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Investors say Myanmar last untapped economy in Asia

Reposted from Channel NewsAsia By Linette Lim SINGAPORE : With a population of almost 60 million and vast agricultural and oil resources, Myanmar is seen by investors as the last sizeable economy in...

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Myanmar Generates Real-Estate Interest

Reposted from The Wall Street Journal THANLYIN TOWNSHIP, Myanmar—A possible scene from the future of Myanmar, one of the world’s poorest countries, is taking shape on a bluff here overlooking a muddy...

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Myanmar: Gold Mine or Sink Hole?

Reposted from The Wall Street Journal By PATRICK BARTA YANGON, Myanmar—Private-equity firms are divided over whether Myanmar will be a source of huge profits, or just another place to endure losses....

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Vietnam signs $300 million deal on Yangon mega complex

Reposted from The Myanmar Times By Justin Heifetz The Ministry of Tourism’s Directorate of Hotels and Tourism signed a Build, Operate and Transfer (BOT) contract and land leasing agreement with...

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Biofuel plant for Myanmar

Reposted from Bangkok Post The MAI-listed Universal Adsorbents & Chemicals Plc (UAC) plans to invest in a new 800-million-baht alternative biofuel energy project in Myanmar expected to start...

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Japan’s Government Pushes New Business Role in Myanmar

Reposted from The Wall Street Journal By MITSURU OBE THILAWA SPECIAL ECONOMIC ZONE, Myanmar—Taro Aso, a week after becoming Japan’s new finance minister, put aside pressing domestic issues for a trip...

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Japanese ODA to fund Myanmar’s infrastructure

Reposted from The Myanmar Times By Aye Thidar Kyaw The Japanese government will lend official development assistance (ODA) to Myanmar, implement a plan to cancel national debt and help complete the...

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Myanmar ups its game

Reposted from TRweekly By Wanwisa Ngamsangchaikit BANGKOK, 21 January 2013: Association of Thai Travel Agents says Myanmar will become Thailand’s main tourism competitor over the next five to 10 years....

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Garment industry body sees bright future, with growth outside Yangon

Reposted from The Myanmar Times The garment industry has been growing rapidly in the past two years on increased orders from Japan and South Korea, a spokesperson for the key industry body said last...

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Myanmar’s new market landscape beckons investors

Reposted from freemalaysiatoday By Paulius Kucinas “Come my friends, Tis not too late to seek a newer world”. This line from Lord Tennyson’s “Ulysses” recited to me by a banker at the Davos World...

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Reform of the banking system tops Myanmar’s agenda

Reposted from The Nation By Onravee Tangmeesang Crowded Yangon International Airport is proof of Myanmar’s success in attracting large numbers of visitors now that the country has emerged from decades...

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Myanmar’s booming beauty business

Reposted from Mizzima By Ei Ei Su From lip gloss to powder puff, the demand for beauty products is on the rise in Myanmar’s growing consumer market. Beauty brands from Europe, America and Asia are...

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Google boss calls for free speech in Myanmar

Reposted from Mizzima News Google’s executive chairman Eric Schmidt called for “free speech” and for the government to be kept out of internet regulations during a speech to students in Yangon on...

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Fragrant to invest $300m in Myanmar

Reposted from The Nation By Matavee Tunrungwetjarun Subsidiaries, mega projects in the pipeline Fragrant Property has announced an investment of more than US$300 million (Bt8.8 billion) to expand its...

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Cambodia-based ACLEDA to hire 740 more staff as it begins micro lending in...

Reposted from Eleven Myanmar The Myanmar microfinance unit of Cambodia largest bank, ACLEDA, has started offering loans in 15 townships of Yangon Region at a monthly interest rate of 2.5 percent,...

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Myanmar’s poor infrastructure holds it back but Hong Kong firms see...

Reposted from South China Morning Post By Charlotte So Deficiencies in infrastructure are holding back progress in realising the country’s huge potential, but they’re also golden opportunities...

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One-stop shop for foreign investors to open in Yangon

Reposted from Eleven Myanmar Investors, both foreign and domestic, will be able to use a one-stop service center in Yangon as of Wednesday, according to the Directorate of Investment and Company...

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Myanmar Consumer Summit Pinpoints Local Consumer Dynamics

Reposted from Eleven Myanmar Myanmar Consumer Summit (MCS) will be hosted by CMT on the 9-10 May 2013 in Yangon, to provide investors with insights on Myanmar’s consumer market and ensuing...

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Myanmar to build 14 more jetties at Yangon port

Reposted from BSS YANGON, April 22 (BSS/Xinhua) — Myanmar port authorities will build 14 more jetties at Yangon Port in addition to the 18 existing ones, in a bid to double the freight handling,...

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DICA opens one-stop shop

Reposted from Myanmar Times By Aye Thidar Kyaw One-stop service for investors has arrived. Investors who had to grapple with red tape in five or more separate ministries can now get everything done at...

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