Business / Trade

In a move targeting speculators, the Rangoon government will require idle landholders in the division’s industrial zones to present a detailed business plan for how they will use the real estate or see it seized.


Coca-Cola was one of the first American companies to invest in Myanmar after US sanctions were relaxed in 2012. The production and marketing of its well-known softdrink started in June 2013 and led to the global market leader sliding into pole position in Myanmar as well. Mizzima’s Hans Hulst spoke with Coca-Cola Myanmar general manager Rehan Khan about the challenges of producing and marketing fizzy drinks in a frontier market. (more…)

When thinking about Myanmar, the words ‘tech’, ‘startup’ or ‘entrepreneur’ are unlikely to pop up. That’s largely because those things are simply not synonymous with the South East Asian country, one of the poorest in the region. But where few care to venture, there is often abundant opportunity in the long-term. Sydney based, Pollenizer has spent the past year injecting its ‘Startup Science’ into the country to inspire the first generation of tech entrepreneurs. (more…)

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Guangdong Zhenrong told the reporters from the Golden Phoenix that Myanmar’s reform has brought cars to average Burmese families and increased the demand for gas; meanwhile, the high gas price and its low quality has caused difficulties in social development and has a negative impact on the environment. (more…)

Burma’s Directorate of Investment and Companies Administration (DICA) will return two Rangoon heritage buildings to the government that it had slated for privatization, after the directorate was unable to compile a sufficient historical ownership record, DICA’s director general Aung Naing Oo said this week. (more…)

The 1,360-megawatt Hatgyi hydropower project – a joint venture between the local IGE Company and Chinese companies – is not yet officially permitted, and the case is still being studied, said Aung Naing Oo, the secretary of the Myanmar Investment Commission (MIC) at a press conference on December 2. (more…)

An annual global survey by watchdog Transparency International said Burma remains one of the worst countries in Southeast Asia for public sector graft and ranked it as the 19th most corrupt country in the world. (more…)

Oil rebounded in Asia on December 3 as dealers consolidated positions and awaited the latest US crude stockpiles report for fresh leads following sharp falls due to a supply glut, analysts said. (more…)

The new India-Myanmar shipping container service transporting produce between Myanmar and India will need time to get off the ground, according to the secretary of Myanmar Pulses, Beans and Sesame Seeds Merchants Association. (more…)

Economists have pegged the health of Burma’s economy to the political environment in the lead up to next year’s general election, saying instability or a failure to see reforms through could hamper economic growth in the impoverished Southeast Asian nation. (more…)

When Aye Cho Khine left her family in a farming town in central Burma for work and better pay in the city of Rangoon 16 years ago, she felt lost and bewildered. (more…)

Myanmar has seen a five-fold increase in tourism income over the last decade with the sector pulling in US$905 million in 2014, according to a report on the sector, released on November 30 from the Ministry of Hotels and Tourism. (more…)

As the World Bank seeks to help Myanmar’s under-developed agricultural sector, an important stumbling block is proving to be the reliability of farming, crop and market statistics.


Deepwater production is perhaps the most complicated method of petroleum extraction – and one with which Myanmar has little experience. (more…)

In early 2014, May Myat Mon Win became the general manager of the Chatrium Hotel Royal in Rangoon, making her Burma’s first female head of a five-star hotel.


A Ministry of Communications and Information Technology official has denied a report that a military-owned conglomerate has been selected to become Burma’s fourth telecom operator, after a state-owned newspaper this week announced that the conglomerate was awarded a mobile phone license.


About 600 workers have protested in Mandalay calling for further amendments to the Labour Dispute Settlement Law, which they say has so far been ineffective because punishments for violations are too weak. (more…)

The ‘Putinization’ of Myanmar’s economy

For anyone wanting to gain an understanding of whether Myanmar’s economic reforms are real, the European Parliament Committee Meeting held in Brussels on November 6 provided some useful insights. (more…)

American multinational General Electric will soon begin upgrading Rangoon’s industrial gas turbines, a spokesperson said on Wednesday, after finalizing an agreement with the government. (more…)

The Yangon Electricity Supply Board (YESB) will begin to facilitate private investment from early next year, with a view to the possibility of an eventual complete privatization of the city’s electricity transmission. (more…)

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