Tags Posts tagged with "Myanmar"

Myanmar

Myanmar AirAsia could be Tony Fernandes’ next big thing

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Malaysia-headquartered AirAsia, the largest Asian budget carrier as per the size of its fleet, is in talks with a partner to set up an...
Samsung decides against investing in Myanmar amid “government inaction”

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South Korea’s corporate giant Samsung Electronics scrapped its plans to build a production base for smartphones or home appliances in Myanmar due to what...
Cambodia remains most corrupt country in Southeast Asia

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Cambodia remained the most corrupt country in Southeast Asia in the Corruption Perception Index 2017, the annual global graft ranking compiled by Transparency International,...
Despite latest IPO, Myanmar’s stock exchange remains lame duck

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The young Yangon Stock Exchange saw its first real initial public offering (IPO) on January 26, but despite high expectation of the listing of...
Laos, Myanmar drug production changing in focus

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Drug production in both Laos and Myanmar, normally known for producing large quantities of opium as a base for heroin, is apparently shifting rapidly...
Myanmar’s residential property market facing downward correction

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The heydays for landlords in Myanmar's with sky-high rents in larger cities are apparently over.  A global property firm says that 2018 will bring...
New Myanmar bank to supply tourism businesses with cheap loans

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A new bank, Myanmar Tourism Bank, will begin operations within six months in so far three branches in Yangon, Mandalay and Naypyidaw with the sole...
Luxury brand Bulgari under fire for using “genocide gems” from Myanmar

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Italian high-end jewelry maker Bulgari is feeling the heat from human rights activists for continuing to buy and use gems from Myanmar. By doing...
Investment climate in Myanmar worsens over uncertainty, delayed reforms

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Myanmar, just until recently dubbed the new frontier for investments into nearly everything – infrastructure, consumer products, telecom, housing and tourism – has turned...
Myanmar´s tourism revival at risk amid Rohingya crisis

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Myanmar has huge plans for its tourism industry. While 2.9 million tourists visited Myanmar in 2016, the government targets to welcome 3.5 million tourists...
Manila Water Company expanding to Thailand

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Publicly listed Manila Water Company, the major water provider for Metro Manila in the Philippines, in which the country's oldest conglomerate Ayala Corporation holds...
Ratings for Suu Kyi’s new Myanmar government not very flattering

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Satisfaction among Myanmar residents over the performance of the post-military government of former democracy icon Aung San Suu Kyi and her National League for...
Myanmar economy loosing steam, reforms urgently needed

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Myanmar, until recently perceived as the new tiger cub success story of Southeast Asia after the country's "soft opening" in 2011 under then-president Thein...
Grab starts service in Myanmar, secures $2.5b in new financial backing

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Singapore-based ride-hailing company Grab started full operations in Myanmar this week, launching localised apps with new safety and technology features after a four-month trial...
Myanmar business tycoon complains about government’s “neglect of economy”

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Serge Pun, one of the richest individuals not only in Myanmar, but all over Southeast Asia, on July 6 criticised the government of Aung...
Migrant worker chaos highlights ASEAN’s policy failures

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The current migrant worker crisis in the Association of Southeast Asian Nations (ASEAN) highlights the ineffectiveness of the bloc in regulating core issues of...
How Thailand tackled its opium growing problem

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A few decades ago, life in the hill tribes area in northern Thailand was no bed of roses. The region between Chiang Rai and...
World Bank bashed for funding Myanmar projects linked to tycoons

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A US-based campaign group focusing on Myanmar urged the World Bank’s financing arm International Finance Corporation (IFC) to reconsider its Myanmar investments, saying its...