Investors looking for clues on where the Myanmar economy is headed may glean some insight from Serge Pun’s recent corporate maneuvers. The 65-year-old Myanmar tycoon has not been idle of late. Last month, units of Peninsula Residences Yangon, a collection of 96 private luxury homes, went on sale. The homes are part of the Yoma […]
Read MoreThe implementation of a recently approved crop insurance scheme to protect farmers in Myanmar, while urgently needed, will face challenges as stakeholders grapple with the risks and complexities. In January, the Ministry of Planning and Finance approved a two-year pilot crop insurance project aiming to cover damages to crops as a result of erratic weather […]
Read MoreAsia AVA Gas Company has entered into a joint venture with Myanma Petrochemical Enterprise (MPE), which falls under the remit of the Ministry of Electricity and Energy (MOEE) to undertake a project enabling the import, storage and distribution of liquefied petroleum gas (LPG) in Myanmar, Daw Yin Yin Aung, deputy director of MPE, told The Myanmar […]
Read MoreNegotiations are underway between Myanmar and China for the construction of a Chinese economic zone to promote Myanmar manufacturing and tourism, U Yan Naing Tun, director general of the Department of Trade under the Ministry of Commerce told The Myanmar Times last week. This comes after the two countries last year signed an MOU to develop the […]
Read MoreThe government has promised to fully electrify Myanmar by 2030. Yet, insufficient public funds have been allocated to power generation and there are no immediate plans to restructure loss-making tariffs or charge more for electricity. One of the government’s top promises since it came into power is to supply electricity to the entire country by […]
Read MoreThough Myanmar has liberalised some policies in recent years to attract more foreign direct investment, its FDI regulations are more restrictive than in most peer economies in Southeast Asia, according to the Asian Development Bank’s new report on the regional economy launched in the second week of April. Yumiko Tamura, principal country specialist at ADB […]
Read More
Thailand
