Carlsberg Myanmar announced on September 18 that it has exported 36 million units of 330 ml cans (12,000 hectoliters) of leading beer brand, Tuborg – to Carlsberg China. The news marks the company’s first export of the brand to China, a move made in response to increasing demand for Tuborg in the Chinese market. “We […]
Read MoreDai-ichi Life Insurance Myanmar announced that it is ready to deliver its “Peace of Mind” propositions to the Myanmar community as it celebrates the 118th. anniversary of Dai-ichi Life Group on September 15. Founded in 1902 by Tsuneta Yano, The Dai-ichi Life Insurance Company was the first mutual life insurance company in Japan and has […]
Read MoreAsia Development Bank’s latest report estimated the GDP of Myanmar to grow to 1.8 percent in 2020 compared to 6.8 percent in 2019 while the GDP of most Southeast Asian economies are estimated to contract. Like Myanmar, Vietnam’s GDP growth is expected to have 1.8 percent and Burnie’s 1.4 percent. Thailand’s GDP is estimated to […]
Read MoreIn recent years, the Myanmar bean and pulses industry often suffers from the impact of import policy changes by India, the biggest buyer of Myanmar’s beans and pulses, and whose production is on the rise. Years when crop productivity is strong, India lowers import to protect local farmers, which is a reasonable move for India. […]
Read MoreMyanmar is a step closer to allowing companies to challenge a bid from China Communications Construction Company (CCCC) to build the behemoth New Yangon City project, after hiring German consulting firm Roland Berger to oversee the tendering process. The so-called Swiss challenge will give the Southeast Asian nation the opportunity to demonstrate transparency in its […]
Read MoreThe regional textile industry has come under near-term threat from the global Covid-19 outbreak, especially for key producer Cambodia. Sian Fenner, lead Asia economist at Oxford Economics, noted in a recent report that lockdowns adopted to contain the spread of the virus “have had a severe impact on manufacturing and exports” in Cambodia, Laos, Myanmar […]
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