For countries investing in Myanmar, the selling point is often similarities

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Recently, a delegation of businesspeople and diplomats from South Africa held a series of events in Yangon. Their hope was to promote tourism in South Africa, find markets for food and other products in Yangon, and find potential investors in their own country.Throughout their talks, they spoke of the similarities… Read more »

London summit focuses on Myanmar’s investment opportunities

The recently-emerging investment opportunities in Myanmar against a backdrop of ambitious reforms and strong economic growth were highlighted at a business summit held recently in London. Titled “Promoting economic reform in Myanmar – Why responsible British business is good for Myanmar”, the conference was attended by over 100 representatives from… Read more »


Mon Gov’t Inks Port Deal with MOSB Ltd

The Mon state government has signed a memorandum of understanding (MoU) with Myanmar Offshore Supply Base (MOSB) Ltd to construct, manage and operate the new port facility located in Mawlamyine, the capital of the state. The dedicated port will provide a wide range of services to the operators now actively… Read more »


American beef firm expands into Myanmar with maiden shipment

Idaho-based Agri Beef Co announced that it became the first US producer to sell beef and pork products in Myanmar with its maiden shipment to the Southeast Asian nation. More than 500 pounds of beef and pork – a combination of ribeye, strip loin, tenderloin, beef cheek meat, pork loin… Read more »


Myanma Railways invites consultancy proposal to build fibre cables

State-run Myanma Railways has invited proposals from local and foreign firms to provide consultation services for construction of underground optical fibre cables (OFCs) along the railroads across the country. The deadline for submitting the EOIs (expressions of interest) is March 20. The firm that will win the contract will provide… Read more »


Burmese Becomes Gmail’s 74th Language

Google has released a Myanmar-language version of their Gmail service, hoping to extend its popularity in the country as internet penetration has risen five-fold in recent years. The internet giant’s new move makes Burmese the 74th language for its email service. Google spokesperson Brian Kemler said in a blog post,… Read more »


Thailand or Myanmar: Whither flows the capital?

A reversal of geopolitical fortunes means that Myanmar may soon eclipse neighbouring Thailand as a preferred investment destination. If Thailand fails to mend societal woes and if Myanmar continues its political and economic reforms, then foreign investors will begin to redirect their capital away from Bangkok towards Yangon. Critical to… Read more »


MPU, 2C2P launch Myanmar’s first e-commerce payments platform

Singapore-based payment services provider 2C2P (Cash and Card Payment Processor) and Myanmar Payment Union (MPU), the national payment network of Myanmar, have developed and implemented Myanmar’s first electronic commerce payments platform. The platform will allow MPU card holders to search, select and directly pay for online purchases, the firms said…. Read more »


Ooredoo, GSMA to develop app for farmers in Myanmar

Ooredoo Myanmar is set to develop a new mobile application which aims to stimulate the development of Myanmar’s agricultural sector during this year with the support from GSMA (Groupe Speciale Mobile Assocition). GSMA, a confederation of telecom companies, telecom equipment makers and solution providers, is providing its support to the… Read more »


Rocket Internet backs Everjobs’ Asia, Africa expansion plans

Rocket Internet is supporting the expansion of online jobs portal Everjobs across Asia and Africa, following its successful launch in Myanmar. Everjobs co-founder Ronald Schuurs said the company sees an immense opportunity to create a convenient job portal for fast growing economies in the two continents. “Everjobs challenges the status… Read more »