The Myanmar Agribusiness Public Corporation is building a $12 million industrial park in the delta region in a bid to push up the quality of Myanmar’s farming produce and attract investment. The park in Myaungmya township, about 150 kilometres west of Yangon, is slated for completion in late 2018, but already has basic infrastructure […]
Post-Sanctions Myanmar the New Frontier for Global Business
October 14, 2016 by
YANGON/TOKYO — The end of long-standing U.S. sanctions on Myanmar companies linked to the former military government is cause for celebration in both countries, opening up a slew of previously off-limits business and investment opportunities. The U.S. Treasury Department lifted all financial sanctions on the Southeast Asian nation Friday after months of dogged appeals by […]
The Land Rush in Myanmar
June 14, 2016 by
After decades of military rule, Myanmar at last has a democratically elected government. Longtime opposition leader Aung San Suu Kyi’s party took charge in March, with her ally Htin Kyaw becoming president and the Nobel laureate herself serving as foreign affairs minister. In response, the U.S. last month announced a partial rollback of economic sanctions […]
US commerce head touts stronger ties
June 9, 2014 by
US secretary of Commerce Penny Pritzker oversaw the opening of a commercial services office in Yangon on June 6 as the US looks to strengthen economic ties with Myanmar after decades of severely limited engagement hampered by strict sanctions. The commercial services office will operate out of the US Embassy in Yangon and will serve […]
Planning for the Future American law firm opens in Yangon
November 11, 2013 by
An American law firm which recently opened an office in Yangon says it is poised to announce investment deals between some of its US clients with leading Myanmar companies. The deals were foreshadowed by Mr Eric Rose, lead director of New York-based Herzfeld Rubin Meyer & Rose (HRMR), which says it is the first licensed […]
