asia world

Asia World Sees Myanmar’s New Concrete Road as Catalyst and Confidence Booster for Investments Into Rakhine

March 6, 2019 by Thiha

The Asia World Foundation said today that a new, all-weather 54-kilometer concrete road will serve as a major confidence booster and catalyst for direct investments in Rakhine State which today kicked off a three-day investment fair that was inaugurated by Myanmar’s State Counsellor Daw Aung San Suu Kyi. The Foundation of the Asia World Group, […]

Filed Under: Latest News Tagged With: asia world, Asia World Foundation, CITF, Construction and Infrastructure Task Force, investments, Japan External Trade Organization, Japan International Cooperation Agency, JETRO, JICA, MIC, Myanmar investment commission, Rakhine State Investment Fair, socio-economic, UEHRD

Myanmar and ASEAN A Great Unknown to Trump

March 31, 2017 by thiha

Eric Rose is lead director of Herzfeld Rubin Meyer & Rose (“HRMR”), the first US law firm established in Myanmar. HRMR is a founding member of the American Chamber of Commerce Myanmar, and Mr Rose serves on its Executive Committee, and also chairs its HR Committee. In an exclusive interview with the Myanmar Times, he […]

Filed Under: Latest News Tagged With: AMCHAM, American Chamber of Commerce Myanmar, American financial institutions, asean, asia world, Australia, Cambodia, Canada, central bank, China, commerce, Company Administration, Congressional Budget Office, Daw Suu, DICA, Directorate of Investment, Donald Trump, Eric Rose, Executive Committee, Financial Crimes Enforcement Network, First US Law Firm, Foreign Narcotics Kingpin Designation Act, GNP, Herzfeld Rubin Meyer, HRMR, India, Laos, Malaysia, Max Myanmar, Myanmar economy, Myanmar Times, Naing Ngan Jar Thar, OFAC, Office of Foreign Assets Control, philippines, President Barack Obama, Rex Tillerson, Rose, Secretary of Commerce, secretary of state, Secretary of the Treasury, singapore, specially designated nationals, State Departments, Steven Law, Steven Mnuchin, Tatmadaw, The American Chamber of Commerce in Myanmar, U Tay Za, U Thin Kyaw, U Win Thein, U Zaw Zaw, United Wa, US Burma Sanctions, US Chamber of Commerce, US Treasury Department, Vietnam, Western Banks, Wilbur Ross, World Bank, Yangon University of Economics

Yangon Relaxes Truck Use Restrictions

March 22, 2017 by thiha

Restrictions on the use of container trucks in Yangon are being relaxed, according to the regional Ministry of Planning and Finance. Minister Myint Thaung told a meeting that the container trucks from the ports of Asia World and the International Terminal Thilawa had been allowed to go to Hlinthaya Township from 11am to 3pm. Another meeting on the subject took place between military-appointed Vice President […]

Filed Under: Latest News Tagged With: asia world, Federation of Chambers of Commerce, finance, Hlinthaya Township, industry, Ministry of Planning, MITT, the International Terminal Thilawa, Yangon Region, Yangon Region Transport Authority

Rangoon Electricity Tender Awarded to Murky Consortium

October 27, 2016 by thiha

Subscribe to our tender alert mailing list RANGOON — A consortium with links to a Burmese company previously on the US blacklist and including an international energy company affiliated with the former US Secretary of State Madeleine Albright will work to alleviate Rangoon’s electricity woes. A consortium led by National Infrastructure Holdings won tender to generate […]

Filed Under: Latest News, Tenders & Awards Tagged With: Ace Resources Group Pte Ltd, ACM, Albright Capital Managementm, APR Energy, APR Energy PLC, asia world, Asia World Co. Ltd., Electric Power Generation Enterprise, Energy, EPGE, Florida, Jacksonville, Kyaukse Township in Mandalay Division, Lo Hsing Han, MCM Pacific Pte.Ltd, Minister for Health Maj Gen Ket Sein, Ministry of Electricity, National Infrastructure Holdings, Naypyidaw International Airport, New Light of Myanmar, Rangoon, Steven Law, U Htun Myint Naing, U Maung Kyay, US Secretary of State Madeleine Albright, Yangon Psychiatric Hospital

Post-Sanctions Myanmar the New Frontier for Global Business

October 14, 2016 by thiha

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 […]

Filed Under: Latest News Tagged With: American Companies, American International Group, asia world, Ayeyarwady Bank, Blocked Persons, Citibank, Executive Chairman Zaw Zaw, Max Myanmar Holding, Mitsubishi Corp, Myanmar Brewery, Myanmar Companies, National League for Democracy, Southeast Asian Nation, specially designated nationals, State Counselor Aung San Suu Kyi, The US Treasury Department, Tokyo, Yangon, Yangon International Airport

The Wartime Supply Road That Became Myanmar’s Thriving Trade Route

October 12, 2016 by thiha

YANGON — As trucks barrel down the well-paved road between Mandalay and the southwest of China, few of the men working on the construction sites lining the road probably realize that it was once a vital wartime supply route. As Myanmar’s overland tradewith China expands, the roadis now being revived as a bustling trade artery between the two countries. In Mandalay, […]

Filed Under: Latest News Tagged With: asean, asia world, Aung Win Khaing, Ayeyawaddy River, Chiang Kai Zhek, Communist China, Ensho Route, France AccorHotels group, Hong Kong, India, japanese, Kan Kyi Maung, Kerry Properties, Kyaw Kyaw Win, Mandalay Myotha Industrial Park, Mingalar Mandalay, MMIP, Ne Win, RHTGC, Royal Hi Tech Group, Shan State, Shein Thu Shauk, Sho Kaiseki, Southwest of China, Steven Law, Thein Sein, Thilawa Special Economic Zone in Yangon, World War, Yangon

US terminated remaining sanctions against Myanmar on 7 Oct 2016

October 8, 2016 by thiha

On 7th October 2016 – President Obama signed the Executive Order to terminate the remaining economic and financial sanctions against Myanmar that make it very difficult for US banks, financial institutions and companies to do business with Myanmar. That means the following group of people and entities have been removed from the US Sanction List […]

Filed Under: Featured Stories Tagged With: asia world, deletion, Executive Order, Htoo Group, Khin Shwe, Max Myanmar, OFAC, President Obama, sdn list, Steven Law, Tay Za, termination, US sanction, Zaw Zaw, Zaykabar

Complete List of 204 entities and individuals removed from the US Sanction List for Burma

October 8, 2016 by thiha

The following deletions have been made to OFAC’s SDN List for Burma as of 7/10/2016: STATE PEACE AND DEVELOPMENT COUNCIL OF BURMA [BURMA]. SHWE, Than; DOB 02 Feb 1935; alt. DOB 02 Feb 1933; nationality Burma; citizen Burma; Senior General, Minister of Defense and Commander-in-Chief of Defense Services; Chairman, State Peace and Development […]

Filed Under: Featured Stories Tagged With: asia world, deletion, Htoo Group, Khin Shwe, Max Myanmar, Myint Htay, OFAC, sdn list, Steven Law, Tay Za, termination, US sanction, Yuzana Group, Zaw Zaw, Zaykabar

Time to re-look your investment plan in Myanmar as Obama pledges to lift all remaining sanctions against Myanmar

September 15, 2016 by thiha

President Obama this morning pledge that the US will lift all remaining sanction s against Myanmar after meeting Daw Aung San Suu Kyi at the Oval Office. Currently the last remaining Myanmar tycoons on the SDN List are Steven Law of the Asia World Group U Zaw Zaw of the Max Myanmar Group U […]

Filed Under: Featured Stories, Latest News Tagged With: asia world, Daw Aung San Suu Kyi, Htoo Group, Khin Shwe, Max Myanmar, Myanmar Economic Corporation, Myanmar Ruby Enterprise Co Ltd., Myawaddy Bank Ltd, sdn list, Steven Law, Tay Za, Union of Myanmar Economic Holdings, US sanction, Zaw Zaw, Zaykabar Group

The sanctions game: US mulls rewriting Myanmar blacklist

September 5, 2016 by thiha

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Rolling back US sanctions on Myanmar will top the agenda Wednesday as President Barack Obama hosts democracy champion Aung San Suu Kyi, with American firms desperate to tap millions of consumers once cut off by the former junta. […]