The General Administration Department cancelled the liquor licences of two restaurants at the Secretariat complex in downtown Yangon after strong public opposition, a Yangon regional legislator said Monday. The two restaurants had rented space at the newly restored Secretariat, where independence leader Bogyoke Aung San and six government ministers were assassinated by a paramilitary group […]
UK shifts trade policy on Myanmar to open markets further
September 4, 2019 by
Britain is signalling a shift in its trade policy on Myanmar to focus on opening up specific sectors where UK companies already have a foothold, including education, financial and professional services, infrastructure and energy. In an interview with The Myanmar Times, Warren Pain, director of international trade at the British embassy, set out how the […]
Can mobile banking overcome Myanmar’s trust issues?
November 6, 2018 by
It is 5pm on a Wednesday and Yangon’s streets are at a near standstill. Sunset comes early to this city of 7.36 million. Thankfully, since it is winter, the weather is cooler and drier than the rest of the year. So as dusk descends over some of the unruliest traffic in Asia – there are […]
Myanmar President Calls for Reform of Nation’s Military-Drafted Constitution
January 13, 2018 by
YANGON (Reuters) – Myanmar’s civilian president called in an Independence Day speech on Thursday for reform of a military-drafted constitution and for justice for all recognized minorities under a federal system, but made no mention of the treatment of its Rohingya Muslim people. Amending the charter to remove a dominant political role for the military […]
Mandalay taps British expertise for higher education
November 14, 2017 by
MANDALAY, Myanmar’s second largest city, is expected to become the country’s northern economic hub over the next two years. Yet, skills and talent in the city still lags behind Yangon and many cities in ASEAN. The brain drain and skills shortage are dragging its economic growth. But Ko Ye Tun Min, founder of the Mandalay […]
Yoma Digs Deep to Invest in JCB Machines as it Awaits Big Growth in Infrastructure
May 25, 2017 by
Yoma JCB, Myanmar’s official distributer of British-made JCB tractors, will invest $5 million over the next few years to grow the brand amid the country’s infrastructure boom, according to the company’s CEO. The firm last week launched 8 JCB models, including the Backhoe Loader and Excavator, for distribution through parent company Convenience Property’s (CPCL) 14 […]
International hotel chains open their doors in Myanmar
May 5, 2017 by
Since opening up the country, more tourists come and discover Myanmar and it is expected to grow even more. Therefore, more and more investors are seeing chances to begin their business here. That is why a lot of new hotels will open their doors as well in 2017. Since the new government, led by National […]
Yangon and Hong Kong: A forgotten tale of two cities
April 4, 2017 by
To many people in Hong Kong, Myanmar might sound exotic and unfamiliar. The fact remains, however, that the country, formerly known as Burma, and our city both used to be British colonies and have close ties with each other. Yangon (also known as Rangoon), Myanmar’s largest city and former capital, was once a key trading […]
