Enquiries on Myanmar by Chinese investors have fallen in the wake of the COVID-19 outbreak which has infected 78,064 in China and caused the death of 2,715, mostly in the central province of Hubei. “Chinese investors making investment enquires to Myanmar have fallen since the virus broke out in December last year. The virus has […]
Trade war will drive Chinese investment in Asean to US$500 billion by 2035, think tank says
November 1, 2018 by
Chinese investment in Asean countries is set to more than triple to US$500 billion by 2035, with the US-China trade war likely to provide a catalyst for the spike, according to a regional think tank. The claim was made in a report published on Thursday by the Asean+3 Macroeconomic Research Office (AMRO), a regional macroeconomic […]
UOB puts focus on Asean investment
September 12, 2017 by
UNITED OVERSEAS BANK (UOB), one of the largest Asian banks, is actively engaged in bringing foreign investors to Thailand, particularly the flagship investment project in the Eastern Economic Corridor, according to its chief executive. Asked which Asean countries were now the most attractive for foreign direct investment in the eyes of UOB, Choon Hin Tan, […]
US sanctions force jade into a corner, say traders
December 17, 2015 by
Jade traders say US sanctions have forced them to rely on Chinese investors and buyers, who dodge taxes and operate with little to no transparency. If Washington were to remove sanctions, they say, it would speed up reform in the troubled sector. Since the US banned imports of gems and jade in 2003, China has […]
UMFCCI urges Chinese businesses to start factories
December 19, 2013 by
The joint secretary of the Union of Myanmar Federation of Chambers of Commerce and Industries (UMFCCI), has urged Chinese investors not only to buy raw materials from Myanmar but also to set up factories. Aye Lwin was speaking at a business meeting between Myanmar and Chinese entrepreneurs on December 16, co-organised by the UMFCCI and […]
Myanmar urges China to invest in Kyauk Phyu SEZ
December 10, 2013 by
YANGON – Myanmar urged Chinese investors to invest in the Kyauk Phyu Special Economic Zone (SEZ) during a bilateral trade meeting on Saturday, according to the Directorate of Investment and Company Administration (DICA). Located on the western coast of Myanmar, Kyauk Phyu Project is one of three special economic zones in the country. The other […]
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