Ever Flow River Public Co (EFR), which is listed on the Yangon Stock Exchange, and Ayeyar Hinthar Holdings (AHH) will cooperate to develop the Ayeyarwaddy International Industry Port (AIIP), EFR announced on August 12. EFR subsidiary Unison Choice Services will cooperate with AHH to establish A Logistics Co Ltd, which will act as project manager […]
Company introduces game especially for tourists
February 24, 2020 by
Myanmar’s ZE3 Co has introduced its new TREK game, aimed at tourists to the Golden Land. The product launch was held on February 9. The game uses a series of cards, to help visitors learn more and explore the sites of the country. Beautifully designed and presented in a box set, the cards also make […]
Local Waste-Management Company Among Asian Winners at Global Startup Competition
January 8, 2020 by
In a first for a company managed by Myanmar citizens, local waste-management service RecyGlo competed with more than 20 other startups from Southeast Asia, Asia Pacific and the Caribbean and was among 15 winners of last month’s Seedstars Asia Competition in Cambodia, earning the company the right to take part in the global competition next […]
Shareholders ask bus company to buy back shares
December 9, 2019 by
Some 200 shareholders of bus service operator Yangon Urban Public Transportation Company (YUPT) are calling on the Yangon Region government to buy over their shares in the company. This comes after a shareholder uprising over the company’s lack of profit and leadership selection disrupted YUPT’s annual general meeting in late October. Last weekend, YUPT began […]
Davos 2018: China’s economic shift and implications for Myanmar
February 3, 2018 by
Myanmar will capture Chinese investment as Beijing prioritises poverty alleviation and development in Yunnan AS the fight against poverty takes centre stage in Beijing’s economic policy, Yunnan and Myanmar will remain a priority for Chinese investment, while China’s fast-growing middle-income population, especially those in the southwest, presents a crucial market for Myanmar’s growth-oriented businesses as well […]
What do Local and International Businesses Make of The Belt and Road?
June 7, 2017 by
Businesses in Myanmar generally welcome the Belt and Road Initiative’s (BRI) investment boost for the country’s infrastructure development. Some urged Myanmar to be more proactive in navigating its involvement in the scheme. Many emphasised the importance of transparency, public engagement and adhering to international practices. But some have also expressed reservation and scepticism against China’s ambitious […]
Investor-Friendly Environment and Human Capital Essential for Myanmar’s Success in the Belt and Road Initiative
June 5, 2017 by
The Belt and Road Initiative: interview with Jonathan Woetzel, McKinsey senior partner and MGI director Jonathan Woetzel, senior partner of McKinsey & Company and director of the McKinsey Global Institute (MGI), told The Myanmar Times that success of the Belt and Road Initiative (BRI) in Myanmar would depend on the country creating an investor-friendly environment […]
Yangon takes legal action against nearly 30,000 vehicles
June 2, 2017 by
The Yangon region government took legal action against nearly 30,000 vehicles which are parked on public roads for long periods, it is learnt. As the number of cars in Yangon increased and parking became scarce, there were many quarrels over parking. Some companies and shops are taking up many of the parking spots on public […]
‘Myanmar Banker Leadership Program’ launched
June 1, 2017 by
Siam Commercial Bank (SCB), in collaboration with Myanmar Banks Association and Thammasat University, launches SCB Bankers Academy “Myanmar Banker Leadership Program”, the first program exclusively developed for Myanmar banking executives, according to a press release. To foster talent in the banking industry, the program is specially tailored for Myanmar banking executives to build skills and […]
