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, […]
Asia World Sees Myanmar’s New Concrete Road as Catalyst and Confidence Booster for Investments Into Rakhine
March 6, 2019 by
Japan envoy says development is solution for Rakhine
February 15, 2019 by
Japan’s top envoy to Myanmar said that economic development is an answer to Rakhine’s conflict and that Tokyo is considering providing aid for the state. “If there is economic development, I believe that there will be no conflict,” Japanese Ambassador Ichiro Maruyama said ahead of a Japan-backed investment fair in Ngapali. The first Rakhine Investment […]
Japan Inc. pours cash into Myanmar despite Rohingya crisis
May 28, 2018 by
YANGON — Japanese companies are investing aggressively in Myanmar with help from Tokyo, even as their European and American counterparts shy away while hundreds of thousands of Rohingya Muslims flee the country to escape persecution. Japan’s businesses were approved to devote a record $1.47 billion to the Southeast Asian nation for the fiscal year ended […]
More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone
April 20, 2018 by
More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone Sawako Utsumi and Lee Jay Walker Modern Tokyo Times Increasing numbers of Japanese companies are investing in the Thilawa Special Economic Zone (SEZ) in Myanmar. Of course, this SEZ is especially important for Japan because it highlights the importance of Myanmar to political elites […]
Japanese sake brewers seek direct deals in Myanmar
March 12, 2018 by
A group of Japanese sake manufacturers recently promoted their country’s famous rice wine in Myanmar, introducing different flavours of the alcoholic beverage. About 10 manufacturers exhibited a total of 26 sake brands during the two-day sake promotion event in late February at Chatrium Hotel in Myanmar’s commercial city Yangon. The direct marketing campaign was organised […]
Sink-or-Swim Time for ASEAN Latecomers as Tariffs Come Down
January 12, 2018 by
HANOI — Cambodia, Laos, Myanmar and Vietnam are no longer getting the kid-gloves treatment in the ASEAN Economic Community. As late entrants to the Association of Southeast Asian Nations, the four countries were initially exempted from abolishing some tariffs when the bloc established the AEC at the end of 2015. As of Monday, however, they […]
Nagasaki fire engine maker, Myanmar firm aim to improve safety via tie-up
January 30, 2017 by
Yangon – A Japanese fire engine maker is teaming up with a local firm to break into the market for safety products in Myanmar, capitalizing on the country’s efforts to improve its firefighting capability with help from Japan. With support from the Japan External Trade Organization (JETRO), Nakamura Shobokagaku Co., based in Omura, Nagasaki Prefecture, […]
CBM to monitor Myanmar investment overseas
April 27, 2016 by
The Central Bank is hoping the new government will support a law that requires all residents with overseas bank accounts to submit regular reports to the monetary authority, which would allow it to collect better data on capital flows, offshore holdings and Myanmar investment overseas. Under the Foreign Exchange Management Law, residents and companies are […]
