Solar could lower power costs for local business, IFC study reveals

Distributed solar solutions can help businesses in Myanmar bring down their power costs and climate impacts, a study by the International Finance Corporation (IFC) reveals. The study estimates that there are more than 700 megawatts worth of potential commercial and industrial solar projects in Myanmar, which is equivalent to around 10 percent of the country’s […]

Yangon Farmers market

The concepts of ‘Yangon City’ and ‘farming’ are difficult to connect. The smoggy, bustling roads and towering condos of the urban centre often do not even offer a view of any fertile land, though the fields are only a few miles away. It often seems that food magically appears at the supermarket or depots for […]

What’s new, copycat?

Myanmar’s designers are pinning their hopes on a new copyright law That people wear reveals as much of their personality as the cultural traits of their country. Creators and designers are not only business people making clothes or accessories for a living, but artists embellishing and also chronicling the ways of their own societies. As […]

Hitachi Established Hitachi Myanmar Laboratory at University of Information Technology, Yangon

Hitachi, Ltd. (TSE:6501, “Hitachi”) announced today that it has established Hitachi Myanmar Laboratory at the University of Information Technology, Yangon (UIT) (Rector: Saw Sanda Aye, Ph.D.) to develop Myanmar’s next generation of IT leaders. In addition to sending engineers from Japan to offer IT courses for UIT professors and students, Hitachi will also donate the […]

Loans grow to SMEs, but still not enough to ease concerns

Small entrepreneurs face a tough slog to receive bank loans. The World Bank’s 2014 Enterprise Survey listed access to finance as the largest single concern of local business, ahead of troubles accessing land, electricity and skilled workers. Domestic loans usually come with short terms and have a high bar for collateral. U Zin Phyo Paing, […]

Trade centre to be rebuilt after bombing

The Yangon Trade Centre rocked by a 2005 bombing will be re-opened, as the Ministry of Commerce has announced a tender for local investors to re-build the project. The building in Mingalar Taung Nyut township has sat unused after closing following the 7 May 2005 attack during a scheduled Thai commodity trade fair. Some 11 […]