What do Local and International Businesses Make of The Belt and Road?

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 […]

Vendor Managed Inventory Scheme to begin in Thilawa SEZ

“Vendor Managed Inventory” (VMI) scheme will begin its operation in Thilawa Special Economic Zone (Thilawa SEZ), allowing alternative method for non-resident foreign companies to distribute their products into Myanmar. Such instruction about the new scheme was issued by Thilawa SEZ Management Committee on 7th October 2016. Warehouse operators in Thilawa SEZ will be required to […]