Myanmar plans to launch an electronic company-registry system this year and boost its efforts to reduce red tape for businesses after it amended its Companies Act last month to attract foreign investment. “Within six to seven months, Myanmar will establish an electronic company-registry system similar to what we have seen in Hong Kong,” Robert San […]
Kyaukphyu: Asia’s Next Commercial Hub to Rival Singapore and Hong Kong
June 2, 2017 by
In a 13-minute project promotion video China International Trust and Investment Company (CITIC) celebrates the wonder of Asia’s rapid development with portraits of the pre-industrial ports of Singapore, Hong Kong and Taiwan’s Daxi fade into their modern incarnations of high-rise glass and steel marvels. The final image, however, is particularly jarring: a container ship approaches […]
China May shelve Controversial Myitsone Dam in Exchange for Other Interests in Myanmar
April 1, 2017 by
NAYPYITAW, MYANMAR – China has shifted its position in a lengthy dispute with Myanmar over the building of a $3.6 billion dam, seven sources said, signaling its willingness to abandon the project in exchange for other economic and strategic opportunities in Myanmar. Myanmar President Htin Kyaw will discuss a potential deal on the massive Myitsone dam […]
Thailand aims to double bilateral trade with Myanmar
February 6, 2017 by
THAILAND and Myanmar will strengthen trade and economic cooperation under a strategic-partnership strategy aimed at doubling bilateral commerce within the next five years. The two countries’ governments and private sectors will this week sign 15 memoranda of understanding to promote trade, investment and service growth. Deputy Prime Minister Somkid Jatusripitak will today lead an official […]
The Trouble With India’s Projects in Myanmar
September 26, 2016 by
India has great ambitions for infrastructure construction in Myanmar, but falls short in implementation. Myanmar President Htin Kyaw’s recent visit to India, the first by the head of a civilian government in Myanmar in over five decades, saw the two sides focus on improving connectivity and counterinsurgency cooperation. In addition to reaffirming their commitment to […]
