The official visit to Vietnam from April 19-20 by Myanmar State Counsellor Aung San Suu Kyi will enhance bilateral friendship and boost cooperation in order to create a foundation to develop the two sides partnership, according to Vietnamese Ambassador to Myanmar Luan Thuy Duong. This is the first official visit to Vietnam by Aung San […]
On PM Narendra Modi’s visit, Myanmar to receive first lot of diesel from India
September 7, 2017 by
NAY PYI TAW: The first consignment of high speed diesel from India will reach Myanmar on September 3, Parami Energy Group CEO Ken Tun has said. Ken Tun told Mizzima News that his group is importing the diesel under a joint venture agreement with India’s Numaligarh Refineries or NRL. Two trucks, each loaded with 4,000 […]
The insurance queue just got longer
August 4, 2017 by
Myanmar has a historic connection with the insurance industry. Almost 80 insurance companies operated in the market from the mid-19th century till the mid-20th century, and a large number of them were foreign companies. But things changed in the 1960s when the industry was taken over by the government and all foreign insurers in the […]
Canadian engagement – Interview with Canadian Ambassador to Myanmar Karen MacArthur
July 24, 2017 by
Canada has a growing relationship with Myanmar and recently hosted a visit of Myanmar State Counsellor Aung San Suu Kyi to Ottawa. From the latest statistics, Canada currently has US$202 million invested in Myanmar. Bilateral trade as of 2016 stood at US$92 million, according to Canadian government statistics. In the following interview carried out this […]
Thai e-wallet platform provider joins hands with Myanmar retailer
February 13, 2017 by
T2P Deep Pocket, Thailand’s fastest-growing e-wallet platform provider, has formed a joint venture with City Mart Holding, the leading modern retail chain in Myanmar. A joint venture agreement between them was signed during a Myanmar-Thailand cooperation mission presided over by Myanmar State Counsellor Aung San Suu Kyi and Deputy Prime Minister of Thailand Dr Somkid […]
Singapore, Myanmar to Start Talks on Investment Treaty
December 2, 2016 by
Singapore and Myanmar will begin talks on a bilateral investment treaty and update an agreement on avoidance of double taxation in a sign of growing economic ties between the two countries. The moves will send a positive signal to investors and boost economic growth, said Prime Minister Lee Hsien Loong yesterday at a dinner which […]
Myanmar Hopes to Overtake Singapore Economically in 20 Years’ Time: Suu Kyi
December 1, 2016 by
SINGAPORE: Myanmar hopes to overtake Singapore’s economy in 20 years’ time and the country is hoping that Singapore will lend a helping hand, said Myanmar State Counsellor Aung San Suu Kyi on Wednesday (Nov 30). Speaking at the IE Singapore’s Global Conversations business dialogue, Ms Suu Kyi, who is in Singapore for a three-day official […]
New Myanmar investment law is the ‘right move’
September 15, 2016 by
INTERNATIONAL lawyers have welcomed Myanmar’s new investment law, saying it will create a better investment environment for both local and foreign investors once enforced. Jo Daniels, managing partner of Baker & McKenzie Myanmar, said at a media roundtable that the new law could be one of Myanmar’s most significant legal reforms once approved by the […]
