New US trade preferences highlight challenges for Myanmar exporters

Myanmar’s business sector has welcomed US plans to lift almost all remaining sanctions against the country and reinstitute special trade preferences, but some industries could find it hard to take advantage of the new environment. US President Barack Obama announced this week that he intends to lift the state of emergency the US declared against Myanmar in […]

Indian multinational plans agricultural expansion

Indian multinational conglomerate Mahindra Group is looking for local partners across a range of sectors including agriculture and automobiles as part of a planned expansion into Myanmar, the group’s chief risk officer told The Myanmar Times. Mahindra has only a small footprint in the country, having partnered with local firm Bandoola to sell tractors back in […]