Doubling support to 10 million euro, the EU Myan Ku Fund has been extended to help the tens of thousands of mostly unemployed women migrant workers in the sector amid the global economic crisis. The EU Myan Ku Fund’s extension phase is planned to operate from January 2021 until February 2022. Financial support for laid-off […]
Businesses positive of reform, policy change in post-election Myanmar
January 26, 2021 by
Myanmar’s incoming government was urged to consult and work more closely with the private sector and scale up COVID-19 support for small businesses, corporate figures said at a forum on January 12. Speakers at the virtual panel discussion “Myanmar in 2021: Navigating Reform, Recovery and RCEP” organised by the Myanmar-Hong Kong Chamber of Commerce and […]
Beijing’s New Toys in Myanmar
January 18, 2021 by
A year after Chinese President Xi Jinping’s first state visit to Myanmar, Foreign Minister Wang Yi is scheduled to arrive in the capital Naypyidaw today for a two-day official visit. The trip to Myanmar follows an African tour that has taken Wang to Nigeria, the Democratic Republic of Congo, Botswana, Tanzania, and the Seychelles. The […]
Prospects emerge in the Mandalay property market
January 6, 2021 by
Some real estate agents see interesting opportunities for property investors in the Mandalay real estate market in the coming year. “We believe 2021 has good prospects for real estate because more people will move to Mandalay compared to 2020,” said U Tin Maung, chair of the Myanmar Real Property Development Association. In 2020, property sales […]
Nearly 15,000 cattle stranded in Muse cause high feedstuff cost
December 18, 2020 by
About 70 companies of cattle stranded in Muse are arranging to bring the cattle back to their home owing to the burden of labour wages and high feedstuff cost, said U Soe Naing, chair of Mandalay Region Cattle Exporters Association. “It costs K400,000-600,000 to take care of 100 heads of cattle every day. It includes […]
COVID-19 brings new investment opportunities in Myanmar, says founder of Ascent Capital
December 4, 2020 by
Lim Chong Chong, the founder of Singapore-registered fund management firm Ascent Capital, first visited Myanmar in 2013, when he was working for Singaporean wealth fund Temasek as an associate director. At that time, just two years after the ending of military rule in the country, the internet connection was still a luxury, and mobile users […]
COVID-19 has allowed us to look at new business models: YGA Capital’s Ko Ko
December 4, 2020 by
The National League of Democracy’s resounding victory in Myanmar’s national elections this month, ensuring that Aung San Suu Kyi serves a second five-year term, is set to stimulate stronger investor confidence in the country. While deals are set to pick up in key sectors such as infrastructure, healthcare, and education, the country offers opportunities in […]
Yangon Elevated Expressway, phase one to cost $800 million
December 1, 2020 by
Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. “The project is part of a Public Private Partnership (PPP) system with the Yangon region, and will […]
Increase in foreign investments depends much on power availability and quality: Union Minister
December 1, 2020 by
<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> Union Minister for Electricity and Energy U Win Khaing called for collective efforts as the increase in the flow of foreign investments depends much on the availability and quality of electricity supply, during his inspection of power distribution Electricity facilities in Nay Pyi Taw Council Area yesterday. […]
A Glass bridge and resort to be built near Gokteik Viaduct
November 13, 2020 by
The beauty of nature exists in every state and region of Myanmar. Besides, Myanmar also possess historical heritage which adds more value to the beauty of the respective places. Money investment, international standard techniques, imagination also shape the places more fascinating. Now, a resort with Myanmar’s first glass bridge is going to be built near […]
