When bicycle-sharing company oBike pulled out of Singapore abruptly last year, leaving the city with unattended bicycles rusting away in parks and public spaces, Myanmar entrepreneur Mike Than Tun Win saw the perfect opportunity to turn trash into treasure. “What if these bicycles could be distributed to poor students in villages so they can cycle […]
Entrepreneur buys unused oBike and Ofo bicycles to donate to poor children in Myanmar
KOTRA: 200 buses to be exported to Myanmar
Two hundred South Korean-made buses will be exported to Yangon, the former capital and the largest city of Myanmar, for use by schools, South Korea’s trade promotion agency said Monday. According to the Korea Trade-Investment Promotion Agency (KOTRA), the 29-seat New County buses, manufactured by South Korea’s top automaker Hyundai Motor Co., will be shipped […]
Myanmar’s reformist business tycoon leading economic evolution
Zaw Zaw, the chief of Max Myanmar group, a major conglomerate in Myanmar, has become the poster boy for the country’s uphill battle to outgrow its past and build a democratic society and a fully modernized economy. About half a year since the U.S. lifted economic sanctions against the Southeast Asian nation, which was under […]
Myanmar’s Myitsone dam project faces uncertain future
The controversial Myitsone dam project in Myanmar’s Kachin state has been suspended for over two years now and stop-work costs, amounting to millions of US dollars, are mounting MYITSONE, Kachin: The controversial Myitsone dam project in Myanmar’s Kachin state has been suspended for over two years now and stop-work costs, amounting to millions of US […]