The lack of infrastructure, clearer rules on business and domestic politics continue to be issues weighing on investor sentiment towards Myanmar. US Ambassador to Myanmar Scot Marciel, who spoke at the American Chamber of Commerce Myanmar’s “Improving Ease of Doing Business Forum” yesterday, acknowledged that while the government has been implementing reforms and building infrastructure, […]
Harley-Davidson Opens Showroom in Mandalay
March 9, 2018 by
MANDALAY — The American motorcycle manufacturer Harley-Davidson opened its first authorized showroom and service center in Myanmar on Saturday in Mandalay. Mandalay has drawn the attention of motorcycle dealers, with numerous motorcycle clubs and riders. “With Myanmar’s recent economic development and a large community of riders in Mandalay, it was a logical place for us […]
AMCHAM Myanmar Encourages U.S. Banks to Enter Myanmar Market
August 5, 2017 by
The American Chamber of Commerce in Myanmar (AMCHAM Myanmar) recently led a financial services business delegation to Yangon and Nay Pyi Taw consisting of 13 companies to meet with government representatives and local banks from July 24-26. The goal of the mission was to help U.S. financial institutions, including banks and insurance companies, get a […]
Myanmar Firm Building $12m Industrial Park in Push to Modernise Agriculture
January 17, 2017 by
The Myanmar Agribusiness Public Corporation is building a $12 million industrial park in the delta region in a bid to push up the quality of Myanmar’s farming produce and attract investment. The park in Myaungmya township, about 150 kilometres west of Yangon, is slated for completion in late 2018, but already has basic infrastructure […]
US unlikely to lift sanctions in 2016
March 3, 2016 by
Despite boasting a new democratically elected government that enjoys enormous popular support, Myanmar looks unlikely to shed the US sanctions that have restricted the country for decades, according to experts familiar with the sanctions program. Various individuals and organisations – international and domestic – have called for the US to lift sanctions against Myanmar, following […]
