YANGON—The World Bank (WB)’s latest survey on Myanmar has revealed that nearly half of all businesses in the manufacturing and service sectors do not expect to recover from the economic effects of the pandemic, while a reduction in sales is the top concern of businesses in the country. The WB’s latest survey for October covered […]
COVID-19 Taking Huge Toll on Myanmar Manufacturing, Service Sectors, World Bank Says
December 14, 2020 by
Interview with Mr. Okka Phyo Maung, co-founder and CMO of RecyGlo Myanmar
February 5, 2019 by
A few words about your business in Myanmar and the sector you are working in? At RecyGlo, we’re committed to providing environmentally friendly recycling solutions to Business and individual using our innovative logistics solution and market place for waste and second-hand training platform in South East Asia. Founded in May 2017, our mission is to […]
Corporate Japan urges Myanmar to address business concerns
December 10, 2018 by
The most senior Japanese business leader in Myanmar urged the government to recognise how liberalisation, efficient bureaucracy and reliable power supply allowed Thilawa Special Economic Zone (SEZ) to attract considerable investments. He also warned that current restrictions placed on foreign firms in the retail and wholesale sector are already “the maximum” but commended the ministry’s […]
Central Bank provides new details on foreign-bank directive
November 28, 2018 by
Foreign banks will be allowed to expand their branch networks in Myanmar next year, according to two senior officials of the Central Bank of Myanmar (CBM) yesterday. “More foreign bank branches will be allowed next year. Foreign banks can no longer be blocked from doing business in Myanmar because the local banks are not developed […]
Rangoon Taxis Need Reform
May 23, 2017 by
Rangoon has around 70,000 taxis plying the city’s streets, many owned and run by individuals. There are two local pioneering app-based cab service providers—Hello Cabs and Oway Ride—cultivating a culture in which apps are used to hail taxis in the city since 2016. The two are now set to compete with foreign brands: Singapore-based firm […]
