Southeast Asian nations

Myanmar invites foreign investment with business-friendly reforms

January 21, 2019 by Thiha

As Seoul fleshes out its New Southern Policy to strengthen ties with Southeast Asian nations and other countries, Myanmar presents fresh opportunities with its business-friendly policies, according to the country’s top envoy to South Korea. During the Burmese National Day reception on Jan. 7 in Seoul, Myanmar’s Ambassador Thura Thet Oo Maung said the Korean […]

Filed Under: Latest News Tagged With: Asean Business and Investment Summit, ASEAN-ROK Commemorative Summit, British colonialism, Burmese economy, Economic Development Cooperation Fund, industrial zones, Myanmar-Korea Friendship Bridge, New Southern Policy, South Korea, Southeast Asian nations

Minister calls for earthquake readiness

June 6, 2018 by Thiha

Due to frequent earthquakes in 2018, the issue has become a challenge for Myanmar, said U Win Myat Aye, Union minister for Social Welfare, Relief and Resettlement. “Earthquakes have become a challenge that must be seriously addressed in Myanmar,” he said on Thursday. Myanmar was hit by 31 earthquakes in January, 13 in February, 11 […]

Filed Under: Latest News Tagged With: awareness talks and rehearsals, deaths, Earthquakes, magnitude, Myanmar, national natural disaster management committee chair, property damage, risk, Social Welfare- Relief and Resettlement, Southeast Asian nations, Tarlay quake, Thabeikyin quake, U Henry Van Thio, U Win Myat Aye, Union Minister, Vice-President

Thonburi Healthcare Group to Tap Myanmar for Growth

February 3, 2018 by thiha

Thonburi Healthcare Group Plc, the top-performing health stock this year, expects to open a hospital in Yangon by June to bolster the company’s earnings outlook. The $75-million, 200-bed facility is part of an 8-billion-baht investment plan through 2020 to expand services in Thailand and other Southeast Asian nations, Thonburi Healthcare chairman Boon Vanasin said in […]

Filed Under: Latest News Tagged With: Cambodia, Dr Boon, KTB Securities Co in Bangkok, Laos, Myanmar, SET Health Care Services Index, Southeast Asian nations, Thailand, Thonburi Healthcare Chairman Boon Vanasin, Thonburi Healthcare Group Plc, Vietnam

DaChan to enter Burmese market with joint venture

October 3, 2017 by Thiha

DaChan Great Wall Group (大成集團), a Taiwanese agriculture and food conglomerate, yesterday said it will tap into the Burmese market through a US$30 million joint venture in a bid to further cement its position in Southeast Asia. The group is to build feed mills and poultry plants in Myanmar by teaming up with the Myint […]

Filed Under: Latest News Tagged With: Burmese market, DaChan Food Asia Ltd, DaChan Great Wall chairman Charles Han, DaChan Great Wall Group, Japan-based Showa Sangyo Co Ltd, Japanese firm, joint venture, Myint Investment Group, Shanghai, Southeast Asia, Southeast Asian nations, Taiwan Stock Exchange, Taiwanese agriculture and food conglomerate, The Japanese Company, Tianjin, Tokyo, Vietnamese business

Myanmar Economy Needs ‘Predictable Policy,’ New Reform Leader Urges

August 22, 2017 by thiha

NAYPYITAW — “Winston” Set Aung, Myanmar’s newly-appointed deputy minister for national planning and finance, has urged fellow government leaders to pursue further regulatory and policy reforms for the economic development of Myanmar during a panel session at the Myanmar Democratic Transition Forum. “It is required to establish predictable and stable policy with clear and simple […]

Filed Under: Latest News Tagged With: Deputy Governor of the Central Bank of Myanmar, International Monetary Fund, Myanmar Democratic Transition Forum, Myo Myint, National League for Democracy, Naypyitaw, NLD, President Thein Sein, Southeast Asian nations, State Counselor Aung San Suu Kyi, the Thilawa SEZ, Thilawa Special Economic Zone, Winston Set Aung, Yangon

Soccer Diplomacy in Singapore’s ‘Little Burma’

April 6, 2017 by thiha

SINGAPORE — A goal kick away from the Toa Payoh Stadium are reminders of the once-close ties between Myanmar and this Singapore neighborhood, home to the Burmese Buddhist Temple and streets named for the towns and rivers of the Golden Land. The arena hosts Balestier Khalsa Football Club, of Singapore’s professional soccer league, and sits […]

Filed Under: Latest News Tagged With: AFF Suzuki Cup, Aung Kyaw Naing, Balestier Khalsa Football Club, Burmese Buddhist Temple, China, Europe, Indonesia, Kyaw Zayar Win, Kyrgyzstan, Macau, Malaysia, Nanda Lin Kyaw Chit, singapore, Southeast Asian nations, Thailand, Vietnam, World Bank

Myanmar opens Thilawa SEZ to foreign insurers

March 31, 2017 by Thiha

Myanmar is opening up its Thilawa special economic zone near Yangon to international insurance companies — part of a market liberalization effort expected to gain momentum this year. The government does not allow foreign insurers to offer their services outside of Thilawa — a Myanmar-Japanese joint venture and the country’s only operational SEZ. Only three […]

Filed Under: Latest News Tagged With: Dawei, foreign insurer, japanese, Kyaukphyu, market, Mitsui Sumitomo Insurance, Myanmar, Nay Pyi Taw, President Thein Sein, rakhine, Sompo Japan Nipponkoa, Southeast Asian nations, State Counselor Aung San Suu Kyi, Tanintharyi, Thant Zin, Thilawa SEZ, Tokio Marine & Nichido Fire Insurance, Yangon

Hydropower threatens peace in Myanmar — but it doesn’t have to

March 28, 2017 by Thiha

Myanmar faces a critical moment for investment decision-making. The Barack Obama administration’s move to lift sanctions on the Southeast Asian country has opened up new opportunities. But the moves that are made today will send political and economic ripples into the future, and the international community must act responsibly. China wants to finance a 3,600-megawatt […]

Filed Under: Latest News Tagged With: bank, Barack Obama, Berkeley, Burma, California, China, Chulalongkorn University, country, electricity, Green Development, hydropower, infrastructure, investor, IPP, Kachin, Kensuke Yamaguchi, megaproject, Mong Ton, Myanmar, Myitsone, NSF, Shan, Southeast Asian, Southeast Asian nations, stakeholder

Paw San Rice: Myanmar’s ticket back to the international stage?

March 13, 2017 by Thiha

It all started with a plate of fried rice. It was a simple, perfectly balanced dish: a handful of plump prawns, some shallots and diced vegetables. All resting atop a mound of fragrant (and locally grown), long-grained Paw San rice, with each grain distinct and curling at the ends like a baroque version of Basmati. […]

Filed Under: Latest News Tagged With: Arborio, Ayerarwady, British, businessmen, Chettiar, exporter, Farmers, General Ne Win, Indian, industry, infrastructure, market, Myanmar’s ticket, Pathein, Paw San rice, shallots, South India, Southeast Asian nations, U Ko Aye, vegetables

Myanmar Opens Talks with Thailand on Reciprocal Banking Access

December 5, 2016 by thiha

BANGKOK — The central banks of Thailand and Myanmar agreed Sunday to start talks on granting access to designated banks in each other’s markets, marking a small step forward in the financial integration of the Association of Southeast Asian Nations. For Thailand, Myanmar is the third country to enter bilateral discussions on bank access, following […]

Filed Under: Latest News Tagged With: ASEAN Banking Integration Framework, ASEAN economic community, ASEAN Payment Network, Bangkok, Bangkok Bankwas, Bank of Thailand Gov. Veerathai Santiprabhob, Kanbawza Bank, Kasikornbank, Myanmar, Predee Daochai, Southeast Asian nations, The Central Banks of Thailand, Veerathai