Shop.com.mm, the online shopping operations in Myanmar owned by China’s Alibaba Group, is growing rapidly, company officials said. Frans Maas, managing director of Shop.com.mm, told The Myanmar Times the site is expanding at a rate of 10 times year-on-year. Shop.com.mm, an online shopping platform in Myanmar, provides online shopping across a variety of products to […]
Next bidding round for Oil & Gas blocks expected in January, retired official Says
Myanmar is expected to call the next bidding round in January 2020 after passing the draft oil and gas law, said a retired senior official. Having planned to start the process in the first half of 2019, the government has delayed the international bidding round in order to get the new bill in place. “We […]
Myanmar’s Energy Prospects, Emergency Tenders and Renewables
Katie Patterson of Myanmar Energy Monitor talks to The Myanmar Times about the impact of Myanmar’s electricity tariff hikes, next year’s blackout risks, the potential of renewables and the sector’s investment prospects The Myanmar government has put in place the National Electrification Plan to achieve 100 percent electrification by 2030, but implementation is behind schedule, […]
Print is not dead
Paul Lim, general manager of MCM Printing, talks about how his industry is being disrupted and how the company is fighting back. Printing has been among the industries most disrupted by digital technologies in recent years. Not only are consumers bypassing physical printed products such as newspapers and magazines in favour of electronic content, businesses […]
Myotha Project Draws Investments of K150B, Developer Eyes IPO
With the Mandalay Myotha Industrial Project having attracted local and foreign investments totaling K150.5 billion so far, officials are now eyeing a public listing in the near future, said U Aung Win Khaing, chair of the project’s developer, Mandalay Myotha Industrial Development Public Co Ltd (MMID). “We are aiming for an Initial Public Offering in […]
Experts Divided Over Ramifications of Belt and Road Courts on Myanmar
“This is bad news for Myanmar. It will undermine Myanmar’s sovereignty and empower multinational corporations,” said Dr Charlie Thame from Thammasat University. CRITICS questioned Beijing’s decision to set up three commercial courts in China to resolve Belt and Road-related project disputes, arguing that legal disagreements involving transnational investors should be settled in host states or […]
Davos 2018: China’s economic shift and implications for Myanmar
Myanmar will capture Chinese investment as Beijing prioritises poverty alleviation and development in Yunnan AS the fight against poverty takes centre stage in Beijing’s economic policy, Yunnan and Myanmar will remain a priority for Chinese investment, while China’s fast-growing middle-income population, especially those in the southwest, presents a crucial market for Myanmar’s growth-oriented businesses as well […]
MBA focus: China Dominates The Rise of Asian Business Schools
Are you thinking of taking an MBA programme? Since the FT’s complete Global MBA ranking 2018 was published this week, The Myanmar Times compiled the relevant analysis for our readers. Stanford snatched the top spot while Insead claimed second place, followed by University of Pennsylvania, Wharton and London Business School. The top 10 schools are listed below: 1 […]