Businesses demand quicker reforms, policy clarity in 2018

After a somewhat “disappointing” 2017 for the private sector, during which key economic legislation failed to take shape as expected, leading businessmen and chambers of commerce have urged Nay Pyi Taw to be more decisive and efficient in implementing reform in 2018. Moving forward, the business community wants to see stronger leadership and direction from […]

Deep-sea port needed for delta region to boost logistics

The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as part of EuroCham’s annual White Book. The publication highlighted the need for Myanmar to establish deep-sea ports in order for the country to realise its geographical advantage and become a logistics hub in Asia. Despite […]

What do Local and International Businesses Make of The Belt and Road?

Businesses in Myanmar generally welcome the Belt and Road Initiative’s (BRI) investment boost for the country’s infrastructure development. Some urged Myanmar to be more proactive in navigating its involvement in the scheme. Many emphasised the importance of transparency, public engagement and adhering to international practices. But some have also expressed reservation and scepticism against China’s ambitious […]

Vendor Managed Inventory Scheme to begin in Thilawa SEZ

“Vendor Managed Inventory” (VMI) scheme will begin its operation in Thilawa Special Economic Zone (Thilawa SEZ), allowing alternative method for non-resident foreign companies to distribute their products into Myanmar. Such instruction about the new scheme was issued by Thilawa SEZ Management Committee on 7th October 2016. Warehouse operators in Thilawa SEZ will be required to […]

Japanese company to build logistics centre at Thilawa

Japanese company Daizen Myanmar will soon start construction of a logistics hub in Thilawa Special Economic Zone (SEZ). Thilawa, which is around an hour’s drive to the south of Yangon, is to become Myanmar’s first operational SEZ. The 2,400-hectare zone is jointly owned by Myanmar and Japanese public and private sector investors. Daizen Myanmar has […]