Toyota to build factory in Myanmar

Toyota Motor Corp. is planning to build an automobile factory in Myanmar, The Yomiuri Shimbun has learned. An official announcement could come before the end of the month, with construction on the plant to start this year. The plant would be located in the Thilawa Special Economic Zone (see below) on the outskirts of Yangon […]

Experts warn Myanmar’s opposition victory could affect Japanese businesses

In the wake of Myanmar’s ruling party conceding defeat to Aung San Suu Kyi’s opposition forces in the nation’s first free general election in 25 years, Japanese experts say it could have mixed repercussions for Japanese companies investing there. “We lost,” Union Solidarity and Development Party (USDP) leader Htay Oo, a close ally of President […]

Thailand Turns to Mekong Neighbors, Myanmar to Diversify Exports

Thai policy makers searching for ways to reverse a slump in exports may have found a solution close to home — a $170 billion market just over the border that’s growing by more than 6 percent a year. As shipments to China, Europe and the U.S. slow, Thailand’s government is crafting a strategy to deepen […]