At a beer station on Bogyoke Aung San Road, servers traipse from table to table, handing mugs of Myanmar Beer to cheroot-smoking men in longyis. Another beer station in Sanchaung township looks almost exactly the same, but with Dagon Beer decorations and brew dripping from the taps. All over Myanmar, domestic brands such as Myanmar […]
The fight for resources in Myanmar’s deep south
Tanintharyi Region, the southern tip of Myanmar, abounds with natural resources and the problems associated with them. Residents in the isolated region face over-mining by foreign companies, the proposed development of a deep-sea port, an oil refinery and a special economic zone, mechanised farming of rubber and palm oil, an illegal trade in timber, overfishing, […]
Easing of US sanctions on Myanmar to boost trade and investment
THE US Treasury’s tweaking of its Myanmar sanctions this week will boost trade and investment in the Southeast Asian country, and signals support for the mandate of the new civilian government led by Aung San Suu Kyi, writes Eric Yep. Entities close to the former military junta are still under sanction. But at the same […]
Grand Andaman and UMEHL to harvest birds’ nests in Tanintharyi
Grand Andaman Islands Company has become Myanmar’s first private company to hold a licence to work alongside military-owned conglomerate Union of Myanmar Economic Holdings Limited (UMEHL) harvesting birds’ nests on a number of islands in Tanintharyi Region. The company, which also owns a casino resort in the Andaman Sea, won three out of four lots […]
Upgrades planned for Yangon power grid
Poor electricity supply invariably appears prominently in discussions about the challenges facing Myanmar’s economy. Accordingly, international organisations and in some cases foreign investors have pledged large amounts of money and expertise to tackle the problem. However, the discussion is normally framed in the context of expanding power generation capacity rather than the urgent need to […]