Perhaps because Myanmar is a relatively recent convert to free trade it is keen to show its commitment to it. The more Donald Trump talks about making America great through slapping tariffs on China, the more we want to appear internationally-minded and progressive. But if we want to make the most from free trade, we […]
Closing the global and national digital divide
April 20, 2018 by
In the last couple of decades, the “digital divide” was narrowly defined by people’s access to the internet. Myanmar, of course, had very poor internet connections as recently as six years ago. In 2012, this country’s internet penetration was a mere eight percent of the population. In 2018, with four mobile phone operators in a […]
Why Myanmar is important to Japan
September 4, 2017 by
From the Thilawa Special Economic Zone (SEZ) to a large-scale mixed development project just opposite Shwedagon Pagoda in the heart of Yangon City, Japan’s presence in Myanmar is growing fast. Since 2012, its combined investments in Thilawa and that approved by the Myanmar Investment Commission (MIC) have risen by 6.3 times, to US$341 million in […]
Deep-sea port needed for delta region to boost logistics
July 31, 2017 by
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 […]
WTO slams inefficient state-run firms
January 27, 2015 by
The losses of state-owned businesses amount to 5 per cent of the country’s gross domestic product as they spend 75 per cent of the government’s budget, according to the World Trade Organisation (WTO). The WTO held a workshop on its first trade policy review in Kandawgyi Palace Hotel in Yangon on January 23. It is […]
Draft of amalgamated investment law nearing completion, says DICA
October 1, 2014 by
Draft legislation amalgamating Myanmar’s two investment laws is expected to be completed in November, Directorate of Investment and Company Administration director general U Aung Naing Oo has told Mizzima. U Aung Naing Oo said the legislation will merge the Foreign Investment Law enacted in November 2012 and the July 2013 Myanmar Citizens Investment Law. They […]
