Several activities to promote Burmese tourism, food and hospitality sectors have also played a role in gaining interest from over 200 industry players worldwide. UBM Myanmar expects more than 7,500 visitors to attend this year’s exhibition. The fifth edition of Food and Hotel Myanmar 2018 present more than 200 leading suppliers and manufacturers from 20 countries will showcase their latest…
The latest step in the liberalisation of Myanmar’s financial services sector has seen the Ministry of Planning and Finance (MoPF) give five foreign insurance providers the provisional right to launch wholly owned life insurance businesses in the country. On April 5, 2019 the ministry identified Prudential Hong Kong, a subsidiary of the UK’s Prudential; the US’ Chubb Tempest Re; Canada’s…
The 1st Myanmar's Private and International Education Fair will showcase more than 100 of preschools, international schools, colleges, universities and institutions, an education platform enable parents and students itself to find the right school for further education. It will be the first major international event for the education expo in the country. MPIEF 2019 featuring both local…
Myanmar has continued to roll out new transport projects as part of its major infrastructure drive, with upgraded road and rail networks set to unlock economic development and provide opportunities for private investment. On March 19 State Counsellor Daw Aung San Suu Kyi and Thailand’s Prime Minister Prayut-Chan-o-cha officially opened the second Thai-Myanmar Friendship Bridge, two decades after…
On the advantages of listing in Singapore As regional exchanges become more mature, which factors make SGX a standout proposition for Asian companies seeking to list? LOHBOON CHYE: First, Singapore is an international business hub; it is well connected, is a signatory to many free trade agreements and boasts an integrated infrastructure for businesses. Singapore also offers a broad…
In an era marked by rapid technological innovation and turbulence in the global trade environment, China’s ascendance to superpower status is having a profound impact on emerging markets the world over, and nowhere more so than in South-east Asia. Over recent years China has successfully established itself as the largest trade partner for ASEAN and is increasingly being relied upon by governments…
OBG Business Barometer: ASEAN CEO Survey Copyright (c). All rights reserved. This survey has been designed to assess business sentiment amongst business leaders (Chief Executives or equivalent) and their outlook for the next 12 months. Unlike many surveys, the OBG Business Barometer is conducted by OBG staff on a face-to-face basis, across the full range of industries, company sizes and functional…
Interview:Parag Khanna How will the geopolitical rise of larger economies such as China and India shape the development of smaller Asian economies? PARAG KHANNA: India’s economy is only one-fifth the size of China’s, but it is primed to experience at least one or two decades of rapid and continuous growth. However, the Association of South-East Asian Nations has a larger GDP than India,…
As part of ongoing efforts to liberalise the financial services industry and increase credit to the private sector, the Central Bank of Myanmar (CBM) has introduced regulations to facilitate foreign investment in domestic lenders. On January 29 the CBM issued Regulation No 1/2019, allowing foreign banks and financial institutions to hold equity of up to 35% in local banks. To obtain approval from…
FAIRMONT DUBAI PO Box 97555 Sheikh Zayed Road Dubai, UAE T: (971) 04 332 5555 F: (971) 04 332 4555 www.fairmont.com/dubai dubai@fairmont.com Rooms: 394 guest rooms and suites featuring views of the Dubai skyline. Spaces range from 41-sq-metre Fairmont rooms to the three-bedroom, 548-sq-metre Imperial suite. Cribs and rollaway beds available. Business & Conference Facilities: The 33rd…
