YANGON – After partnering with KDDI and Sumitomo, Myanmar’s state-backed MPT in early September launched the first batch of 5 million $1.50 3G mobile SIM cards that it plans to sell this year. The release of the cards created minor havoc in Yangon’s downtown shopping district and elsewhere, drawing long queues.
YANGON – There was some feigned surprise when the election commission announced last weekend that Myanmar will not, after all, hold by-elections for 35 vacant parliamentary seats. The main opposition party, the National League for Democracy (NLD), said it was happy with annoucement. Commission head Tin Aye met with NLD leader Aung San Suu Kyi on September 6, the day before the commission’s announcement.
YANGON – A little over six years ago, after holding a rigged referendum to adopt a disputed constitution, Myanmar’s junta announced, with almost comic certainty, that “the population of the country is 57,504,368,” despite not having held a census since 1983. Six years on, Myanmar’s nominally-civilian government can claim a better grasp on how many people actually live in the country.
YANGON – It was hot Tuesday evening just before the start of the Myanmar’s rainy season, and Ni Ni Shein sat in her car, the engine running, next to Junction Mawtin, a shopping mall just a few minutes’ walk from the city’s Chinatown.
THILAWA, Myanmar — The Thilawa Special Economic Zone might be just a 45-minute drive from downtown Yangon, Myanmar’s biggest city and commercial hub, but the Japanese presence is unmissable. Outside the site offices — an island of prefabricated shelters surrounded by acres of upturned earth — a row of six flags dries in the breeze after a short downpour. The yellow, green and red of Myanmar alternates with Japan’s unmistakable red sun on a white background.
YANGON – Gambling is illegal in Myanmar, but that doesn’t stop millions of Burmese from playing the odds. Number-based games are popular, such as placing wagers on the daily ups and downs of the Stock Exchange of Thailand – but most of the money seems to go on football betting.
RANGOON — Aung San Suu Kyi’s constitutional reform roadshow is due to hit Sittwe sometime over the coming weeks, but it is not yet confirmed whether the opposition leader will speak in the troubled Arakan State capital.
YANGON – Ahead of the proposed establishment of the ASEAN Economic Community (AEC) at the end of 2015, many of Myanmar’s businesses are trembling.
“There is a perception among people in Myanmar that local products are low quality,” said Nwe Ni Wai, Executive Director of Yangon-based United Paint Group. She worried aloud that companies in Myanmar might struggle to compete with rivals from more advanced markets in the region, and in turn might struggle to make the most of opportunities in other markets.