Myanmar warns Emirates over breach of no-fly zone

Myanmar’s civil aviation authorities have warned that they may take action against the airline Emirates over the entrance of one of its planes into the no-fly zone above Yangon. The no-fly policy applies to much of the city’s airspace below an altitude of 24,000 feet. The Department of Civil Aviation (DCA) in Myanmar sent the warning ...

Business

AirAsia talks on new Myanmar airline ‘have stopped’

AirAsia talks on new Myanmar airline ‘have stopped’

Less than two months after announcing plans to launch a new budget airline for Myanmar, AisAsia CEO Tony Fernandes now says that talks with a potential partner for the project...

Myanmar’s first Starbucks to open in Yangon’s Sule Square

Myanmar’s first Starbucks to open in Yangon’s Sule Square

People of Yangon, get ready for some reliably average coffee. Starbucks is coming to town. The American coffee franchise’s first outlet in Myanmar is set to open in downtown...

Evidence of automation raises additional questions in Twitter ‘bot’ surge

Evidence of automation raises additional questions in Twitter ‘bot’ surge

After a week of intense scrutiny and speculation about the origins of faceless Twitter accounts that recently began following journalists in Southeast Asia by the hundreds, the...

Burmese-American women suffer widest wage gap among Asian Americans

Burmese-American women suffer widest wage gap among Asian Americans

Burmese-American women suffer the widest wage gap among all Asian American ethnic communities compared to white men, according to statistics highlighted by several civil rights...

Angry Myanmar activists grab Zuckerberg’s attention on hate speech

Angry Myanmar activists grab Zuckerberg’s attention on hate speech

A whoop of disbelief erupted in the small office used by anti-hate speech activists in Myanmar when they spotted the name that had dropped into their email inbox: Mark Zuckerberg....

Myanmar improving but still ‘super challenging’ for business: study

Myanmar improving but still ‘super challenging’ for business: study

Family-run firms, a lack of transparency, and murky money networks in the former junta-led country continue to make doing business in Myanmar “super challenging,” a...

Uber exits SE Asia in new retreat from global markets

Uber exits SE Asia in new retreat from global markets

Uber sold its Southeast Asian business to rival Grab on Monday, ending a bruising battle between the ride-hailing behemoths and marking the US firm’s latest retreat from...

AirAsia wants to launch a new airline for Myanmar

AirAsia wants to launch a new airline for Myanmar

Malaysia-based budget behemoth AirAsia is in talks with a potential partner to open a new airline that will serve Myanmar, CEO Tony Fernandes told Reuters yesterday on the...

China accuses Myanmar Times of ‘malicious manipulation’

China accuses Myanmar Times of ‘malicious manipulation’

The Chinese embassy in Yangon has accused the Myanmar Times of publishing “distortions and malicious manipulation” in an article about plans for a special economic zone in...


 

Coconuts Yangon Business

Since Myanmar started opening up to the outside world in 2011, the business environment has changed considerably. Once a closed-off country run by crony businessmen, Myanmar is now an exciting frontier market. In Yangon, you can see new bars and restaurants and more nightlife options popping up every couple of weeks. The US dropped sanctions on Myanmar in September 2016, which could mean more investment in the country, where many big industries are controlled by formerly blacklisted cronies.