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Myanmar Rising: Opportunities in Asia’s Final Production Frontier

Smooth government transition in April 2016 affirms a continuation of Myanmar’s reform policy, boding well for its manufacturing sector. With soaring wages and difficulty in recruiting workers, many manufacturers in China’s Pearl River Delta region (PRD) are exploring ways to minimize their production cost, including relocation or diversification of their labor-intensive production activities to areas where labor cost is lower, while retaining complicated, high-value production processes in their PRD factories. In searching ... [+]

Kerry Logistics To Operate Myanmar Inland Ports

Kerry Logistics Network Limited announced that its subsidiary, KLN (Singapore) Pte Ltd, has been awarded concession to operate inland ports in Yangon and Mandalay -- two major commercial cities in Myanmar. In a bid to seize new opportunities for cross-border trade upon entering the ASEAN Economic Community, the government of Myanmar ... [+]

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