Both the upper and lower auditorium of the Yangon University Convocation hall were full. All attendances wore smiles of joy and excitement. In a moment a tall, brown skinned man in a crew cut hair style steped on to the stage and was welcomed by a crescendo of applause and a battery of camera flashlights. The scene was at the Yangon University convocation hall in 2012 November when the American President Obama made a historic visit there. There were many reasons why the Myanmar audience heartily welcome the leader of the country that had laid a sanction on them for decades. There ware more prominent reasons than factors such as because he was a leader of a super power and another factor was that Myanmar wanted to reduce the influence of China that had been playing havoc over its national policy.

Economic Platform of NLD for future Myanmar.

Kyauk Phyu Economic Zone faces challenges

THREE BRILLIANT SISTERS FROM THE BUSINESS WORLD

Interview with Mr. Balaji Ramaswami, MD of House.com.mm

And What's up Myanmar?...

Media freedom is a primary requirement for democracy. If the media is threatened or intimidated, then democracy will be in jeopardy. When we shout about transforming to democracy, our words, deeds and acts must be in full compliance with what we are saying. In turn, to become a democratic government, and gain the people’s understanding, the government must not trick, pressure or use violence against the people.

Political parties, big and small, have launched their first-ever major campaign in 25 years, which would be running in cities throughout the months of September and October. There is no doubt the whole world would be watching the unfolding of this political transformation in Myanmar where 30 million eligible voters would be casting their votes in a general election scheduled for November 8.

Myanmar has been hit with two crises of late – one natural, the other manmade. Floods in July and August have left at least 100 people dead and 1 million acres of farmland damaged, and are certain to have a long-term impact on the livelihoods of farmers and those who rely on them.

The Two Dollar Dream of 15 Million People

Impact of New K10,000 Notes

Committing to Global vision of growing responsibly together and more...

"If a leader is good, the country will be good"
Myanmar has been rolling and rocking in the cascade of vicious and various political and economical storms for generations. A person who survived and succeeded for this wild and volatile economic ocean is Mr. Surge Pun (a) U Theim Wai, chairman of  Serge Pun and Associates.  Acumen has chosen his views on the business  prospects and  his experiences in the business world.

Myanmar B2B Management Magazine English Version

One of the top business magazines in Myanmar.  This month issue features with business for peace or business for conflict.

Myanmar B2B Management Magazine English Version.

Myanmar's retail market is moving forward fast in line with the changing consumer culture. Though the number is still low and the pace is slow, grand and comfortable modern super markets are emerging and enticing the populace.

There may be some excitements that the Yangon Stock Exchange (YSE) will be a treasure trove for local investors. There may also be expectation that a high market for active investment will appear in Myanmar's economic sector. But also with those expectations there appear to be much anxiety over the challenges concerning YSE.

‘‘In Myanmar, the scarcity of jobs and lower wages is the main cause of poverty and the kindness and sympathy of the people encourages the beggars. ’’

There have often been accidents and in the rainy season there are more road damages and road blockades. If that alternate two way system could be amended the volume of trade going on this highway could easily jump twice the current volume.

In terms of the Marketing of Myanmar, you know Professor, for the past many years, our image and reputation outside the country, is not what we had expected. So we want to ‘rebrand' Myanmar to use the Marketing terms. What would be your suggestion to rebrand Myanmar, because we want to demonstrate to the world that we are different, and not ‘‘businesses as usual"?

Their mouth-to- mouth dissemination system is most effective way of advertising. If a person likes a product or a service he gives the news to another. By this way from one to one the news spreads. Thus, it takes longer for a product to penetrate the market and it is also difficult to fool the consumer.

In the past few years, CSR has become a popular word among those in Myanmar's economic and investment sector. Local media have highlighted the importance of it.

Along with cultural changes that took place worldwide in the 21st century, the traditional role of women in Myanmar took a revolutionary turn. That is quite a significant change in a country with deep-rooted cultural traditions; nevertheless the prospect of this becoming a sweeping change remains dim.

Building Markets is an international NGO operating in Myanmar since November 2012. Since that time, an immensely large database has been compiled more than 1,000 face to face interview with locally owned businesses in Yangon.

‘‘Impossible is not a word in my dictionary.’’ Meaning any and everything is possible. And it was also his way, when choosing his generals, to give preference to those that are lucky.

Buddhism, the teachings of the Buddha, is known worldwide as a religion of peace. Now Buddhists seem to be heading for the trap set by those who wish to revert to the ways of the previous regime and those extremists working together to create clashes that are superficially of religious and racial nature. That traps led to the misconception of Buddhism as a religion of terror.

This issue of ACUMEN looks at these issues in-depth from many different angles. Our cover story takes a close-up look at the social impact of the two Chinese-funded pipelines originating on the Rakhine coast, which – despite the obvious financial benefits to the government that it will bring about – will do little to benefit the people directly affected by their development. We look at the pernicious problem of land speculation – one of the biggest factors limiting foreign investment from coming to Myanmar – and discuss the state of Myanmar’s anaemic capital markets with financial expert Aung Thura, whose work revolves around demystifying Myanmar’s confusing and contradictory financial environment.

This issue of ACUMEN takes a look at many of these issues, in the form of features on the relationship between conflict and economic growth and the pernicious problem of corruption. We take an in-depth look at the prospects for Myanmar's garment sector, as well as the issue of extractive industry transparency and the ASEAN common market that is set to go into effect - at least in part - in 2015.

“It is now time for Myanmar and the United States to take their relationship to the next level. It is important that our efforts here today begin to yield concrete trade and investment achievements.”

The final version of Myanmar’s long-awaited foreign direct investment law was passed by Parliament on November 2, 2012. How does Myanmar’s business community feel? We ask academics, entrepreneurs and other stakeholders for their thoughts.

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ACUMEN Magazine is published by Hub Myanmar Company Limited, which is also the publisher of Myanmar B2B Management Magazine. The main objectives of this magazine is to be able to connect Myanmar's Businesses to the World and describe about current trends in Myanmar and many interesting related articles.

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ACUMEN Magazine - October 2013

ACUMEN Magazine - October 2013

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