Despite the decline in import flow from Thailand at the Myawaddy border trade camp, the return of Myanmar workers from Thailand last month has no significant impact on bilateral trade, assistant secretary of the Ministry of Commerce (MOC) U Khin Maung Lwin told The Myanmar Times. Myanmar migrant workers without documents have been returning to their […]
Read MoreAn inadequate legal framework, poor implementation process, absence of accountabilities and the lack of transparency lead to violations of human rights and environmental disruption in Myanmar’s Special Economic Zones, speakers at the Myanmar Special Economic Zones Forum highlighted. The event was held in Dawei township, Tanintharyi Region on July 11. Special Economic Zones (SEZ) have […]
Read MoreMyanmar must renegotiate the terms to its existing loans from China, as these loans have saddled the country with the burden of repaying the loans at high interest rates, economists say. Of the US$600 million in foreign debt repayments due from Myanmar this year, interest payments, mostly to China, make up about a third, data […]
Read MoreTrade volumes amounting to US$29 billion have been targeted for 2017-18, with US$14 billion from exports, and US$15 billion from imports, said U Khin Maung Lwin, assistant secretary from the Ministry of Commerce. Acknowledging that imports are expected to exceed exports for the year, U Khin Maung Lwin said more focus will be placed on […]
Read MoreBus manufacturer SC Auto announced yesterday it is setting up a $30 million facility in Yangon, Myanmar, with support from International Enterprise (IE) Singapore, as it seeks further growth for its business. The 16,000 sq m facility, slated to begin production in the fourth quarter of next year, will enable SC Auto to increase its […]
Read MoreSINGAPORE’S resident unemployment rates for most age and education groups were higher in the first quarter of this year compared to a year ago, according to figures released by the Ministry of Manpower (MOM) on Tuesday. The increase in resident unemployment rates was more pronounced among residents aged below 30 (from 3.8 per cent to […]
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