The Myanmar processed food industry needs more investment support in order to develop further, U Aye Win, chair of the Myanmar Food Processors and Exporters Association, told The Myanmar Times. Currently, Myanmar processes basic raw commodities such as rice, beans, maize and other agricultural products. Excess products are exported. However, the country also imports value-added processed […]
Read MoreThailand’s cabinet agreed on Tuesday to establish a Temporary Myanmar Labour Data Collection Centre in Samut Prakan for the convenience of migrant workers seeking to renew their passports in order to continue working in Thailand. The idea for the centre, which will renew the passports of two categories of Myanmar workers, was proposed by the […]
Read MoreIn 2018, mobile financial services provider Wave Money moved more than K2 trillion (US$1.3 billion in remittance volume, equivalent to nearly 2 percent of Myanmar’s GDP, the company said in a statement last week. Wave Money operates the largest financial services network in Myanmar, with an agent network that is over 16 times larger than […]
Read MoreThe second Emerging Asia E- commerce Summit 2019 held in Yangon last week represents a growing harmony between the government and e-commerce businesses and that is positive for the development of the industry, said U Min Min, Deputy Director General of the Department of Trade. Currently, e-commerce in Myanmar falls broadly into two categories – […]
Read MoreNAY PYI TAW (Xinhua) – Myanmar’s Union Parliament yesterday approved an agreement on investment between the Association of Southeast Asian Nations (Asean) and China’s Hong Kong Special Administrative Region (SAR). The Asean-Hong Kong investment agreement is aimed at easing some restrictions on the investment, investment protection, acceleration of investment and promotion of investment, Myanmar Deputy Minister […]
Read MoreProspects in the Myanmar oil and gas sector are expected to improve this year, with the government planning to hold its first international exploration and production tender since 2015 next month. On February 22, the Ministry of Electricity and Energy (MOEE) announced that it will be holding international tenders for 18 onshore and 15 offshore […]
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