Investors eyeing expansion opportunities in Myanmar might want to consider Ayeyarwady Region, where the government is now prioritising developments in the agriculture, livestock and marine, forestry, industry, infrastructure, transportation and tourism sectors, said regional chief minister U Hla Myo Aung. “Although much of the country’s exports originate in Ayeyarwady, foreign investments in the region are […]
Read MoreAs Myanmar steadily develops after rejoining the global economic community, foreign investors are becoming more and more interested in doing business there, thanks, in part, to the low cost of labour and high potential for growth. Any investor interested in doing so however should be aware of the speed of legal change there, and be careful […]
Read MoreThe early implementation of bilateral border trade cooperation zone and the promotion of border trade, and investment between Myanmar and China were during a meeting earlier this week the Ministry of Commerce has announced. Minister of Commerce U Than Myint met with a Chinese delegation led by Mr Chen Hao, Communist Party Secretary of Yunnan Province on […]
Read MoreLocal prices of commodities like fuel have weakened on the back of the sliding value of the US dollar against the Myanmar kyat following an agreement to temporarily suspend any new tariffs on goods traded between the US and China . The trend is expected to persist for the next few months, business and economic […]
Read MoreThe Myanmar banking sector has improved since regulations aimed at strengthening the system were imposed over the past two years, U Soe Thein, vice governor of the Central Bank of Myanmar (CBM), told the media late last month. “The Financial Institutions Law was enacted in 2016 and new rules were released again in 2017. At […]
Read MoreThe Central Bank of Myanmar (CBM) said foreign banks are free to set their own interest rate as long as those loans are in foreign currencies. Foreign banks with branches in the country are now allowed to do wholesale banking services and other financial services, according to the latest Directive issued by the CBM last […]
Read More
Thailand
