Thailand and Myanmar are expected by the end of this month to sign a memorandum of understanding for the Initial Implementation of a Cross-border Transport Agreement (IICBTA) to facilitate crucial improvements in logistics within the Greater Mekong Subregion (GMS). Within four months after the signing, 100 trucks each side would be allowed to cross the […]
Read MoreMANILA, Philippines — Basic Energy Corp. (BEC) has firmed up its entry into renewables with equity investments in the engineering, procurement, and construction (EPC) contractors for the 220-megawatt (MW) Myanmar solar power project. In a disclosure to the Philippine Stock Exchange, BEC said its board confirmed the company’s 15 percent stake in Vintage EPC Co. […]
Read MoreMytel Company, Myanmar’s fourth operator announced on Thursday that they started selling SIM cards in Nay Pyi Taw, eastern Bago and Kayin State on March 15. “A key point of our launch plan has always been a focus on more rural areas, and the provinces away from large cities like Yangon and Mandalay. We are […]
Read MoreThe Ministry of Transport and Communications, with help from the Japan International Cooperation Agency (JICA), is drawing up a National Logistics Master Plan to supplement the existing National Transport Master Plan in Myanmar. Mr Masayuki Karasawa, chief representative of JICA’s Myanmar Office, presented the National Logistics Master Plan, which is expected to be launched within […]
Read MoreAn electronic registration system is being set up by the Directorate of Investment and Company Administration. The digital system, called Myanmar Companies Online, will be part of the reforms entailed by the new Companies Law, which was enacted last year but will be implemented on August 1. In an announcement, DICA said that the new system […]
Read MoreThe San Francisco-headquartered Asia Foundation has launched the Myanmar tax attitudes paper this month. The publication reveals that a clear majority thought taxes were fair while urban citizens surveyed were more positive about tax than those in more rural areas. In 2017, The Asia Foundation and the Yangon School of Political Science conducted the City Life […]
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