Most exports in Myanmar are currently raw materials but the government is keen to change that. In order to scale up value-added work within the country and move away from exporting raw materials, the ministry will allow foreign investor to take part in joint ventures in the relevant sector, U Khin Maung Lwin, assistant secretary […]
Read MoreHIGH POTENTIAL of Myanmar’s Tanintharyi Region could be unlocked only if the government attempts to strengthen bilateral cooperation with the neighbouring Kanchanaburi Province, according to Ye Htut Naing, president of Tanintharyi Region Chamber of Commerce and Industry (TCCI). “Myanmar and Thai businesses have planned to implement the ‘sister cities’ initiative between Dawei and Kanchanaburi. Now […]
Read MoreGold and gold jewelry and accessories have been legally cleared for import and export, the Ministry of Commerce (MOC) said Monday. Traders will now be able to sell gold, which is mined as a natural resource in Myanmar, to buyers overseas. The move is the first step in a government effort to establish a legal […]
Read MoreComplaints about Uber in Yangon are mounting even as officials of the company insist that it continues to improve its ride-hailing service for both drivers and passengers. US-based Uber first began operating in Yangon last May, joining local taxi operators Oway Ride and Hello Cabs. Months later, Singapore-based Grab, also launched its ride-hailing service in […]
Read MoreThe Dawei Special Economic Zone (SEZ) will be developed in full to accelerate its completion after a five-year delay. The original plan was to develop the first phase of the SEZ, a spokesperson of the SEZ management committee said. A public forum was held in Dawei SEZ area for the purposes of sharing information and […]
Read MoreForeign loans are mounting under the current National League for Democracy government, but care has been taken to accept only loans with low interest rates, said U Khin Cho, a member of the Parliament’s Public Accounts Committee. “There is a policy under the present government that it will reduce foreign borrowings as much as possible […]
Read More
Thailand
