Representatives of the Myanmar government, employers, workers, civil society and international partners on Wednesday gathered for the third time since 2015 in a forum to discuss the progress and challenges faced in an ongoing effort to implement labour market reforms. Taking place in Nay Pyi Taw, the forum was held as part of the ‘Initiative […]
Read MoreThe economy of Myanmar is set to continue gaining momentum in the near and medium term while the slow pace of economic reforms has led to a drop of investor confidence, according to the Oxford Business Group. This growth is anticipated to take place despite concerns over the slow pace of economic reforms and the Rakhine […]
Read MoreThe Myanmar kyat appreciated to its strongest level against the US dollar in a year after the Central Bank of Myanmar (CBM) set its daily reference rate at K1,345 per dollar on Tuesday. The kyat had weakened to K1,360 against the dollar last year. It opened this year at K1,361. The kyat hit a record […]
Read MoreThe government will work together with local jewelers to raise interest and create a market for processed Myanmar gemstones and jewelry made locally, U Phyo Min Thein, Chief Minister of the Yangon Region Government, said during the opening ceremony of the Yangon International Gems and Jewelry Fair. The inaugural fair, which was held between January […]
Read MoreState Counsellor and Union Minister for Foreign Affairs of the Republic of the Union of Myanmar Daw Aung San Suu Kyi and visiting Prime Minister of the Lao People’s Democratic Republic Thongloun Sisoulith attended a bilateral meeting between the two countries at the Presidential Palace in Nay Pyi Taw yesterday, state media reported on 16 […]
Read MoreVIENTIANE, Jan. 16 (Xinhua) — Laos and Myanmar are mulling an electricity agreement to empower Laos’ development needs, local daily Vientiane Times quoted a senior Lao official as saying on Tuesday. Office Head of the Lao Ministry of Energy and Mines, Daovong Phonekeo, told Vientiane Times that the two sides will sign a Memorandum of […]
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