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Myanmar: More economic zones needed to boost manufacturing: MIDA

Businesses and economists suggested that economic growth would depend on a growing manfacutring sector, liberalisation and revising the governing framework of different sectors. Deputy minister for the Ministry of Commerce, U Aung Htoo, said that the ministry would boost export and simplify procedures for trade and exports. The comments were made to follow up the […]

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Au Bon Pain heads for CLMV

Mudman Plc, an authorised franchisee of Au Bon Pain bakery chain in Thailand, has obtained the rights to expand the bakery into Cambodia, Laos, Myanmar and Vietnam (CLMV). The move is to capture increasing demand for lifestyle products, particularly food, among the CLMV market’s growing middle class. An improved economic situation in these countries has […]

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MOU will help Singapore firms looking to Myanmar

Singapore firms will find it easier to team up with partners in fast-emerging Myanmar to explore business openings there under a new bilateral agreement. Trade agency IE Singapore signed the memorandum of understanding with the Myanmar Investment Commission (MIC) yesterday. The MOU will open doors for more Singapore firms to explore collaborations in urban and […]

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Myanmar: Decentralise and let regions and private sector develop infrastructure: WEF takeaways

World Economic Forum on ASEAN 2017 Key lessons from the World Economic Forum on ASEAN include tapping in the private sector when making infrastructure policies and decentralisation. The regional governments and private sector should be able to carry out small-scale infrastructure projects related to regional trade. The Myanmar Times asked Khin Maung Win about the […]

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Singapore, Myanmar to explore more tie-ups for firms in areas like urban solutions, transport & logistics

SINGAPORE – International Enterprise (IE) Singapore signed a memorandum of understanding (MOU) with the Myanmar Investment Commission (MIC) on Thursday (June 8) that will open doors for more Singapore companies to explore collaboration in urban and housing solutions, utilities, transport and logistics, manufacturing, oil and gas and professional services. The MOU was signed by IE […]

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