Myanmar: Exports for first quarter up $260m year-on-year Monday, 01 August 2016 – International trade in the first quarter of the financial year was up over US$350 million compared to the same period in 2015, with export growth driving most of the increase, according to Ministry of Commerce statistics. Exports over the first quarter – […]
Read MoreMyanmar: Government reveals 12-point economic policy Friday, 29 July 2016 – The government has presented its long-awaited economic policy on July 29, highlighting the importance of developing a market-oriented system “in all sectors” and establish an economic framework in support of national reconciliation. Stakeholders looking for a detailed timeline or structured plan were left disappointed. […]
Read MoreMyanmar: Insecticide credit system hurts farmers Friday, 29 July 2016 – Insecticide prices in Myanmar are much higher than they should be, because sellers are using a credit system, an official has said, with some farmers paying three or four times the market price to keep pests away from their crops. U Aung Kyaw Oo, […]
Read MoreMyanmar: Tour guides call for fair tax policy Friday, 29 July 2016 – Tour guides are grappling with a tax system they say charges them different rates in different parts of the country, and expects them to pay throughout the year for work that only lasts six months. Rates vary from township to township even within […]
Read MoreMyanmar: Emirates faces challenges to Myanmar collaboration Thursday, 28 July 2016 – Emirates airlines is eager to work with local carriers and travel agents when it starts Myanmar operations in August. There are regulatory and technical hurdles to commercial cooperation, but also signs some barriers will be broken down. The gulf carrier is scheduled to […]
Read MoreMyanmar: Govt drafts labour law for foreign workers Wednesday, 27 July 2016 – The government is drafting a foreign labour law to govern the growing number of international workers seeking opportunity in Myanmar, parliament heard yesterday. U Thein Swe, the minister of labour, immigration and population, said the law will include rules for foreign workers […]
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