Myanmar: New industrial law drawn up ahead of AEC Thursday, 21 July 2016 – An industrial policy to bring Myanmar into the 21st century will be presented to parliament, with the aim of updating the law to equip the country to better compete in the ASEAN Economic Community. Ministry of Industry assistant secretary U Myo […]
Read MoreMyanmar: Switching trades in the rainy season Thursday, 21 July 2016 – Rain or shine, life goes on and so does business, but many firms and their staff are adept at making the transition from wet to dry season and back again. They have to be. Take the velvet shoe business, for instance. Nobody wears […]
Read MoreMyanmar: Suzuki to open Yangon factory in 2018 Wednesday, 20 July 2016 – Suzuki Motor Corporation is planning to expand its operations in Myanmar with a factory in Thilawa special economic zone that will start production in 2018, the company’s managing director said yesterday. The Japanese multinational first started making automobiles and motorcycles in Myanmar […]
Read MoreMyanmar: Myanma Insurance raises rates for third-party vehicle cover Tuesday, 19 July 2016 – Myanma Insurance will raise its premium rate for third-party automobile cover from the start of August, along with its maximum level of compensation, its managing director said yesterday. Every registered car in Myanmar must have third-party insurance, which is the basic […]
Read MoreMyanmar: ASEAN sugar producers form alliance Tuesday, 19 July 2016 – Myanmar has formed an alliance with six other sugar-producing countries in the region, with a view to improving cooperation and boosting trade, in preparation for the ASEAN Economic Community, which aims to create a single market for capital, goods, labour and services. Seven countries […]
Read MoreMyanmar: Gems and food products added to National Export Strategy Thursday, 14 July 2016 – The Ministry of Commerce has added gems and value-added food products to its National Export Strategy in the hope of creating thousands of new jobs. U Aung Soe, director at the ministry’s Trade Promotion Department, said yesterday the ministry would […]
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