The Ministry of Electricity and Energy announced that it will provide free 150 units of electricity from August 1 to December 31. The ministry said that it is to encourage people who are facing difficulties both economically and morally. The country’s 2020 election is set to hold in November. People will get free electricity of […]
Read MoreThe annual rate of inflation in Myanmar, based on the Consumer Price Index, stood at 7.91 per cent in June 2020, according to a report released by the Central Statistical Organization under the Ministry of Planning, Finance and Industry. The figure has remained above 8 per cent since June 2019. The inflation rate stood at […]
Read MoreYangon night market on Strand Road closed during the COVID-19 pandemic, and it now reopens as usual. “Small non-food shops have opened since June, with one or two remaining closed. Bars opened until 10:30 pm in mid-July. Now, there are 30 non-food shops, 97 food shops, 5 container restaurants and 8 container bars. And we […]
Read MoreThe Yangon Region Investment Committee (YRIC) virtual meeting on 12 August has approved two foreign projects from China, and Samoa and one domestic project. Those projects will bring in US$6.964 million and K2.17 billion, creating 1,073 jobs. They will invest in manufacturing of foam mattress, camera bags and garments on a Cutting, Making, and Packing […]
Read MoreMyanmar’s coffee beans exports are dropping as against last year, and Myanmar Coffee Association is expecting a recover of market in the coming months, said an official of the association. The impacts of coronavirus hurt coffee industry as the lockdown and physical distancing caused a reduction in consumption. The COVID-19 crisis changed the dynamics of […]
Read MoreMyanmar Investment Commission has approved a $230.60 million worth Hlegu Industrial Park project, to be invested by Singapore based Sembcorp CSSD Myanmar Co., Ltd, as well as $180 million worth AEON Large Scale Shopping Mall, which will create over 2,300 jobs. In addition to that, the investment body also approved seven new investments in industry, […]
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Thailand
