CAMBODIA, Myanmar, and Vietnam are among the Asian countries poised to gain most from shifts in apparel manufacturing, according to a Fitch Solutions July 13 report. As China reduces its apparel manufacturing operations and seeks to move up the value chain, such neighbouring countries have high growth potential in this area, supported by their large […]
Read MoreThe 2020 Union Tax bill plans to raise special item tax levied on cigarettes and liquor up to K27 per pack for cigarettes, 60 percent of the price for liquor and beer, and 50 percent of the price for wines. “We, in line with the country’s health policy, plan to raise special item tax on […]
Read MoreMyanmar is expected to meet its foreign direct investment (FDI) target of US$5.8 billion in the current fiscal year 2019-2020, and over $4.6 billion flowed into the country around the ten months, said U Thant Sin Lwin, director-general of the Directorate of Investment and Company Administration (DICA). “We intend to reach FDI target of US$5.8 […]
Read MoreU Maung Maung Win, Deputy Minister of the Ministry of Planning, Finance, and Industry, forecasted that the country’s GDP growth in the 2020-21 Fiscal Year targeting to reach K125.803 trillion. There are multi-sectoral collaborations going on to stabilize the price, strengthen local currency, and minimize inflation, he said during the Parliament session on July 13. […]
Read MoreYangon’s real estate rental market sees lower rental fees as landlords lower their rental fees due to lower demands. “There are some activities. But rental fees are lower,” an official from Myanmar Real Estate Services Association, told Myanmar Business Today. Transactions in the real estate sector almost stopped during the lockdown. Landlords also reduced the […]
Read MoreThe total trade between Myanmar and foreign countries reached over 28.3 billion U.S. dollars in ten months of present fiscal year (FY) 2019-2020, according to figures released by the Commerce Ministry Xinhua reported. From Oct. 1, 2019 to July 3, Myanmar earned over 13.2 billion U.S. dollars while its import shared over 15 billion U.S. […]
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Thailand
