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World Bank pledges to support economic reform in Myanmar

The World Bank will support Myanmar under a new country partnership framework from 2020 to 2023, it said on May 18. The framework will focus on three areas – building human capital and fostering peaceful communities, stimulating responsible private sector-led growth and inclusive economic opportunities, and enhancing the resilience of Myanmar to cope with natural […]

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COVID-19 stalls Myanmar product-label law enforcement

Authorities are struggling to enforce the use of Myanmar language on the labels of all products on the local market due to the COVID-19 pandemic, a senior Consumer Affairs official said. U Zayar Swe, deputy director of the Consumer Affairs Department, said his agency has yet to conduct any inspections of manufactures for compliance with the […]

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Over 800 Myanmar companies struck off register

The Myanmar government has signalled its intention to tighten up corporate discipline by removing more than 800 companies from the official register for failing to submit their annual returns on time. The Directorate of Investment and Company Administration (DICA) said on May 9 it had removed 810 companies from the register for not filing their annual […]

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