The government will defer land lease payments for six months for a total of 47 state-owned and private hotels in Myanmar to ease the pressure wrought by COVID-19, the Ministry of Hotels and Tourism announced on April 21. The next land lease payment is due September 30. Hotels which are no longer in operation are […]
Read MoreThe government will reduce trade restrictions and red tape to facilitate the import and export process during the COVID-19 outbreak. Starting April 20, the customs department will reduce customs duties for businesses operating with the Myanmar Automated Cargo Clearance System (MACCS). Paperwork will also be streamlined, with an electronic version of Form D for preferential […]
Read MoreFor those of you who are either looking to make a leap in your career or just looking for a suitable occupation, JobNet.com.mm has rounded up the ten companies to which you should send your applications. Based on employment data mined by the jobs portal, there are still opportunities in the pharmaceutical, telecommunications, banking, Fast […]
Read MoreThe World Bank has fast-tracked the approval of US$50 million in loan financing for the Myanmar COVID-19 Emergency Response Project, fast-tracked by its facility as part of global emergency support operations. The funds will be prioritised for the upgrading of Intensive Care Units (ICU) at selected hospitals including all eight central level hospitals and 43 […]
Read MoreThe Ministry of Transportation and Communications (MOTC) is planning to build new port terminals with financial assistance from the Japanese Government, minister U Thant Sin Maung said. Myanmar has nine ports located in Yangon Region, Ayeyarwaddy Region, Mon State, Tanintharyi Region, and Rakhine State along the coast of the country. The Port of Yangon is […]
Read MoreMyanmar is among just 10 percent of the globe projected by the International Monetary Fund to post economic growth this year. The rest of the world is expected to slip into recession. The forecast comes despite the spread of COVID-19 in Myanmar, which has already resulted in the closing of its borders, worsening conflict in […]
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