The Yangon Region government has announced that it is planning to upgrade the Sel Ein Tan coastal area near Letkhokkon Beach in Kungyangon township to become a tourist destination, the region’s tourism officials say. “Some Yangonites are already going to Sel Ein Tan to escape city life and to to eat sea food. While infrastructure […]
Read MoreThe Ministry of Planning, Finance and Industry has released preliminary forecasts for fiscal 2019-20. The government is expecting the economy to grow by 7 percent between October 1, 2019 and September 30, 2020 compared to loftier forecasts of 7.6pc growth for the economy in the previous fiscal year. This is mainly due to a slowing […]
Read MoreTraders are discussing plans for Myanmar to export one million tonnes of corn seeds to Thailand. An agreement between the two countries is expected before year-end, said U Min Khaing, chair of the Myanmar Corn Industrial Association. “We are in the process of finalising a contract with the Public Warehouse Organisation in Thailand to export […]
Read MoreThe government has instructed souvenir shops to transact with zero-dollar tourists in cash only, Yangon Region Hotels and Tourism Minister Daw Naw Pan Thuzar Myo said on December 16. The decision was made after investigations at souvenir shops located in Hlaing Tharyar township, East Dagon township and People’s Park in Dagon township, where zero-dollar tourists […]
Read MoreProperty insiders are urging the authorities to speed up the approval process of the Real Estate Service Law, according to Myanmar Real Estate Development Association . A draft of the legislation was submitted to Pyithu Hluttaw in 2018 but no progress has been made since then. The law was first drafted in 2016 and completed […]
Read MoreThe Hanoitimes – The Vietnamese government encourages local enterprises to invest in Myanmar, which could become a major market for Vietnam in the future, said Prime Minister Nguyen Xuan Phuc. Vietnamese Prime Minister Nguyen Xuan Phuc welcomed Myanmar’s proposal to set up a Vietnamese-invested industrial park in the country, expecting government agencies from both countries to […]
Read More
Thailand
