Foreign oil and gas companies with retail operations can apply to set up their businesses in Myanmar, a senior official with the Ministry of Electricity and Energy (MOEE) told The Myanmar Times. While Myanmar remains the only member of Asean that does not allow 100 percent ownership in retail petroleum operations, it has allowed foreign oil […]
Read MoreAmid a rise in the number of Chinese tourists and so called zero-dollar tours to Myanmar in the recent months, the government is now calling for sustainable and quality investments for Tanintharyi Region’s tourism industry. U Thaung Tun, chair of the Myanmar Investment Commission and Minister of Investment and Foreign Economic Relations and U Ohn […]
Read MoreMyanmar businesses who participate in barter trading with China will have to find buyers for the goods they get in exchange and this system of trade may take some time to get used to. Myanmar Rice Federation central executive committee member U Soe Tun said it would be more convenient for Myanmar businesses to receive […]
Read MoreThe Myanmar Liquor Association (MLA) released a statement last Wednesday urging the government to tackle the grey market and implement more transparent regulations for the valuation of liquor imports. The statement also provided a clarification that MLA does not object to the importation of liquor if there is a “level playing field” for the local […]
Read MoreYANGON, Myanmar Tourist arrivals in Myanmar are on the rise despite international condemnation over its military’s systematic campaign of violence against the country’s Rohingya Muslim minority. The growing debate over a tourism boycott is vexing tourists, and the Rohingya exodus obviously contributed to a downturn in the arrival of tourists from European and western countries. […]
Read MoreA lack of updated information on the Myanmar government’s priorities will no longer be a major challenge for Thai and foreign companies keen to invest in Myanmar, as the latest developments in its business scenario are to be shared at the fourth edition of Myanmar Insight seminar next month. Speaking at a press conference on […]
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