A new strategy encompassing the customs and values of the Myanmar people, including members of the Tatmadaw, residents, civilians and nationals residing abroad, is necessary to treat a “sick” Myanmar economy,” said Dr. Myint, who was Chief Economic Advisor of former President U Thein Sein, during the Union of Myanmar Federation of Chambers of Commerce […]
Read MoreThe government and young people of Myanmar must refrain from embarking on national development projects that do not benefit the country’s citizens, U Thein Tun, chair of Tun Foundation, said at 2nd Myanmar Young Entrepreneurs Summit held in Nay Pyi Taw on December 9. U Thein Tun, who is also chair of Myanmar Consolidated Media, […]
Read MoreJakarta’s city-owned retailer Sarinah department store is set to go online this month as part of an effort to collect Rp 500 billion (US$36.9 million) in revenue next year. The decision came after Sarinah was named the official retailer for 2018 Asian Games merchandise. Sarinah president director GNP Sugiarta Yasa expressed his optimism that the […]
Read MoreThe Central Statistics Agency’s (BPS) balance and statistics analysis deputy head, Sri Soelistyowati, denied that poor sales at a number of retail outlets were caused by the emergence of online shops. Sri said the market share of e-commerce was still relatively low compared to the market share of offline retail. “Online shopping share for total household spending […]
Read MoreTEMPO.CO, Jakarta – According to Ministry of Trade’s Domestic trade General Tjahya Widayanti, the buying ability of Indonesian people has not weakened. She reasons that Indonesia’s household consumption for the use of domestic products actually increased by 26.13 percent. Other than that, the increased consumption can also be used as a chance to improve domestic trade in goods and […]
Read MoreTEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said six sectors are expected to boost the national industry in 2018. “They are basic metal industry, food and beverage, transportation, machinery and equipment, chemicals and pharmaceuticals, and electronics,” he said today at a seminar called Industry Outlook 2018 in Jakarta. Source: https://en.tempo.co/read/news/2017/12/11/056914009/Six-Sectors-Will-Boost-Industry-in-2018
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