Myanmar: ASEAN sugar producers form alliance Tuesday, 19 July 2016 – Myanmar has formed an alliance with six other sugar-producing countries in the region, with a view to improving cooperation and boosting trade, in preparation for the ASEAN Economic Community, which aims to create a single market for capital, goods, labour and services. Seven countries […]
Read MoreMyanmar: Gems and food products added to National Export Strategy Thursday, 14 July 2016 – The Ministry of Commerce has added gems and value-added food products to its National Export Strategy in the hope of creating thousands of new jobs. U Aung Soe, director at the ministry’s Trade Promotion Department, said yesterday the ministry would […]
Read MoreCambodia: Cambodia stuck on money laundering blacklist Wednesday, 10 August 2016 – Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations. The 2016 edition of the Basel Anti-Money […]
Read MoreMyanmar: Securities commission warns against illegal share sales Tuesday, 12 July 2016 – The Securities and Exchange Commission of Myanmar warned companies against selling shares without its permission yesterday – the second time it has issued such a warning since the country’s first modern stock exchange opened at the end of last year. The commission […]
Read MoreMyanmar: Construction materials trade opened to local-foreign joint ventures Monday, 11 July 2016 – The Ministry of Commerce has further relaxed trade restrictions on foreign companies, opening onshore trade in construction materials to local-foreign joint ventures, according to a July 7 announcement. International firms were barred until last year from Myanmar’s import-export industry, which was […]
Read MoreMyanmar: MAPCO penalty for Indonesia rice shipment still pending Friday, 08 July 2016 – A delegation led by Myanmar Agribusiness Public Corporation visited Indonesia at the end of June to negotiate the release of around 14,000 tonnes of rice that had been held at the Port of Surabaya for more than three months.The group met […]
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