Myanmar and Vietnam have agreed to raise bilateral trade and have set a target of exceeding $1 billion in trading value by 2020. The pact was made during State Counsellor Daw Aung San Suu Kyi’s two-day visit to the country on April 19-20, according to a statement from the Ministry of Foreign Affairs. Currently, Vietnam […]
Read MoreSince its launch in early April, investor interest in the New Yangon City project from China, South Korea and ASEAN has been on the rise, Yangon Chief Minister U Phyo Min Thein said during a press conference at the 2018 Yangon Investment Forum on April 20. The Yangon Region Government is now courting foreign direct […]
Read MoreFunds will be collected from a tax on telecoms operators starting in June to extend the telecommunications network to remote areas of the country that do not yet have access, said an official of the Ministry of Transport and Communications. The Telecommunications Law, section 54 states that the ministry can establish and supervise a Universal […]
Read MoreEfforts to support small and medium enterprises (SMEs) over the past three years have so far not been sufficient to generate meaningful growth for the economy, experts said. While a higher volume of loans were dished out by state-owned and local banks, only a few SMEs have successfully expanded their operations in the past three […]
Read MoreThe Myanmar Investment Commission (MIC) has permitted foreigners to make full capital investments in private schools in Myanmar, according to Notification 7/2018 issued by the MIC on April 20. This means foreigners will now be able to fully own and operate private schools teaching a curriculum prescribed by the Ministry of Education (MOE) or an […]
Read MoreThe Ministry of Planning and Finance (MOPF) on Wednesday sent letters to all Union-level ministries and departments requesting data on the number of civil servants, actual salaries paid and estimates on any additional expenditure such as pay hikes. The data is needed so that additional funds, if needed, can be allocated for those purposes under […]
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Thailand
