Insufficient documentation when the Union government submits proposals seeking Parliamentary approval on foreign loans have made decisions difficult, some MPs pointed out Monday when discussing loans from the Asia Development Bank (ADB) and ASEAN Infrastructure Development Fund in Parliament. MP U Than Soe from Constituency 4 of Yangon Region said he had to search for […]
Read MoreNow that the Central Bank of Myanmar (CBM) has allowed a total of seven foreign banks to provide trade financing services in Myanmar, traders are anticipating much better business in the months ahead. Last December, the CBM permitted 13 foreign banks to apply for approval to offer trade financing services in the country. Since then, […]
Read MoreEurowindow, the Vietnamese doors and facades maker, will open a representative office and showroom in Yangon, its first ever overseas office, on March 16. It is also planning to build a factory to meet anticipated market demand in 2019. Eurowindow products have been widely used by thousands of customers and investors in tens of thousands […]
Read MoreA meeting will be held with officials from the Saudi Arabia embassy with regards to Saudi Arabia imposing a temporary suspension on fishing imports from Myanmar, said U Than Myint, Union Minister of the Ministry of Commerce. “A meeting is planned with the economic counsellor of the embassy in Nay Pyi Taw, where the deputy-minister […]
Read MoreMyanmar consumers in major cities evolved from a generation of necessity to a generation of need for social appearance and lifestyles, according to a Thai-based behavioural consulting research firm, which attributed the shift to the increase of disposable income of workers amid economic growth during the past few years. Envirosell Thailand, which conducted a study on […]
Read MoreThe Kachin State Investment Commission has approved one investment involving K1,688 million since its office was opened last July. The commission is currently examining two investment applications, U Tun Kyaw Kyaw, deputy director from at the Directorate of Investment and Company Administration (DICA), explained. The approved investment is in the agriculture sector and relates to the […]
Read More
Thailand
