When lead characters in a Chinese kung fu movie drink wine from the same cup, they are considered sworn brothers. They will fight and die together. Will all six riparian countries of the Lancang, or Mekong (Lan-Mei), share the same spirit of camaraderie as they all live on this magnificent river? There may be ominous […]
Read MoreThe Stock Exchange of Thailand (SET) plans to set up a new equity market to trade stocks from neighbouring countries as these stocks have good growth potential based on buoyant economic growth in Southeast Asia. These neighbouring countries are Cambodia, Laos, Myanmar, and Vietnam (CLMV). The first three countries have many large caps and interesting […]
Read MoreReal estate agents believe prospects are looking good for the Myanmar property market in 2018. “Prospects in the real estate market will be brighter this year after the government released the rules to the Condominium Law at the end of last year,” said U Thet Naing Oo, managing director of real estate legal services firm […]
Read MoreAfter nearly two years in power, Myanmar State Counsellor Aung San Suu Kyi and her government face a crucial year ahead. Apart from significant political problems — resolving the troubles in violence-torn Rakhine state and reviving the stalled peace process — the government needs to show dramatically improved performance on the economic front. With elections […]
Read MoreLeaders of the Lancang-Mekong Cooperation (LMC) countries will hold talks this week in Cambodia aiming to enhance cooperation among the six nations. Prime Minister Thongloun Sisoulith will lead a Lao delegation to the 2nd LMC Leaders’ Meeting in Phnom Penh, the Foreign Ministry said in a press release. The two-day visit to Cambodia from January […]
Read MoreBUSINESSES at the Union of Myanmar Federation of Chambers of Commerce and Industry have urged Nay Pyi Taw to lower the tax rate, while the Internal Revenue Department said the tax rate has been lowered on an annual basis. Businesses collectively asked the tax rate to be reduced during the Chief Financial Officer conference (CFO […]
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