Myanmar is expected improve its rank on the World Bank’s annual ease of doing business index, deputy minister U Set Aung at the Ministry of Planning and Finance said in Parliament on November 24. Myanmar is expected improve its rank on the World Bank’s annual ease of doing business index, deputy minister U Set Aung […]
Read MoreWomen in Myanmar have taken a more significant role in the economy, although much more can be done to narrow the gender gap. Myanmar ranks 83 among 144 nations in the World Economic Forum’s Gender Gap Report 2017, which is higher than major Asian economies including China and South Korea as well as its neighbours […]
Read MoreA proposed new tax for the transfer of vehicles from one owner to the next will be presented to the Union government for review, Daw Nilar Kyaw, regional minister for electricity, industry, transport and communication, said during a Yangon Parliament session. As the regional government departments do not keep documents with the relevant ownership details, […]
Read MoreTHE return of hundreds of thousands of northern Rakhine refugees in Bangladesh would commence within two months, according to the memorandum of understanding signed last week between Myanmar and Bangladesh, a copy of which was obtained by The Myanmar Times on Sunday. A joint working group would also be established within three weeks to oversee […]
Read MoreIn a bid to industrialise and further develop Myanmar’s agriculture sector, the Ministry of Commerce will permit foreign joint ventures operating in the country to import and sell agri-related machinery. The move will also help to modernise the local agri-products manufacturing sector by raising productivity and longer term cost-efficiency. The companies are permitted to sell […]
Read MoreNAY Pyi Taw has suffered from a tax loss of up to US$52 million due to illicit trade of beers in 2016, according to London-headquartered Euromonitor International research. Myanmar has an import ban of beer, but the market research firm said that up to 30 percent of all beer sold is illegal, a size of […]
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