INDIA has formed a Myanmar chamber of commerce in Yangon to boost trade and forge closer economic ties with the country. The move follows Indian Prime Minister Narendra Modi’s visit here on September 5-7 and also comes after India imposed import restrictions on Myanmar’s pulses and beans last month. Currently, trade between the two countries […]
Read MoreTHE free trade agreement (FTA) between ASEAN, Australia and New Zealand makes Myanmar products more competitive in the two biggest markets in Oceania, according to trade commissioners from Australia and New Zealand. There is a huge potential for trade to grow in the agriculture sector, as all three countries are rich in farms and fisheries. […]
Read MoreTHE development of Cocokyun township covering the islands in the northeastern Indian Ocean, as well as the flight and maritime access between the islands and the mainland, are included in Yangon Region’s plan, according to Chief Minister U Phyo Min Thein. Yangon Region will implement a three-year project which will focus mainly on the improvement […]
Read MoreCambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to help the sub-region achieve inclusive growth and sustainable development. Ministers at the 22nd GMS Ministerial Conference on Friday celebrated 25 years of economic cooperation, acknowledging the achievements of an Asian Development […]
Read MoreSPECIALEconomic Zones (SEZs) in Myanmar are considered by the Ministry of Industry as the main pillar of economic development, according to the ministry’s spokesperson. The government aims to boost the growth of manufacturing sector by linking the SEZs and domestic industrial zones. U Ko Ko Lwin, permanent secretary of the Ministry of Industry, said that […]
Read MoreTHE government should update the business community with the latest economic activities and manage the expectations, according to domestic and foreign investors at a recent investment forum held in the country’s capital. Investors in Myanmar would like to see a push towards further liberalisation of the economy. More people are taking part in the private […]
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