The government has recommended over 1,000 domestic small and medium-sized enterprises (SMEs) to receive loans from banks, according to the Central Department of Small and Medium Enterprises Development (CDSMED). More than 1,000 SME among an estimated 9,000 in Myanmar have been recommended by the CDSMED to receive loans, an official from the department told The Myanmar […]
Read MoreA draft five-year strategy for promoting safe and environment-friendly agriculture products in the Greater Mekong Subregion (GMS) that would enhance regional food safety and promote trade is expected to be finalised today, according to the Asian Development Bank. “The five-year Regional Strategy and Action Plan (2018-2022) for Promoting Safe and Environmentally-Friendly Agro-based Value Chains focuses on […]
Read MoreMyanmar Offshore Supply Base (MOSB), a Singapore company, on July 11 received the green light from the Myanmar Investment Commission (MIC) to construct an oil and gas supply base in Mon State. It will be the first foreign-run oil and gas supply base in Myanmar. The project, which covers an area of over 193 acres […]
Read MoreCambodia and Myanmar have agreed to further enhance trade between the two countries by encouraging investment from small and medium enterprises and exchanging agricultural products, according to the Ministry of Foreign Affairs and International Cooperation. “Trade between Cambodia and Myanmar can be strengthened through investments by SMEs,” stated a ministry press release on Wednesday at the conclusion of […]
Read MoreThe government has extended the stay for patients from Cambodia, Laos, Myanmar and Vietnam (CLMV), as well as those from China, who come to Thailand for medical treatment from 30 to 90 days, in accordance with its ambitious plan to turn the country into a medical hub. The extended stay will also be applicable for up […]
Read MoreDebts accumulated under Myanmar’s previous Union Solidarity and Development Party are now due, 2 years after the current National League for Democracy government came into power. Despite debt relief provided by Paris Club countries during former President Thein Sein’s USDP administration, Myanmar still owed US$8.98 billion in outstanding foreign debt as at 31 December 2016, […]
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