First Myanmar Investment, one of the companies listed in the Yangon Stock Exchange (YSX), will see its share amounts rise by around 2 million shares towards the end of August. Hence, the total shares will reach 25 million. First Myanmar Investment (FMI), a conglomerate with interests from hospitals to airlines, is involved in real estate projects such as Thanlyin Estate Development and […]
Read MoreIn the second half of the last fiscal year, from October 2016 to March 2017, receipts from taxes on oil and natural gas extraction and income taxes were lower than expected. However, taxes on special goods and commercial tax including taxes collected from telecom operators was much higher than expected, totalling about K203 billion. The […]
Read MoreInterview with Katsuji Nakagawa from the Japan Chamber of Commerce and Industry in Myanmar Japanese businesses have not indicated any interest in Dawei SEZ or Kyaukphyu SEZ, and see the lack of reliable power supply as the biggest challenge in Myanmar, the chair of the Japanese Chamber said. Katsuji Nakagawa, chair of Japan Chamber of […]
Read MoreThe World Bank is currently supporting 43 active projects in Myanmar, Cambodia and Laos, with commitments of over US$2.7 billion as of June, according to the World Bank’s press statement. Myanmar accounts for over half of the total commitment in the three countries. 13 projects and over $2 billion are in Myanmar, with the remaining […]
Read MoreCambodia and Myanmar are discussing a plan to attract tourists to ancient temples in both nations. The plan will encourage people to visit Cambodia’s Siem Reap province and Myanmar’s Bagan province, where each country’s most famous temples are. The campaign will be branded “two countries one destination”. In Thoeun, deputy director-general at the Tourism Ministry, […]
Read MoreThe eighth Joint Coordinating Committee (JCC) meeting was held in Thailand on June 29-30 and has decided to seek parliamentary approval in order to ask Thailand for a soft loan to fund the two-lane project. If approved, a task force will be formed to assess and review the development and issues caused by Italian-Thai Development […]
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