Bus manufacturer SC Auto announced yesterday it is setting up a $30 million facility in Yangon, Myanmar, with support from International Enterprise (IE) Singapore, as it seeks further growth for its business. The 16,000 sq m facility, slated to begin production in the fourth quarter of next year, will enable SC Auto to increase its […]
Read MoreA top official from the Ministry of Commerce told an audience of foreign investors and businesses that foreign investments should be able to support SMEs, manufacture products in Myanmar and operate in underdeveloped areas. Those are the criteria upon which the government will approve or reject foreign investment proposals. The government will scrutinise every foreign […]
Read MoreThe restrictive licensing requirements for hospitality accommodation in Myanmar can drive conflict in communities which are having more international visitors, according to a publication by Business Innovation Facility. The Do No Harm: A Toolkit for the Tourism Industry developed by the UK aid-funded Business Innovation Facility (BIF) in Myanmar, in collaboration with non-profit organisation CDA […]
Read MorePoorly managed large-scale or intensive tourism development can negatively affect communities, such as land confiscation, environmental destruction and exploitative jobs, the newly published Do No Harm toolkit for Myanmar’s tourism sector stated. The publication was published by UK aid-funded Business Innovation Facility (BIF) in Myanmar, in collaboration with non-profit organisation CDA Collaborative Learning Projects, to […]
Read MoreThe Ministry of Electricity and Energy (MOEE) is going to draft new laws on liquefied natural gas (LNG) in cooperation with the Myanmar Oil and Gas Services Society (MOGSS) and Hluttaw but details of the draft are not known, MOGSS vice-chair Daw Hnin Phyu Phyu Aung told The Myanmar Times. “If the role and procedures for […]
Read MoreThe Ministry of Labour, Immigration and Population signed an MoU with Singapore’s Temasek Foundation-Singapore Polytechnic in Nay Pyi Taw on Thursday to cooperate on establishing a technical institution quality assurance framework for Myanmar workers. U Thein Swe, minister of Labour, Immigration and Population, said the purpose of the MoU is to assist the main duties […]
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