The Ministry of Hotels and Tourism is implementing a two countries one destination campaign with Cambodia by planning direct flights between the two ancient cities Bagan and Siem Reap, said Daw Khin Than Win, the ministry’s deputy director general. A tourist can get to Myanmar without a visa at the embassy if they have a […]
Read MoreKASIKORNBANK is stepping up its support of small and medium-sized enterprises in Myanmar where they make up more than 90 per cent of all businesses in the country. KBank, which styles itself as a champion of small business, has been helping entrepreneurs in Myanmar over the past three years, with short training sessions focused on […]
Read MoreRice is one of the major sectors prioritised by the Myanmar National Export Strategy. The Strategy was designed to fuel the country’s sustainable development through export promotion and was first launched in March 2015 under the previous administration. At one time, the country was the top rice exporter internationally until the Second World War. Subsequently, […]
Read MoreThe import of seeds, fertilisers, hospital equipment and building materials by foreign businesses will soon be permitted for the first time, U Khin Maung Lwin, assistant secretary from Ministry of Commerce, told The Myanmar Times. Procedures to permit non-Myanmar firms to trade agricultural products and building materials have been ongoing, and negotiations with related ministries are […]
Read MoreA parboiling-rice mill which involved US$8 million investment was launched in Dedaye township, Ayeyarwady Region by agribusiness firm Agrastar on May 5. The mill will produce high-quality parboiled rice for export to the European market. Agrastar, a partnership between Chin Corp Myanmar, Agrocorp International, and RiverWest Capital, was formed to supply high-quality agricultural commodities from […]
Read MoreWing, which pioneered the agent-based money transfer business in Cambodia, will expand the model into Myanmar this year, tapping into the Southeast Asian country’s largely unbanked population of 55 million, the company’s chief executive said. Jojo Malolos, CEO of Wing Specialised Bank (Cambodia), said the company signed with Myanmar-based Mingalabar this March and the partners […]
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