Under the previous government, the construction of low-cost apartments failed to reach its target. With the new government, we have to wait and see whether or not the specified numbers of low-cost apartments can be built in time. The previous administration had claimed that they were going to complete the construction of one million apartments […]
Read MoreIn order to crack down on illegal trading, the current government has launched the Yaypu Border Inspection Camp which seized roughly K2266 million worth of jade and timber within the first two months of its operation, according to information provided by the Camp. Major illegal products coming into Myanmar involve household products as well as […]
Read MoreAfter the new NLD-led government came into office, supporting small and medium enterprises (SMEs) was included in the 12-point economic policy released by the administration last year. A year has passed but little has changed for those enterprises so far. In its long-awaited economic policy presented on July 29, the government highlighted the importance of […]
Read MoreMyanmar’s new government, one year on. Interview with Aye Thiha from the American Chamber. For the private sector, dialogue with the new government has not translated into concrete actions. Foreign direct investment has dropped; various industries, such as the construction and real estate sector, have had a hard time; the ill-drafted foreigner laws prompted a […]
Read MoreMarket competitiveness of small and medium enterprises in Myanmar which operate in traditional ways will be developed under an MoU signed between the Central Department of Small and Medium Enterprises Development (CDSMED) under the Ministry of Industry and KASIKORNBANK (KBank) of Thailand. SMEs are weak in market competitiveness, technology, financial management and market compliance of […]
Read More“Bliss was it in that dawn to be alive,” wrote William Wordsworth of the terrors of the French Revolution. The sentiment was not much different a year ago in Myanmar, where many were anxious about the transition, which was less tumultuous than one might anticipate. But the new government has yet to deliver effective changes. […]
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