While a year has passed since the new government proclaimed “It’s time for change”, there’s no evidence of substantive changes for the private sector. Bureaucracy, lack of policy clarity and political uncertainty have dampened the mood of businesses. One year has almost passed since the new government took office with the slogan that shouts “It’s […]
Read MoreBamboo charcoal, which contains many beneficial chemical compounds, may soon reap export revenue for Myanmar. Myanmar Bamboo Growers Association is currently making arrangements to export the product to various countries such as the US, Japan, Philippines and India, according to the association’s chair U Kyaw Win. Bamboo charcoal samples were sent to these countries earlier […]
Read MoreBusiness owners at the Yadanarbon (F) Market in Mandalay’s Pyigyitagun township are baffled over a 750 percent hike in shop rental fees that will come into effect starting April 1. The fee, which is K4000 a month now, will be K30,000 starting next month. U Hla Shwe, a shop owner, said the businesses at the […]
Read MoreDespite a government ban on for-profit pandals in public areas, the Yangon Region government will allow them in private areas during Thingyan, or water festival, according to Yangon Chief Minister U Phyo Min Thein on March 24. “We’ve received applications to hold entertainment pandals at The One Entertainment [in Thuwunna township], People’s park and Shwe […]
Read MoreExports from Thailand and Malaysia will continue to grow thanks to the rapid economic expansion driving demand in the CLMV (Cambodia, Laos, Myanmar and Vietnam) countries and weak currencies, while economic recovery in both countries will continue to support bilateral trade, say experts. Malaysia’s economy is projected to expand by between 4% and 4.5% this […]
Read MoreThailand and Myanmar aim to raise border trade to US$20 billion (693 billion baht) over the next five years from an estimated $6 billion this year. During the first meeting of the Thailand-Myanmar Border Trade Committee held yesterday, Commerce Minister Apiradi Tantraporn said the two sides had agreed to set up single stop inspections to […]
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Thailand
