The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. Myanmar Investment Commission […]
Read MoreA British company has created a joint-venture with a Myanmar firm to enter the marine industry as well as oil and natural gas sector. A child sqeezes oil out of a rag at an oil field in Minhla township, Magwe Region. Aung Htay Hlaing / The Myanmar Times Representatives from the UK firm, James Fisher […]
Read MoreMANILA, Philippines – The Philippines and Myanmar are expected to see improved agriculture and food security sectors amid efforts to strengthen the economic relations between the two countries. In a statement, Trade and Industry Secretary Ramon Lopez said President Duterte’s recent meeting with Myanmar President U Htin Kyaw and State Counsellor and Foreign Minister Daw […]
Read MoreYangon (AFP) – Ride-hailing firm Grab launched a trial service in Yangon yesterday, becoming the first international company to enter Myanmar and stealing a march on fierce rival Uber in the largely untapped market. The Singapore-based company said it was conducting a trial with a small group of taxi drivers in Myanmar’s largest city and […]
Read MoreThe rise of the US dollar value in currency exchange markets is leading to an increase in rice export volumes when compared to the previous financial year, said U Ye Min Aung, managing director of Myanmar Agribusiness Public Corporation (MAPCO) and the general secretary of the Myanmar Rice Federation (MRF). Farmers prepare paddy field for […]
Read MoreEric Rose is lead director of Herzfeld Rubin Meyer & Rose (“HRMR”), the first US law firm established in Myanmar. HRMR is a founding member of the American Chamber of Commerce Myanmar, and Mr Rose serves on its Executive Committee, and also chairs its HR Committee. In an exclusive interview with the Myanmar Times, he […]
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