There is no country other than Myanmar where foreign investors can come and invest, where the democratic transition is relatively smooth and where an economy opens up to the world at the same time, said one of the local tycoons at the Bloomberg Invest Myanmar summit held on March 9 in Yangon. U Zaw Zaw, […]
Read MoreMinisters and industry experts say the government’s approach of paying the electricity bill using the union budget is a hindrance to the development of the sector. In 2012, the average export rates per electric unit in Southeast Asian countries can cost up to more than K267 per electric unit: K67 in Brunei, K71 in Myanmar, […]
Read MoreThe parliaments of Cambodia, Laos, Myanmar and Vietnam (CLMV) shared experiences in monitoring and managing State budget and public investment during a conference in Phnom Penh on Monday. Addressing delegates at the launch of the conference, Cambodian National Assembly (NA) leader Heng Samrin said the event was an opportunity for the legislative bodies of the […]
Read MoreThe maximum amount of investments which can be approved by regional and state governments has been set to US$5 million (K6 billion). Region and state investment commissions will now be able to approve proposals without having to seek permission from Myanmar Investment Commission (MIC), according to an announcement from MIC chair U Kyaw Win on […]
Read MoreThe 7th Myanmar International Gems, Jewellery and Watch Expo 2017 will be held at Myanmar Gems Trade Centre in Yangon from March 24 to March 27. A local jeweller examines gems and pre-cious stones on a ring. Photo – Supplied The expo will feature 50 booths from 11 countries and territories – Thailand, Hong Kong, […]
Read MoreThe state-owned Export-Import Bank of Thailand (Exim Thailand) will open its first overseas representative office in Yangon, Myanmar, next month to help Thai investors who are expanding into the neighbouring market. “Exim Thailand is ready to support Thai entrepreneurs who wish to expand their export markets or relocate their factories to Myanmar with a view […]
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