Myanmar Investment Commission has approved over $ 5.15 billion of foreign direct investment as of September 4 since the beginning of the 2019-2020 fiscal year. Over $3.94 billion came from 234 investment proposals while the rest came from investment expansion from the existing foreign investments. As for local investment, the commission has approved over $412.2 […]
Read MoreThe total trade value at 18 border trade camps exceeded US$9.56 billion from 1 October to 21 August in 2019-2020 financial year (FY), according to the Ministry of Commerce. During this period, the total border trade value amounted to $9.56 billion, an increase of $334 million compared to that of the same period last year. […]
Read MoreTo fulfil domestic needs, Myanmar targeted to import 3.79 million broiler chicks from Thailand in September as a monthly temporary project, under which the import has been conducted starting from June, according to Myanmar Livestock Federation (MLF). “Because of the coronavirus outbreak in April and May, the local broiler chicken breeders dropped the production of […]
Read MoreCentara Hotels & Resorts, Thailand’s leading hotel operator, has signed management agreements with three new hotels in Myanmar, TTRweekly reported. The agreements cover three hotels developed by SL International Construction Co Ltd. The properties will be rebranded Centra by Centara Hotel Thiri Hpa-An, Hpa-An Hilltop Resort & Spa, and Centara Hotel Mandalay. In the last […]
Read MoreMyanmar is exporting more fishes, prawns and other marine products to 40 countries including China, Japan, Korea, Thailand, the US, the Middle East countries and European Union. The country has gained high demand from foreign markets as more marine products are produced safely, according to the Basic Training Course for Safe Maritime Production Batch (1/2020) […]
Read MoreMastercard announced that it is deepening its commitment to Myanmar by taking steps to incorporate an entity in the country – thereby establishing a local office presence in Yangon – and to appoint a country business development manager. “As Myanmar continues its digital transformation, it is also necessary to empower its people with the skill […]
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