The government of Myanmar will provide K40,000 to each of over 5.4 million households with unregular income across the country: K20,000 in late July and the other K20,000 in late August, according to U Zaw Htay, Director-General of the Ministry of State Counsellor Office. When providing financial assistance, the government will pay the families in […]
Read MoreLast year, Thailand was the third-largest foreign investor in Myanmar at $6.6 billion in 2018-2019 following Singapore then China. However, due to the unofficial border trade, this figure understates the value of the trade relationship. Thailand has the longest border with Myanmar at 2,416 km. Myanmar shares borders with four other countries: China, India, Bangladesh, […]
Read MoreThere was a time in Myanmar around 2002 the internet was only available in selected major cities costing K 500-1500 for 1 hour the connection is normally slow and often interrupts. Those painful days are in the past, now the internet is easily accessible through the phone at the cheaper rates with ultra-high-speed. In 2013, […]
Read MoreCAMBODIA, Myanmar, and Vietnam are among the Asian countries poised to gain most from shifts in apparel manufacturing, according to a Fitch Solutions July 13 report. As China reduces its apparel manufacturing operations and seeks to move up the value chain, such neighbouring countries have high growth potential in this area, supported by their large […]
Read MoreThe 2020 Union Tax bill plans to raise special item tax levied on cigarettes and liquor up to K27 per pack for cigarettes, 60 percent of the price for liquor and beer, and 50 percent of the price for wines. “We, in line with the country’s health policy, plan to raise special item tax on […]
Read MoreMyanmar is expected to meet its foreign direct investment (FDI) target of US$5.8 billion in the current fiscal year 2019-2020, and over $4.6 billion flowed into the country around the ten months, said U Thant Sin Lwin, director-general of the Directorate of Investment and Company Administration (DICA). “We intend to reach FDI target of US$5.8 […]
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Thailand
