There have been no last-minute policy changes in regards to joint ventures between local and foreign insurers for both the life and non-life segments of the insurance market. Ministry of Planning and Finance (MoPF) director-general of the Foreign Regulatory Department U Zaw Naing disputed any such last minute policy changes in regards to the shareholding […]
Read MoreA number of casino operators from Hong Kong, Taiwan and Macau have enquired about operating casinos in Myanmar following the passing of the Gambling Law 2018 in May, which replaced an earlier law from 1986. Directorate of Investment and Company Administration acting director-general U Thant Sin Lwin said casino operators from Hong Kong, Taiwan and […]
Read MoreLocal property investors may not be buying much property in Myanmar at the moment, but a growing number have been snapping up units overseas. Sai Khun Naung Real Estate Company and Singapore-based real estate broker DWG will be holding an exhibition of luxury condominium properties from Thailand, Malaysia, UK and Japan for those interested in […]
Read MoreLocal interest in franchising has grown on the back of the rising number of international retail brands entering Myanmar. While the business can be rewarding and lucrative, it is important to have a complete understanding of the franchise concept and what you’re signing up for. Franchising is a business agreement under which a company that […]
Read MoreThe Myanma Timber Enterprise (MTE) will halve the annual limit for logging teak and hardwood from natural forests in 2019-20, producing just enough timber to meet production costs, U Ohn Win, Minister of Natural Resources and Environmental Conservation, said yesterday. He added that logging will be restricted to trees aged 30 years and above in […]
Read MoreFor the extensive operations of factories, Thilawa Special Economic Zone is in need of international-standard jetties and logistics services, said Win Aung, chair of Myanmar Thilawa Special Economic Zone Holdings Public Co., Ltd (MTSH). According to the MTSH’s annual report for 2018-2019 fiscal year, the MTSH is conducting preliminary surveys to transform the zone into a […]
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