Licenses for importing some of the over 4,000 products into the country will be done away with as part of the move to facilitate trade and ensure Myanmar adheres to international trade regulations. Ministry of Commerce assistant secretary U Khin Maung Lwin said import licenses will be done away with in a move to facilitate […]
Read MoreYANGON — Foreign investment shows signs of recovering in Myanmar, one of Southeast Asia’s frontier markets, led by more than twofold gains in inflows from China and Singapore. Approved foreign investments rose 79% on the year for the six months ended in June, reaching $2.35 billion, according to Myanmar’s Directorate of Investment and Company Administration. Mainland Chinese and Hong […]
Read MoreAn economic zone will soon be built in Kanpaiktee at the Myanmar – China border, according to Ministry of Commerce. At the zone there will be truck parking, warehouses, and modern equipment to check installed. The President Office has ordered the central and working committee concerning building of Myanmar-China border economic cooperation zone to perform […]
Read MoreMyanmar expects its economy to grow by 7 percent as measured by GDP for the upcoming 2019-20 fiscal year compared to the 7.6pc expected for fiscal 2018-19. According to the budget estimate submitted by the Union government to the Pyidaungsu Hluttaw on July 15, it expects total revenue of K25.3 trillion and total expenditure of K32.3 […]
Read MoreThe Chin State government wants to prioritise a number of hydropower projects in order that more development can come to the state, which is the poorest in the Union. The state, bordering Bangladesh and India in western Myanmar and traversed by a number of mountain ranges with fast-flowing rivers, has seen much interest from foreign […]
Read MoreFive European business groups in Yangon have signed a statement urging the Myanmar authorities to restore internet access in Rakhine and Chin states. The statement warns of the “possible reputational impact in the international community and view of Myanmar as a responsible investment destination” being wrought by the internet-shutdown. It says the internet blackout negatively […]
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Thailand
