Over 4.15 bln USD of foreign investment enter Myanmar in FY 2018-19 Over 4.15 billion U.S. dollars of investment capital from the permitted foreign enterprises entered Myanmar in the fiscal year 2018-2019 which ended in […]
Myanmar lowest among ASEAN countries in passport index Myanmar ranks 95th out of 107, the lowest among ASEAN nations, in the latest Henley Passport Index, mainly due to a lack of economic freedom. — Myanmar […]
Myanmar consumers still lack wide awareness of cashless payment systems Although more than 40 percent of Myanmar consumers expect to utilise cashless payment in the coming year, awareness of contactless and QR systems is still […]
US Businesses Eye Expanded Myanmar Investment Representatives from top US firms like Google, Ford and Amazon are touring Myanmar to consider large-scale investment. — Irrawaddy Myanmar seeks to establish Myanmar-India-China economic corridor As part of […]
Myanmar Among World Bank’s Top 20 for Business Ease Improvements Myanmar has won praise from the World Bank for reforms aimed at attracting foreign investment. — Irrawaddy Need to raise tourism promotion budget to increase […]
Myanmar willing to repatriate ‘verified returnees’ from Bangladesh Some 900,000 mainly Rohingya refugees from Myanmar have sought shelter in the Cox’s Bazar region in south-eastern Bangladesh following military operations two years ago. — UN News […]
Economy to improve as Myanmar opens up to foreign investment Myanmar’s economy is forecast to expand to 6.4 percent in the current fiscal year and pick up to 6.8 percent in the next, according to […]
House Approves Bill to Aimed at Holding Myanmar Leaders Accountable for Atrocities The U.S. House of Representatives has passed legislation aimed at advancing efforts to hold senior Myanmar leaders accountable for crimes committed against Rohingya […]
YCDC warns inoperative plots in industrial zones to run promptly Inoperative land plots in industrial zones in Yangon Region have been warned to promptly start their businesses as the government has plans to seize them […]
Myanmar to launch Yangon-Mandalay railroad upgrading project Myanmar has planned to launch the first phase of Yangon-Mandalay railroad upgrading project (Yangon-Toungoo) beginning Oct. 1, according to the Myanmar Railways (MR) Monday. — Xinhua Possible corruption […]
Myanmar vows to take stricter action on illegal trade Myanmar will take strict action against illegal trade with the aim of substantially reducing the volume of fake or illegal products entering the market, said U […]
Yangon plans logistics hub, truck terminal to ease congestion Yangon is planning to build a logistics hub and truck terminal in the outskirts of the city to ease traffic congestion and provide enough parking space […]