Economy and commerce
Myanmar Secures K15 Billion Japanese Soft Loan for Local Businesses
Myanmar will receive a soft loan from Japan worth K15 billion for small and medium sized enterprises next fiscal year, Daw Aye Aye Win, director general of the Ministry of Industry, has told a meeting on economic cooperation between Myanmar and Japan. Keep reading ...
Thilawa extends to Zone B
The Thilawa Special Economic Zone (SEZ), involving more than US$ 1 billion investment, will be extended to Zone B and construction of infrastructures will be completed by mid-2018, SEZ Management Committee Chair U Set Aung told the media.Keep reading ...
Exports prioritised to meet trade target
According to official figures from the Ministry of Commerce, trade volume reached US$23 billion until the end of January in this fiscal year. The ministry has set the target trade volume to be $31 billion, therefore the ministry will continue trying to achieve its target ...
New Investment Law Rules to be Announced in March
RANGOON — Burma’s Directorate of Investment and Company Administration (DICA) will announce new regulations for the national investment law in early March, in time for the start of the 2016-2017 fiscal year, according to a senior DICA official. Keep reading ...
Government Eases Trade Restrictions
RANGOON — Burma’s government has announced a plan to ease trade restrictions on joint ventures between local business people and foreign investors, U Yan Naing Tun, director general of the Ministry of Commerce, told The Irrawaddy.Keep reading ...
Rice exports earn $193m
Myanmar earned about US$193 million from exporting around 560,000 tonnes of rice and broken rice until October 21 this fiscal year, according to the Ministry of Commerce. Keep reading ...
Investment Law Rules and Regulations Released by March
NAYPYIDAW — Rules and regulations for the newly enacted Myanmar Investment Law will be released in three months at the earliest and by the end of March next year at the latest, according to U Maung Maung Win, deputy minister of national planning and finance.Keep ...
Two former ministers, one secretive agency, and some million dollar questions
MPs and veterinarians are seeking information about a little-known government agency that controls land assets valued in the hundreds of millions of dollars.YOU’VE probably heard of JICA, the Japan International Cooperation Agency. But what about MICA, the Myanmar International Cooperation Agency? No, Myanmar is not ...
World Bank expects ‘stable’ economic growth for Myanmar, region
Growth in developing East Asia and Pacific, including Myanmar, is expected to remain resilient over the next three years, according to a new World Bank report out on October 4. Keep reading ...
Myanmar Investment Law approved
The government has approved a bill on the Myanmar Investment Law, which is aimed at promoting foreign investment, state media reported on 6 September.Keep reading ...
