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Draft foreigner laws worry experts, expats
Two draft laws concerning foreigners are sending shockwaves through the expat community and could undermine the government’s stated priorities in attracting responsible foreign investment and...
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Expression of Interest for JV in production of Diesel Engine. Closing Date 28...
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Thailand, Myanmar jointly promote maritime tourism
PHUKET,(NNT) – High ranking officials from Thailand and Myanmar plan tourism and investment promotion opportunities for both countries’ tourism and services sectors. Permanent Secretary of the...
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Inflation lurks over Myanmar’s favorite meal
YANGON — Shan khauk-swe is a noodle dish widely devoured in Myanmar. Many street stalls in Yangon, the largest city, serve the ethnic delight, originally from the northeastern state of Shan. And...
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Nagasaki fire engine maker, Myanmar firm aim to improve safety via tie-up
Yangon – A Japanese fire engine maker is teaming up with a local firm to break into the market for safety products in Myanmar, capitalizing on the country’s efforts to improve its firefighting...
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Authorities to confiscate unused Myanmar farmland
Authorities in Myanmar’s central Mandalay region plan to confiscate some 40,000 acres of unused farmland to use for the nation’s interests, an official said today. Land ownership is one of the most...
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Thais warned to avoid Myanmar border area after tourists abducted by Karen BGF
THAIS have been warned not to travel to the Myanmar border area near Kanchanaburi after a group of 37 tourists were taken hostage yesterday by the Karen Border Guard Force (BGF). The group, who...
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Consultation on Investment Rules Highlights Land Issues
A public consultation on the regulations that will accompany Myanmar’s new investment law threw the spotlight onto the country’s complicated land legislation once again. But although they...
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Mon State to Sign Agreement With EU on Forest Products Trading
The Mon state government has said it will sign a memorandum of understanding with the European Union on the legal trading of forest products, the Myanmar News Agency reported. The southern state...
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Yangon Government Looks to Uber as it Sets Sights on Taxi System
After whittling down the number of Yangon’s bus-lines last month, the Yangon regional government has unregistered taxis in its sights as part of efforts to decongest Yangon’s city streets. To...
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Japan Pledges $824m Loan For Five Infrastructure Projects
Myanmar will receive an $824 million soft loan from Japan for five infrastructure development projects, including the upgrade of the Yangon- Mandalay railway and the Yangon Regional Water Supply...
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Contracts of Foreign Investors at Inactive SEZs to be Reviewed
Myanmar should establish new special economic zones and contracts with foreign investors at inactive SEZs should be reviewed, the commerce minister has said. Dr Than Myint, chairman of the SEZ...
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Myanmar Citizens Bank Opens First Ayeyarwaddy Branch
Myanmar Citizens Bank (MCB) opened its 23rd branch in January, in Pathein Township, the bank’s first branch in Ayeyarwaddy division. The Pathein branch is the 5th to open in the 2016- 2017 financial...
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Pun-Backed Project At Yangon’s Colonial Railway Building Wins ‘Milestone’...
The Myanmar Investment Commission (MIC) has given approval to a mixed-use mega project at the heritage listed Myanmar Railway Company building in downtown Yangon. The Landmark Development, as...
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Myanmar Set to ‘Easily’ Reach $7bn in Foreign Investment This Fiscal Year
Foreign investment has reached $5.78 billion for this fiscal year so far, meaning the country is all but guaranteed to hit its target of attracting $6 billion of inflows, and is very likely to...
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Myanmar has 3 Years of Strong Growth Ahead, Says World Bank
Myanmar’s economy will recover from a 2016 slump to expand at over 7 percent for next three years, according to a new World Bank review. But the path is still replete with risks, and many of the...
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Canada-Based AGT Foods Begins Myanmar ‘Test Run’ Importing and Exporting...
One of the world’s largest beans and pulses traders has begun a “test run” in Myanmar after opening a representative office in Yangon in October. Canada-based AGT Foods and Ingredients has set up a...
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Sembcorp Will Hand $300m Power Plant To Myanmar Government in 22 Years
The Singapore-listed energy company Sembcorp has signed a build-operate-transfer agreement with the Ministry of Electricity and Energy for a 225-megawatt gas-fired power plant in Myingyan, near...
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Microsoft Launches Office 365 in Myanmar – MPT and Grand Royal Among...
US computing giant Microsoft has officially introduced its latest cloud-based Microsoft Office 365 product to Myanmar. Mr Sy Wann, Microsoft Myanmar’s Country Director, said at a launcg ceremony...
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Foreign Chambers of Commerce raise Concerns Over New Legislation
Foreign businesses active in Myanmar, represented by several Chambers of Commerce and Industry, have issued a statement in relation to new legislation being considered that is likely to have an...
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