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MACCS Border Trade System to Launch at Myawaddy Gate Next Year
The Myanmar Automatic Cargo Clearance System (MACCS) will be implemented at the Myawaddy Border Gate next year to speed up the flow of trade at the country’s second largest overland trade point,...
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Government Plans to Ship Fuel From Thilawa to Yangon in a Bid to Slash...
The Yangon government has unveiled a proposal to begin transporting oil and petroleum products from Thilawa to Yangon via ship in a bid to reduce transportation costs incurred by consumers at the...
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Law firm Dentons opens office in Myanmar
Dentons, the world’s largest law firm, has expanded its presence within Southeast Asia with the addition of a new office in Yangon. A high-calibre team of seven lawyers and staff, led by Mark...
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Mango Growers Call for More Education on Quality Control in a Bid to Crack...
As potential foreign mango buyers descend on Myanmar to check out the local produce amid a seasonal surge in demand, local growers say more education on quality control is needed if Myanmar...
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PTTEP Plans New Asia Investment
Thailand’s largest oil and gas explorer PTT Exploration and Production Pcl (PTTEP) is planning new investments or an extension of its operations in fields in Thailand, Malaysia and Myanmar, it said...
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Local Entrepreneurs Take Part in Myanmar’s ‘Largest Ever’ StartUp Competition
More than 23 teams from a pool of 100 local entrepreneurs have participated in the country’s largest ever startup competition StartUp Challenge 2017, organised by Yangon-based innovation lab...
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Facebook ‘ban’ of anti-Muslim slur sparks Myanmar outcry
Myanmar netizens were in an uproar on Monday after Facebook seemingly banned people from posting the word “kalar,” often used as a slur against Muslims, at a time of rising Islamophobia in the...
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‘Myanmar Banker Leadership Program’ launched
Siam Commercial Bank (SCB), in collaboration with Myanmar Banks Association and Thammasat University, launches SCB Bankers Academy “Myanmar Banker Leadership Program”, the first program exclusively...
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Faster, easier loans for Mandalay SMEs
The chair from Loan Implementation sub-committee, U Maung Maung Win, who is also the deputy minister for planning and finance, headed the meeting. It was held on Sunday at the Mandalay Regional...
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Don’t Invest in Myanmar? What Rubbish!
Author: Anthony Larmon is the founder and managing director of Echo Myanmar In an article posted last week titled “Don’t Invest in Myanmar, Here’s Why”, a young Mr. Reid Kirchenbauer encourages the...
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MPs Investigate Validity of Coffee, Mulberry and Teak Plantations
In the past, forest lands in the Pyin Oo Lwin township of the Mandalay region had been taken over by military officials, retired civil servants, and entrepreneurs, to plant coffee, mulberry and teak....
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Tanintharyi Tourism Committee Seeks IFC Infrastructure Support
A tanintharyi development committee, operating under the tourism ministry and chaired by local tycoon Serge Pun, is seeking assistance from the International Finance Corporation (IFC) for the upgrade...
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Kyaukphyu: Asia’s Next Commercial Hub to Rival Singapore and Hong Kong
In a 13-minute project promotion video China International Trust and Investment Company (CITIC) celebrates the wonder of Asia’s rapid development with portraits of the pre-industrial ports of...
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Manulife Awaits License
Canada’s Manulife insurance company is waiting for permission, and will begin its business once the government permits, said Indren Naidoo, the company’s regional executive on May 29. Naidoo said that...
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Effort to get tax exemption to export garment
Local garment factories are attempting to export their own branded garments, according to the Myanmar Garment Entrepreneurs Association. Currently, local garment factories export their products with...
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Yangon takes legal action against nearly 30,000 vehicles
The Yangon region government took legal action against nearly 30,000 vehicles which are parked on public roads for long periods, it is learnt. As the number of cars in Yangon increased and parking...
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Thilawa SEZ attains over US$120million FDI in two months
Over US$122million of foreign direct investments flowed into Thilawa Special Economic Zone (SEZ) so far in the current Fiscal Year 2017-2018, under previously permitted investments by Myanmar...
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KBZ to provide 24-hour service for trade-related payments via MPU
Kanbawza Bank has prepared to offer its around-the-clock service for trade-related payments through Myanmar Payment Union-MPU system, said U Aung Kyaw Myo, Deputy CEO of the KBZ Bank. The announcement...
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Nippon Express opens logistics warehouse in Thilawa SEZ
Japan’s largest international freight forwarder Nippon Express Co. began operating a multifunctional logistics warehouse at the Thilawa Special Economic Zone, near Myanmar’s commercial capital Yangon,...
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Uber vs Grab vs Hello vs Oway – Week 1
Comparative Analysis of Uber, Grab, Hello & Oway versus a Normal Taxi i.e. the traditional taxi that you can find along the street and who are not Uber, Grab, Hello or Oway driver. Our methodology...
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