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Myanmar most improved for ease of starting business
Myanmar has leapt up the World Bank’s ranking for ease of starting a business – moving from 189th out of 189 countries (or last place) last year, to 160th in new numbers released yesterday. This makes...
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Myanmar on the way to hit record 4.5 million arrivals
MYANMAR’s Ministry of Hotels and Tourism is expecting tourist arrivals in 2015 to reach 4.5 million, which will surpass its previous records of 2.1 million visitors in 2013 and 3.8 million last year....
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Over 35,000 Parking Space Recommendations Issued in Nine Months
In the last nine months, 35,282 parking space recommendations, which proves that a car importer has sufficient space to park the car, have been issued, according to the Ministry of Commerce. Under a...
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Singapore Firm Acquires Stake in Myanmar Payment Company
Singapore-based payments firm fastacash has made a strategic investment in Myanmar-focused payments company, MyPAY. MyPAY, which is developing a mobile payment system, also has a strategic partnership...
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YCDC Fights Fake Permits at Private Construction Sites
Constructors will not be allowed to post building permits for buildings themselves anymore, and have to use YCDC-made signboards instead, according to the Yangon City Development Committee (YCDC)....
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A nation in a chrysalis
Paranoia surrounding security isn’t palpable in Yangon. Passing the immigration counter at Yangon international airport, and with it the completely unfounded fear of being deported on arrival, I reach...
View ArticleYCDC invites for open tender to buy Insulated Covered winding wire and...
Invitation for Open Tender 1. Insulated Covered winding wire and premium Diesel will be bought to use at departments of Yangon City Development Committee in Myanmar Kyat. Bidders are invited to submit...
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Hundreds of Yangon trishaw drivers fined
Almost 500 trishaw drivers have been arrested and fined over the past six months, as authorities claim Yangon’s increasingly congested streets offer less and less room for alternative forms of...
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Mizuho to open second office, at Thilawa SEZ
Japanese bank Mizuho will become the first foreign lender to open a second office in Myanmar, after opening its Yangon branch earlier this year. The bank has been granted approval to open a front...
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Myanmar Dealbook: Railway gets $100k in ads; Mobile density at 65%; WB-aided...
Pre-emerging nation Myanmar has reported a few trends that indicate economic and business activity is on an upswing. State-owned Myanmar railway is starting to see some revenue inflow from...
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Myanmar: Facebook should warn users about risks of self-expression
The Myanmar government has detained at least three people over Facebook posts it deemed offensive in the last few weeks. This crackdown on freedom of expression in the run up to the general elections...
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Negligent engineers to be banned
Engineers guilty of professional negligence will face a ban as well as consequences under the law, the Myanmar Engineering Council has announced. MEC assistant secretary U Aung Myint told The Myanmar...
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Pilot Yangon bus upgrade to be funded through share sale
The company, which was set up with K10 billion from the government and K2.5 million from five private companies, will begin selling shares on November 3, said U Maung Aung, chair of the BRT lite...
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Slow revival for oldest university
Unruly, overgrown grass lines the fences. A stray dog is taking a nap on the main road that stretches across the length of the campus. Save for the rustling of leaves from trees along the pathway, all...
View ArticleMinistry of Commerce invites open tender for bidders to purchase office...
Invitation for Open Tender 1. Ministry of Commerce invites open tender for bidders to purchase for the following items – the office equipment, copiers, Printer and relatives materials, A4 paper and...
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A home away from home: America’s largest Myanmar community
The United States has a number of large Myanmar communities, spread right across the country. But curiously, the largest Myanmar population is based in Fort Wayne, in the US state of Indiana. It is...
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Elections mean brisk business for Yangon printing shops
Business has been especially good for a cluster of shops in the Shwe Gone Daing area in Yangon city who provide screen printing services for posters and company T-shirts. For the past few weeks, they...
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Japanese technology boosts telecommunication
Myanmar, which is one of the last underdeveloped telecommunication markets in Asia, lags behind its neighbours in Southeast Asia. Only few people have access to fixed telephone lines here. Since the...
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Myanmar deal to expand Axiata’s tower business
JUST over two years after it failed in its bid to secure one of the two mobile operating licences up for grabs in Myanmar, Axiata Group Bhd has found another route to the region’s last underpenetrated...
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Myanmar ripe for Thai investment, says envoy
Thai businesses should take a more aggressive approach to penetrating Myanmar before other investors get too far ahead, according to Thailand’s ambassador to Myanmar, Visanu Suvanajata. Although...
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