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MyPay to launch mobile wallet in Myanmar
Customers of mobile financial services provider MyPay in Myanmar will soon be able to make payments using their mobile phone through a new service based on technology from mobile wallet provider...
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Death of rental book stores as readers switch to smartphones
Rental book shops may be losing the battle for young customers to the pull of social media, online gaming and the vast expanse of the internet. Stores that rent out comic books and other wares say...
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BSR Report – Addressing Child Labour in Myanmar’s Garment Sector
EXECUTIVE SUMMARY ‘Made in Myanmar’ is ready to make a comeback, with U.S. and EU markets newly re-opened for trade with Myanmar’s garment manufacturers newly re-opened for trade with Myanmar’s...
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Myanmar high-end F&B company looking for JV partner to expand its operation
Our client a Myanmar company* is one of the market leader in European fine dining and tea culture. Our client is looking for a JV partner that want to invest in high end F&B business in Myanmar....
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Thai firm signs 300MW solar deal
Yangon-based Won Toll signed an agreement for a 300-megawatt solar power project with Kamrai Panit from Thailand on May 18, said officials. The US$1 billion agreement will fund the solar power plant...
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Sumitomo JV to export Myanmar wooden furniture
A Local joint venture subsidiary of Japan’s Sumitomo Forestry is seeking overseas buyers for its furniture made from Myanmar rubber trees. The factory, based in Mon State’s Mawlamyine township, is run...
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The fight for resources in Myanmar’s deep south
Tanintharyi Region, the southern tip of Myanmar, abounds with natural resources and the problems associated with them. Residents in the isolated region face over-mining by foreign companies, the...
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Myanmar seizes methamphetamine pills with street value of $49 million near...
YANGON (Reuters) – The authorities in Myanmar seized roughly 21 million methamphetamine pills with a street value of around US$35.5 million (S$49 million) near the border with China, state-owned media...
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India, Myanmar discussing procurement of pulses
NEW DELHI: Faced with shortage of pulses and increasing prices, the government today said it is negotiating a long-term arrangement for procurement of lentils fromMyanmar . Commerce Minister Nirmala...
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India, Thailand, Myanmar to be connected with a 1400-km road
BANGKOK: India , Thailand and Myanmar are working on a 1,400-kilometre long highway that will link India with Southeast Asia by land for the first time in decades, giving a boost to trade and cultural...
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Yangon ports implement round-the-clock clearance
FROM last Thursday, customs clearance became available round the clock at all ports in Yangon, but it has come at a cost. It was announced last week that customs clearance for outbound and inbound...
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Floods, political change hamper Myanmar growth: World Bank
Myanmar’s growth rate, once one of the world’s most impressive, has dipped following heavy floods and an investment slowdown sparked by uncertainty over its political transition, the World Bank said...
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Militarism in Thailand and Myanmar: A Role Reversal in the Making?
Militarism seems to be migrating from the latter to the former at a speedy rate. By Pavin Chachavalpongpun A role reversal for Myanmar and Thailand is starkly in the making, as concerns about...
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The enterprise ICT opportunity for Myanmar telcos
With Myanmar’s telecom penetration rate already above 75%, operators should focus on the enterprise segment for continued growth. In the first installment of this three-part report, we look at the...
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Commerce Ministry to launch fully online licensing system next month
AS part of its 100-day plan, the commerce ministry will launch a fully online licensing system in June, according to an official from the ministry at a meeting to boost awareness about the system in...
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Myanmar Automated Cargo Clearance System to be installed in Thilawa SEZ in...
Myanmar’s Customs Department will install the new Myanmar Automated Cargo Clearance System (MACCS) at airports, port terminals and at the Thilawa Special Economic Zone in November this year, it has...
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Yangon Region govt plans to build more reservoirs
The Yangon Region government is planning to establish reservoirs to ensure a reliable drinking water supply in the future. In response to a question at the Yangon Region parliament yesterday, U Maung...
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Thilawa SEZ worker dorms to open soon
Dormitories built for the first wave of the huge numbers of workers expected to be employed at Thilawa special economic zone to the south of Yangon are nearing completion, SEZ officials say. The...
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Ks 1 bn earmarked for drainage system in 13 Yangon townships
The Yangon Region government will allot Ks 1 billion to improve drainage systems in 13 townships, including six downtown townships. MP Than Naing Oo from Pabedan Township said: “Our township...
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Rangoon Chief Minister Attempts to Defuse Electricity Concerns
RANGOON — Rangoon Chief Minister Phyo Min Thein said on Tuesday that Burma’s commercial capital will continue to face blackouts in the coming months as attempts are made to address the city’s weak...
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