Source : Myanmar Times (Click here to see original article) | Author : Chan Mya Htwe Work on the US$230 million (K338.7 billion) Singapore-Myanmar Hlegu Industrial Park project is set to begin in March 2020, one of the investors in the project has announced. The agreement for the project, set to cover some 598 hectares […]
Continue ReadingThe top-10 events that shaped Myanmar’s economy in 2019
Source : Myanmar Times (Click here to see original article) | Author : John Liu Myanmar witnessed an economic slowdown in fiscal 2019, with GDP growth downgraded to 6.5 percent from 6.8pc in 2018, and foreign direct investments (FDI) hitting just 70pc of official targets. The economy also took a hit from slowing global growth […]
Continue ReadingChina Quietly Pushing Myanmar to Back Its Development Plan for Irrawaddy River
Source : The Irrawaddy (Click here to see original article) | Author : Nan Lwin KUNMING, China—Chinese think tanks based in Yunnan have been traveling back and forth between Yangon and the Chinese province’s capital, Kunming, since early 2018. But at times their itinerary has taken them beyondMyanmar’s economic hub. They have traveled hundreds of […]
Continue ReadingNew requirements for import/export companies: Ministry of Commerce
Source : Myanmar Times (Click here to see original article) | Author : Chan Mya Htwe The Ministry of Commerce (MOC) has warned that it will remove companies that do not apply for new exporter/importer registration numbers by December 31, from the registry list and not allow them to carry out trading. According to the […]
Continue ReadingLNG plant, terminal to be constructed in Thilawa
Source : Myanmar Times (Click here to see original article) | Author : Chan Mya Htwe A consortium of Myanmar and Japanese companies will construct an electricity generation plant and liquefied natural gas (LNG) terminal at the Thilawa Special Economic Zone, said U Han Thaw Zay, Executive Director of Myanmar Agribusiness Public Corporation (MAPCO), one […]
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