Business News

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Myanmar Times | The Shan State Government is planning to cooperate with private investors and farmers to cultivate one million acres of maize under a contract farming arrangement in Shan State. This would expand the existing maize acreage in Myanmar by around 50 percent as there is now about 1.9 million acres of cornfields in […]

Myanmar Times | The Ministry of Construction has announced plans to build 21 bridges in the current fiscal year. A total of eight bridges will be above 100 feet length, while the remaining 13 bridges will be built at lengths between 50 ft and 100 ft. The ministry has called for local tenders to construct […]

Myanmar Times | Hong Kong investors expressed interest to look for new opportunities in Myanmar, during a recent webinar organised by the Myanmar-Hong Kong Chamber of Commerce and Industry. Despite the ongoing pandemic, the businesses were interested in various industries, including energy, transport, banking and finance, retail and services. U Thaung Tun, the Minister of […]

The Irrawaddy | YANGON — Myanmar’s investment agency has signed a memorandum of understanding (MoU) with the European Chamber of Commerce (EuroCham) to attract more investment from the European Union as Myanmar drafts an economic reform and recovery plan to address the impact of COVID-19. On Wednesday, the Directorate of Investment and Company Administration (DICA) […]