Trade centre in Mon State to open before year end

21 Oct 19
A local trade centre in Mon State is expected to open before the end of this year, U Phone Myint, a member of the Mon State Chamber of Commerce & Industry, ...

Gas from block A6 to commercially viable in 2023

21 Oct 19
Commercial gas production will commence at the A6 block Shwe Yee Htun-2 discovery, offshore Myanmar, in 2023, U Zaw Aung, a retired director general of the Oil and Gas Planning Department ...

Myanmar economy to grow by 6.6% in 2020: World Bank

21 Oct 19
The Myanmar economy is projected to grow by 6.6 percent in 2020, according to the World Bank, a tad higher than its 6.5pc projection for this year. Ref: https://www.mmtimes.com/news/myanmar-economy-grow-66-2020-world-bank.html

Yoma Strategic partners with Ayala in renewables

21 Oct 19
Yoma Strategic and Philippine conglomerate Ayala Corporation will form a joint venture focusing on Myanmar’s renewable energy industry, the companies announced. Ref: https://www.mmtimes.com/news/yoma-strategic-partners-ayala-renewables.html

Lower tax rates, higher liquidity expected to boost property market

21 Oct 19
Real estate developers in Myanmar are expecting a boost in the number of property transactions in fiscal 2019-20, which they hope will help jumpstart the local property market. Ref: https://www.mmtimes.com/news/lower-tax-rates-higher-liquidity-expected-boost-property-market.html

Thai property developer wants to invest in Myanmar

21 Oct 19
Thai property developer Ananda Development Public Co Ltd wants to expand into Myanmar and is now looking for suitable partners in the country, its officials told Myanmar journalists in Bangkok on ...

Yangon plans logistics hub, truck terminal to ease congestion

22 Sep 19
Yangon is planning to build a logistics hub and truck terminal in the outskirts of the city to ease traffic congestion and provide enough parking space for trucks, said Yangon Region ...

Parliament approves tax law with rates starting at 3pc

22 Sep 19
Parliament on Thursday approved the 2019 Union Tax Law, under which the tax rate for unassessed income is now as low as 3 percent. Under the new law, tax rates will ...

Govt to focus on supporting growth of digital economy, telecoms infrastructure

22 Sep 19
A senior government official says that the government is set to focus on supporting the digital economy next year.Deputy Director General of Posts and Telecommunications U Than Thun Aung said this ...

Japanese company launches first phase of cold-storage facility in Yangon

22 Sep 19
Japanese company Fukuda & Partners Co Ltd (F&P) has launched what it says is the first logistics facility with refrigerated and cold storage facilities in Yangon City. Ref: https://www.mmtimes.com/news/japanese-company-launches-first-phase-cold-storage-facility-yangon.html