Singapore tops list of foreign direct investors

1 Apr 19
The flow of foreign direct investment (FDI) into Myanmar has increased for the first time after a decline for the last two years, according to Myanmar Investment Commission (MIC). This is ...

CBM again issues detailed rules to banks

1 Apr 19
The CENTRAL Bank of Myanmar has reiterated its commitments to ensuring stronger enforcement of banking rules and regulations in the country. On March 25, the CBM again issued instructions covering five ...

Myanmar real estate service law to be enacted within three months

1 Apr 19
The Pyidaungsu Hluttaw will approve a real estate service law within three months, said U Tin Maung Win, chair of Transport, Communication and Construction Committee at Myanmar Real Estate Services Association ...

Education, banking and energy pitched to investors in London

1 Apr 19
Myanmar delegates discussed education, banking, and energy with the British Government and British businesses at the Myanmar Trade and Investment Conference 2019 held in London on March 18, according to the ...

Kargo receives unsecured SME loan from Yoma Bank

1 Apr 19
“With Yoma Bank’s support we will be able to fuel our growth, business growth and drivers’ income, as we seek to realize our vision to provide quality trucking logistics solutions that ...

EU extends US$252 million to support Myanmar education

1 Apr 19
The education budget support programme of the European Union (EU) in Myanmar was launched on March 21 in the capital city. The EU’s support will contribute to equal access to better ...

Hong Kong sets up chamber amid investment push

1 Apr 19
Hong Kong has set up its first ever locally-registered official business group in Myanmar as the National League for Democracy-led administration seeks to bolster the economy and attract more investment. The ...

Myanmar Tourism Bank expands reach to support sector

1 Apr 19
Myanma Tourism Bank will open three branches in Yangon, Mandalay and Nay Pyi Taw within the next two months, U Zin Ko Ko, deputy head of the small and medium-sized enterprise ...

ASEAN-Hong Kong SAR – Free Trade Agreement: A win-win for business

19 Dec 17
A new Free Trade Agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) and a related Investment Agreement are set to create fresh opportunities for business collaboration ...

Requirements on hiring foreigners only applicable to MIC firms

19 Dec 17
The government’s newly expanded requirements on hiring foreign employees announced in October are only applicable to companies permitted by the Myanmar Investment Commission (MIC). The Directorate of Investment and Company Administration ...