Taxes support economic growth, stability and fairness: ministry

3 May 17
The 2017-2018 FY’s national planning; union ministries’ policies, aims, processes and priorities stated that the government will set up a taxation system which will support economic growth, stability and fairness. It ...

Construction industry in decline in early 2017

3 May 17
Writer: Sithu Aung Almost 90 per cent of the construction industry of Myanmar is led by small and medium Enterprises (SMEs) and the industry’s ability to make profit has been declining ...

Microfinance Firm Hayman Secures $1m Loan as Part of Aggressive Growth Plan

3 May 17
Author: Myanmar Business Today A motorcyclist outside one of Hayman Capital’s five branche Photo Credit : Hayman Capital Microfinance lend­er Hayman Cap­ital has secured a $1 million loan from Malaysia’s May ...

World Bank to loan $100 million to Myanmar Financial Development Project

3 May 17
WORLD Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April. The Myanmar Financial Development Project ...

Myanmar to ease restrictions to create loan opportunities for private sector

3 May 17
By Xinhua YANGON (China Daily) – Myanmar government is planning to relax restrictions and rules to create opportunities for providing loan for private sector development, an official report said Sunday. Citing ...

DICA probes foreign investment

5 Apr 17
Writer: EMG he Directorate of Investment and Company Administration (DICA) says it is conducting a survey to create a database of direct investments. The move aims keep to records of foreign ...

US Investors Showing Renewed Interest as Myanmar Pushes Through New Laws

5 Apr 17
American investors are showing in­creasing interest in Myanmar as the govern­ment shows increasing signs that it is commit­ted to overcome legal and development hurdles to make doing business here easier, an ...

Construction on Yangon-Dala Bridge to Begin in April

5 Apr 17
Construction on the Yangon-Dala cross-river bridge, which will link Yangon’s down­town area to the under­developed satellite town, will begin in April this year, the Ministry of In­formation announced last week. When ...

Yangon Fintech Firm Launches Data Services in Bid to Modernise Microfinance

5 Apr 17
Yangon based fin­tech company ThitsaWorks has launched data manage­ment solutions for small and medium microfi­nance institutions (MFIs), as it seeks to take their op­erations out of notebooks and onto screens. The ...

Yangon to commence Southwest New City in April

5 Apr 17
Yangon Southwest New City will be implemented by a joint venture agreement between the Yangon Region government and local construction developers, and the government expects the implementation process to start on ...