Myanmar to ease restrictions to create loan opportunities for private sector
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
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
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
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
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
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 ...
Myanmar legislation fuels investors’ interest
Though multinational companies are still on the waitandsee move to enter Myanmar, the nation’s recent legislative reforms to create a more enabling business environment will create positive signals for foreign direct ...
Govt will assist, not protect, local banks
The government prefers to help than protect local bank services, Union Minister of Finance and Planning U Kyaw Win said. He said this was to encourage finance services in Myanmar to ...
Danyingone wholesale vegetable market to open in April
New Danyingone wholesale vegetable market, which was jointly developed by the MAEX and Yangon City Development Committee, will be opened at the end of April, said Thurein Aung, managing director of ...
British trade mission targets ASEAN integration
The UK Department of International Trade (DIT) is leading a trade mission to Southeast Asia and the delegation will visit Myanmar on March 30 and 31. The trade mission focuses on ...