Create 'News' for main content in 'Home' page
State Counsellor’s statement at Second Myanmar Investment Conference, Meiji Kinenkan Hall. Tokyo (October 22, 2019) “We have been both aggressive and strategic in liberalizing various key economic sectors. Our insurance sector, for example, has recently been liberalized, allowing for 100 per cent foreign owned life insurance companies to operate in Myanmar. Japan’s Dai-ichi Life is […]
Myanmar implemented five initiatives that enhanced its business environment. The city of Yangon strengthened construction quality control by imposing stricter qualification requirements for architects and engineers and invested in its water and sanitation infrastructure. Nationally, Myanmar launched an online company registry platform, thereby merging several procedures and reducing the need for in-person interaction. Myanmar also […]
YANGON—Myanmar and South Korea signed five Memorandums of Understanding (MOUs) on financial, trade and investment cooperation as well as infrastructure projects at the Myanmar-Korea Business Forum on Thursday. Held in Myanmar’s commercial capital, Yangon, the forum was attended by South Korean President Moon Jae-in on the second day of his three-day visit to Myanmar. Moon […]
President Moon Jae-in on Sept. 4 stressed the importance of economic cooperation with Myanmar at a groundbreaking ceremony for an industrial complex and a business forum held in Yangon. At the event themed “Korea and Myanmar, companions of coexist ence and prosperity,” about 200 members of a Korean economic mission and 250 key ministers from […]
Yangon – The U.S. Embassy announced another step to make travel easier between Myanmar and the United States. Myanmar citizens can now apply for a combined B-1/B-2 visa, which allows travel to the U.S. for both business and/or tourism purposes. The single-entry visa is valid for three months and there is no issuance fee. “Building […]
PHOTOS: SBS News The latest in the flood situation in southern Myanmar… • Continuous monsoon rain since the start of the month has resulted to flooding in several areas in Southern Myanmar – Ayeyarwady, Bago, Kayin, Mon, and Tanintharyi. • According to the Department of Disaster Management, a rain-induced landslide occurred in a village in […]
Myanmar’s very own satellite system was successfully launched into orbit on Wednesday after two years of planning. The nation will see improved and faster communications as a result, primarily in far-flung areas. Arianespace, the French service provider, was able to successfully launch two satellites – the Intelsat 39/ Myanmar Sat 2 and EDRS-C, from the […]
State Counsellor Daw Aung San Suu Kyi inaugurated the first phase of a solar power plant project in Minbu yesterday, adding 40MW of power generated by the plant’s first phase to the national grid. Once completed, the plant will have a total capacity of 170MW, and it will produce 350 million kWh (kilowatt hour) per […]
Key Findings: Myanmar’s economy is slowly picking up speed and regaining stability after a volatile 2018, supported by subsiding price and exchange rate volatility.
