The Myanmar Times
Saturday, 20 September 2014
The Myanmar Times
The Myanmar Times

Job creation falling short: U Serge Pun

Prominent businessperson U Serge Pun said Myanmar has a mixed scorecard on job creation, and is not seeing the employment growth it could achieve.


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MPT revamp begins with Japanese partners

MPT revealed its joint management team with its Japanese partners last week as competition in the mobile sector heats up.

 

 

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Garment industry hopes for ordering rush from the West

The garment industry is looking to Western orders to help it diversify, as exports look set for a record year.

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Banks brace for September licences

The domestic financial industry is rife with speculation on which foreign banks will receive licences to operate, though local banking players say little about the process has been revealed to them.

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Swiss giant Nestlé moves into food and beverage production

Swiss food manufacturer Nestlé SA has confirmed it will invest around US$50 million in Myanmar’s food and beverage industry over the next six years. 

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Thilawa attracting foreign firms as tenants

Thilawa has attracted formal interest from dozens of companies, but competitors say local firms are reluctant to commit to the long-term leases required by the special economic zone.

 

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Moving beyond the “crony” label

The word “crony” can be an unfair label for Myanmar companies working toward greater transparency, according to Vicky Bowman, director at the Myanmar Centre for Responsible Business (MCRB).

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Credit committee selects S’pore firm

Singaporean firm NSP Holdings has been selected to assist Myanmar with setting up a credit bureau, said a senior official from the Credit Bureau Development Committee.

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Unlocking Myanmar’s potential

With change comes opportunity: an apt maxim for Myanmar as it emerges from decades of isolation. 

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Biggest slice yet for onshore local partners

The two latest production sharing contracts for onshore oil and gas includes the biggest share yet for the local partner.

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