The Myanmar Times
Monday, 22 December 2014
The Myanmar Times
The Myanmar Times

Govt to target employment agencies

A senior labour ministry official says the government will prosecute labour agencies that do not properly assist workers they place in jobs abroad.

Continue reading »

Yangon hotel room supply to double: minister

Yangon's current supply of 9000 hotel rooms is set to more than double in coming years, says regional tourism minister.

Continue reading »

Rice exports falter on illicit China trade

Officials believe that illegal trade from across the border will result in exports falling to less than half of the government’s target of 3 million tonnes for the fiscal year.


Continue reading »

New airport project now up for grabs

Singapore-led consortium is back in the running for the Hanthawaddy project after original tender winner fails to to meet specifications for the project.

Continue reading »

Myanmar to get credit insurance "this year"

At least two other new policies are in the pipeline as the business sector requires more diverse insurance plans, and the introduction of a credit insurance scheme has been signalled by deputy finance minister Dr Maung Maung Thein.

Continue reading »

Progress on new refinery in Magwe Region stalls

The government still has yet to choose a consultancy firm to carry out impact assessments of a proposed oil refinery in Magwe Region seven months after a deadline for a tender asking them to apply, an official said.

Continue reading »

Gold firm to ditch the ‘tical’ in favour of grams

In an effort to modernise the gold trade, local-based firm Myanmar Gold Development (MGD) will become the first major firm to renounce the traditional measurement known as the tical.

Continue reading »

Parts stolen from 15% of all imported vehicles

Local car dealerships and port officials concede that up to 15 percent of vehicles that arrive in Myanmar through Yangon’s ports are missing parts.

 

Continue reading »

The Fine Print: Legal & Tax insight

A new Special Economic Zones Law was enacted on January 23, granting substantially more tax benefits to export-oriented businesses than the Foreign Investment Law.

Continue reading »

World Bank gives $31.5m for telecoms

The World Bank will provide a US$31.5 million credit toward reforming Myanmar’s telecommunications sector by expanding access and making usage more affordable, it announced on February 6.

Continue reading »