The advent of new government is likely to provide a short-term boost to GDP, but long-term inclusive economic growth will be more difficult, said government officials and economists at a conference this week.
A wave of shop owners urgently looking for new locations after being forced out of the fire-struck Mingalar Market are struggling with inflated rents.
Traditional they may be, but woe betide the cobbler who neglects to follow fashion in the making of velvet shoes. Now that the rains are a memory, and the brief winter is here, ’tis the season for this ancient but ever-voguish form of footwear.
Hong Kong-based company Kerry Logistics has won a concession to operate two inland ports in Myanmar, part of the government’s plan to construct a network of dry ports across the country under a United Nations initiative.