The Myanmar Times
Sunday, 20 April 2014
The Myanmar Times
The Myanmar Times

Policy changes disrupting for car importers

Local car dealers tired of losing money due to frequent and erratic policy changes regarding imports blame the government for creating an unstable market.

 

Continue reading »

Mandalay rice down on pest issue

The price of rice in Mandalay is likely to remain high until April as an infestation of pests in the area’s main supplier, Sagaing Region’s Shwebo and Wetlet, has destroyed hectares worth of paddy, said rice experts.

Continue reading »

The Fine Print: Legal & tax insight

As property prices and rents continue to balloon in Myanmar, a longer term lease may well be a more attractive option to investors, write consultants Alessio Polastri  and Wint Thandar Oo.

Continue reading »

Businesses worry red tape will remain an obstacle despite reforms

Cutting red tape in line with regional standards is going to be an uphill struggle for many government departments, experts said, as the government has instructed its ministries to simplify bureaucratic procedures to meet ASEAN standards by the end of March.

Continue reading »

PTTEP to invest $3.3b in oil and gas projects

State-owned Thai oil firm PTT Exploration and Production Plc (PTTEP) will spend US$3.3 billion over the next five years to develop onshore and offshore gas projects throughout Myanmar.

Continue reading »

New govt taskforce for health insurance trial

Private international insurance company representatives are to serve in a special task force created to introduce a health insurance system to Myanmar, the Ministry of Finance and Revenue has announced.

Continue reading »

UN works with industries on reducing emissions

The United Nations Industrial Development Organisation has held workshops as  part of a new project aimed at reducing greenhouse gas emissions.


Continue reading »

"Golden City" begins to take shape

Singapore-owned development firm Uni Global Power Ltd and its local partners have rolled out plans to build a US$230 million complex in Yangon’s Yankin Township.


Continue reading »

IFC gives $5m to develop trade sector

The International Finance Corporation (IFC), part of the World Bank, announced they will to provide US$5 million to the Myanmar Oriental Bank (MOB) in an effort to bolster trade.

Continue reading »

Electricity issues to threaten big industry

Yangon industrial estates are facing the prospect of another summer of massive power outages, costing industrialists hundreds of thousands of dollars in profit.

Continue reading »