The Reserve Bank of India has issued a circular calling an end to barter trade at the India-Myanmar border.
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The task of securing US$6 billion in foreign direct investment (FDI) during an election year initially seemed daunting, according to MIC secretary U Aung Naing Oo.
Two companies from Korea and a Myanmar conglomerate have submitted a joint proposal to the Ministry of Construction to build an expressway from Yangon to Bago.
International oil companies are kicking off exploration activities in Myanmar offshore, after completing environmental and social impact assessment surveys.
Uptown skateboarders, students and shoppers are in for a finger-lickin’ treat with the opening of the second KFC restaurant in town. Yoma Strategic, representing KFC Myanmar, opened the doors yesterday at Junction Square.
Small and medium-sized businesses say they want to work more closely with US companies but that a number of important changes need to be made first.
Challenges for state-owned banks are likely to increase after the election, with their future tied to economic decisions made by the new government.
Hinthada township in Ayeyarwady Region saw red yesterday, as the streets filled with National League for Democracy supporters.
Local activists have accused a Thai company of “stealing” Myanmar coal. The company’s polluting activities have also spread disease among nearby villagers, they claim.
The public-private partnership formed to introduce a bus rapid transit (BRT) system to Yangon will begin selling shares to the public today.
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