The Myanmar Rice Federation’s choice of companies that will be registered for legal exports to China is receiving criticism from small-scale players as well as large businesses.
The Yangon Stock Exchange is slated to start by October, though the securities industry faces a shortage of skilled workers, according to experts.
Myanmar has embarked on an unprecedented campaign of land and forest clearance driven by concessions for large-scale, private agribusiness projects, mostly in contested border territories close to China and Thailand, according to a report released yesterday.
The reserve requirement rate is set to change in the 2015-16 fiscal year, though commercial banks are concerned about how it will play out.
Singapore-listed Yoma Strategic Holdings received a letter from the Myanmar Investment Commission stating it has approved a lease extension for the firm’s large Landmark Development, according to a statement issued yesterday.
Several of the city’s most famous parks will be free to all comers beginning on April 1, though those which are privately owned will charge for now, said U Ko Ko Lin, head of the Department of Playgrounds, Parks and Gardens at Yangon City Development Committee.