The Myanmar Times
Saturday, 01 November 2014
The Myanmar Times
The Myanmar Times

Bottom 10 in global competitiveness: WEF

Myanmar finished near the bottom of this year’s World Economic Forum global competitiveness report at 134th, ten spots from last place, though noted there is lots of economic potential.

Continue reading »

Liquor licence hangover as Yangon fee rise becomes law

Liquor businesspeople may be reaching for the bottle for consolation after Yangon Region’s decision to raise the annual licence fees that shops and manufacturers must pay to operate.

Continue reading »

Are the doors for foreign firms open too wide?

The Myanmar Investment Commission’s move to open up all but 10 business activities to foreign investment has drawn opposition from some local businesspeople, who say it is a step too far.

Continue reading »

No change to car values, dealers plead

Frequent changes to the list of values used to assess automobile import taxes should come to an end, says head of Myanmar Automobile Manufacturers and Distributors Association.

Continue reading »

Telcos take stock of census results

Both Ooredoo and Telenor had pegged Myanmar to have a higher population than was revealed in the August 29 preliminary census results, though the telcos have not yet stated whether this will affect their plans in the country.

Continue reading »

Industry insiders in a flap over poultry growth figures

Industry association members warn cheap frozen chicken from abroad could undercut the the sector just as producers are beginning to experience accelerated growth

Continue reading »

A broad perspective on sovereign wealth funds

A recent opinion article in The Myanmar Times ("Caution urged over a sovereign wealth fund", Oliver Gilbert, MTE 740, page 32) concluded as follows: "Myanmar currently lacks the basic inputs, needs or governance to responsibly manage a SWF.” Regrettably, the article implies that any thoughts of creating a SWF in Myanmar should be dismissed.  In my view, however, there is much to gain from an active public debate now on the pros and cons of this policy option.

Continue reading »

Muse to woo jade traders across the China border

Muse is setting up a jade market in an attempt to woo jade traders to the Myanmar side of the border with China, according to Muse township Pyithu Hluttaw representative U Sai Boe Aung.

 

Continue reading »

No more changes to car import values, dealers plead

Frequent changes to the list of values used to assess automobile import taxes should come to an end, said U Soe Htun, chair of the Myanmar Automobile Manufacturers and Distributors Association.

Continue reading »

Fee increase hits Yangon liquor sellers

Liquor businesspeople may be reaching for the bottle for consolation after Yangon Region’s decision to raise the annual licence fees that shops and manufacturers must pay to operate.

Continue reading »