A New World Bank report has urged the government to finalise the statutory framework of the accounting and auditing sector and relax restrictions on foreign accountants and auditors to practice in the country. The Report on the Observance of Standards and Codes – Accounting and Auditing, released on June 16, noted that Myanmar’s revisions to […]
Myanmar business environment improves after reforms East Asia and Pacific Makes Steady Progress to Improve Business Environment: Doing Business Report
October 27, 2016 by
Myanmar has improved its business regulatory environment over the past year through reforms on business registration and the enactment of a law that allows the establishment of a new credit bureau, finds the World Bank Group’s annual Doing Business report. The report finds that over two-thirds of East Asia and the Pacific region’s 25 economies […]
Floods, political change hamper Myanmar growth: World Bank
June 2, 2016 by
Myanmar’s growth rate, once one of the world’s most impressive, has dipped following heavy floods and an investment slowdown sparked by uncertainty over its political transition, the World Bank said on Tuesday (May 31). YANGON: Myanmar’s growth rate, once one of the world’s most impressive, has dipped following heavy floods and an investment slowdown sparked […]
Never again: flood-proofing Myanmar
August 28, 2015 by
On the banks of the bursting Ayeyarwady River, U Han Soe sits on a bench in the village school – the sturdiest building for miles around. On the banks of the bursting Ayeyarwady River, U Han Soe sits on a bench in the village school – the sturdiest building for miles around.On the banks of […]
