The Myanmar Competition Commission will focus on looking into allegations of unfair competition in the market following formal reports of complaints, says U Ko Ko Lay, the secretary of the commission. Myanmar’s Competition Law was enacted in 2015 and the Myanmar Competition Commission was formed in October 2018, to take responsibility for enforcing the law. […]
Thilawa SEZ attains over US$120million FDI in two months
June 2, 2017 by
Over US$122million of foreign direct investments flowed into Thilawa Special Economic Zone (SEZ) so far in the current Fiscal Year 2017-2018, under previously permitted investments by Myanmar Investment Commission increasing. The investors from 16 foreign countries put investments into Thilawa.Last Fiscal Year 2016-2017 saw FDI of US$262.588million. Thilawa received FDI of nearly US$ 980million, including […]
Local Entrepreneurs Take Part in Myanmar’s ‘Largest Ever’ StartUp Competition
June 1, 2017 by
More than 23 teams from a pool of 100 local entrepreneurs have participated in the country’s largest ever startup competition StartUp Challenge 2017, organised by Yangon-based innovation lab Phandeeyar. Over the 9-day competition teams had to learn the “lean-startup” methodology of creating a tech business in one of four categories – Fintech (financial technology), AgTech […]
Facebook ‘ban’ of anti-Muslim slur sparks Myanmar outcry
June 1, 2017 by
Myanmar netizens were in an uproar on Monday after Facebook seemingly banned people from posting the word “kalar,” often used as a slur against Muslims, at a time of rising Islamophobia in the country. Facebook is under global pressure to clamp down on hate speech, violent threats or deliberately misleading information on their platform — […]
Aussie lawyers land in Myanmar for rule of law initiative
May 31, 2017 by
A special counsel from the CBP construction and engineering practice group has joined lawyers from Japan and Myanmar as part of a special program developed by LexisNexis. In April, CBP’s Charles Brannen helped deliver the first The Juris Pilot curriculum as part of a pro bono rule of law initiative to be rolled out in […]
Agribusiness potential for Cambodia, Mongolia and Myanmar
May 31, 2017 by
Double digit GDP growth rates, plenty of farm land and strategically located in Asia. This is why Cambodia, Mongolia, Myanmar are considered emerging markets with huge potential for agribusiness and feed production. Vietnam is considered as one of the fastest growing and most potential Asian countries, as far as livestock numbers and feed production is […]
Indian Railways to export 18 diesel locomotives to Myanmar
May 30, 2017 by
Subscribe to our tender alert mailing list The Indian Railways will export 18 modern diesel locomotives to Myanmar soon. The engines worth about Rs 200 crore are manufactured at the Diesel Locomotive Works (DLW) in Varanasi. The first lot of six locomotives are ready to be shipped next month, while the rest will be delivered […]
Gem Association to take part in Thai Fair
May 29, 2017 by
The merchants from Gem and Jewellery Entrepreneurs Association (Yangon) have been taking part in the event every year since 2014, vice chair Dr Aung Kyaw Win said. “Thai people are skilful in heating and purifying ruby and sapphire. We will have a chance to do business with other countries,” he added. Fifty booths from Myanmar […]
