The Union government on Saturday officially announced changes in the ranks of the Myanmar Investment Commission (MIC). According to notification (61/2018), U Thaung Tun, union minster of Ministry of the Office of the Union Government, formerly a member of the MIC, will now be the commission’s chair. Meanwhile, Dr Than Myint, Union Minister of Commerce, […]
Myanmar insurance industry poised for reform, awaits liberalisation
April 19, 2018 by
Insurance providers in Myanmar can expect a more competitive and promising landscape on which to do business in the near future. With market liberalisation, which will enable firms to offer a wider variety of insurance products, on the government’s agenda, local and foreign providers alike have already started training staff and building management and IT […]
Myanmar woos Indian investors in bid to support healthcare sector
February 28, 2018 by
Myanmar is stepping up efforts to draw much-needed investments into its healthcare sector. During a Market Outreach Programme hosted by the Export-Import Bank of India on Monday, the country sought to promote opportunities and discuss the challenges involved in expanding the sector. The event was attended by Indian investors and healthcare professionals. With demand for […]
Myanmar’s clothing industry promises growth
June 19, 2013 by
Myanmar’s clothing industry is expected to grow as a result of the country’s readmission to a preferential EU trading scheme, according to sources from the industry. The European Union readmitted Myanmar to its trade preference scheme on June 12 which grants developing nations preferential access to the 27-nation bloc for several products in the form […]
