<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> A full percentage of people living in rural areas of Yangon Region will have access to electricity by the end of December this year, said Chief Minister Phyo Min Thein. The chief minister disclosed the information during the inauguration of Gyobyu and Theingon power sub-stations in Taikkyi […]
New Asian trade deal leaves US on the sidelines
November 20, 2020 by
After US President Donald Trump in 2017 scrapped a Trans-Pacific trade deal assembled by the Obama administration and 11 other governments, countries from Vietnam to Australia paused to ponder whether a trade agreement would be worthwhile without the United States. After four years and two new trade agreements, the answer from Asia appears to be […]
Yangon given less than 24 hours to “lockdown”, businesses to work from home
September 21, 2020 by
The Ministry of Health and Sports on September 20 instructed the whole of Yangon Region, excluding Cocokyun township, to stay at home after more than 2500 COVID-19 cases were reported in the region in the past 36 days. The announcement 107/2020 signed by the health minister Dr Myint Htwe states that with the increase in […]
China’s coronavirus hits Myanmar economy
February 19, 2020 by
China’s coronavirus epidemic is hitting Myanmar’s important manufacturing and tourism industries as well as disrupting border trade, but in the longer term the crisis could encourage more supply chain factories to relocate from its giant neighbour. “We have lost all our customers,” said Ma Khin Khin Win, director of tourist agency Myanmar YoYo Travels and […]
Locals strive to develop other industries in bid to preserve Mogok’s natural resources
February 3, 2020 by
While Mogok is known for its mining of precious gems as its main industry, local elders are teaming up with relevant government departments to improve their travel industry in order to reduce damaging the natural environment. Restrictions for international travelers to Mogok were relaxed in September 2018 and nearby villages of Bernard, Panlin, and Kaukpyathat […]
Extractive businesses asked to disclose ownership information
January 10, 2020 by
Companies and state-owned enterprises (SOEs) involved in Myanmar’s oil and gas production and transportation, mineral and gemstone industries are required from January 1 onwards to publicly disclose information on beneficial ownership and politically exposed persons. This is in accordance with Notification No.104/2019 dated October 2019 and in line with Requirement 2.5 of the Extractive Industries […]
Sichuan Airlines arrives in Yangon
November 27, 2018 by
Sichaun Airlines launched its first flight to Yangon (RGN) on 13 November, the day in which it started services from Xi’an (XIY). The 2,317-kilometre connection will be flown three times weekly using A320s, with the route facing no direct competition. Jose Angeja, COO, Yangon Airport said: “Sichuan Airlines connects Yangon, the commercial capital of Myanmar, […]
Loan scheme hinders SME growth
September 19, 2018 by
The availability of loan is one of the major challenges for development of Small and Medium-sized enterprises (SMEs) in Mandalay region, according to a talk on the challenges of the SMEs. Head of Mandalay Region SME Department said: “The major challenges of SMEs in Mandalay are: capital, technology, market penetration, access to information and infrastructural […]
New Minimum Wage comes into effect in Myanmar from today
May 29, 2018 by
Washim Mia, Staff Reporter (RMG Times) The Government of Myanmar announced that the new minimum wage structure for the garments workers set at 4800 Kyats per day rate will be legally effective from today, 14 May 2018, in the country. This is an increase of 33% on the previous minimum wage rate of K3600 which […]
