New marine breeding zones in Twante, Yangon to accelerate GDP growth

The plan will be implemented in the Twante and Yangon areas, he said at the meeting with the vice president and businesses. “The current government is very much interested in the fisheries sector. The sector can contribute immediate benefits for faster GDP growth. So, negotiations are underway to implement a special fisheries project in Twante […]

Foreign investment slumps by nearly US$ 650 million

Foreign direct investment (FDI) as of the end of November in the current fiscal year slumped by nearly US$650million when compared to the similar period last year, according to statistics released recently by the Directorate of Investment and Company Administration (DICA). In the same period, FDI of US$3,943.184million entered Myanmar in the 2015-2016 fiscal year, […]