The Chin State government wants to prioritise a number of hydropower projects in order that more development can come to the state, which is the poorest in the Union. The state, bordering Bangladesh and India in western Myanmar and traversed by a number of mountain ranges with fast-flowing rivers, has seen much interest from foreign […]
Jotun opens factory in Myanmar
November 26, 2017 by
Jotun, a privately-owned Norwegian paint maker, has opened a K14 billion factory in Bago Region. Located in the Bago Foreign Industrial Zone, the 4-hectare plant will provide paint manufacturing jobs for more than 60 employees. Jotun first entered Myanmar in 2013 before obtaining an investment license to build the factory from the Myanmar Investment Commission […]
Telenor CEO: Warned Myanmar on telco tax
April 6, 2016 by
Norwegian multinational Telenor is cautious about the impact of a new commercial tax planned by Myanmar on the country’s millions of mobile users, its chief executive said Friday. Myanmar, one of the world’s hottest frontier markets, is launching a 5 percent tax for mobile usage effective Friday, a move that comes amid fierce competition […]
