Different types of investment entities could be seen in many facets such as that doing business is investment, that sending a kid to school is investment, that providing capacity building to an employee is also investment. More investments reap additional benefits. Therefore, it is universally accepted that the investment is a must for the development […]
Domestic businesses are failing, UMFCCI survey reveals
June 5, 2018 by
Domestic businesses are struggling to grow and many are on a downward trend, according to the latest survey conducted by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). The UMFCCI’s survey supports the findings of two previous studies conducted in the last six months by Roland Berger and the European Chamber […]
Next finance minister expected to rescue confidence, speed up bank reforms
June 5, 2018 by
The government has to find someone who can pick up the baton swiftly and restore confidence to an increasingly frustrated business community since U Kyaw Win has resigned as planning and finance minister. With economic reforms slowing and plummeting of investor confidence, the next office-holder needs to communicate the reform blueprint to the private sector, […]
Myanmar region woos French FDI
May 2, 2018 by
Myanmar’s underdeveloped Tanintharyi region bordering Kanchanaburi province plans to attract European investment mainly from French companies in the months to come, according to Phyo Win Tun, planning and finance minister of the Tanintharyi region government. “At the regional government, we frequently receive business delegations from Europe, including France, Italy, Czech as well as from other […]
Mandalay approves investments exceeding K1.4 billion
January 25, 2018 by
The Mandalay Region Investment Committee has approved over K1.4 billion in investments since the Myanmar Investment Law was approved in October 2016, U Thike Htoon, assistant director at the Directorate of Investment and Company Administration (DICA), said on Monday. The investments were approved for the first time after the Myanmar Investment Commission (MIC) established Region […]
Government expects growth of 6.8pc in 2017-18
January 16, 2018 by
Despite the slowdown in economic growth, the growth rate for Myanmar is expected to reach 6.8 percent for the fiscal year 2017-18, U Htin Kyaw, the country’s president, said during the national planning commission’s meeting on Tuesday, according to the president’s office. This is because the weather in the time of harvest was favourable as […]
