The Myanmar Fisheries Federation has requested military-appointed Vice President U Myint Swe to ban building poultry farms above fishing farms through legal means in a meeting with the private sector. The system that uses chicken excretions to feed the fish was highlighted as a concern at the 30th meeting between private companies and vice president-led […]
Businesses call for policy changes to enable smoother operations
A February 22 meeting between the Private Sector Development Committee led by Vice President U Myint Swe and entrepreneurs from the Union of Myanmar Federation Chamber of Commerce and Industry (UMFCCI) saw the fisheries, steel-making, vehicle manufacturing and distribution and border trade promotion sectors call for policy changes to ease the challenges they face when […]
Chin State seeks 10 year tax exemptions
The Chin State Chamber of Commerce and Industry (CCCI) is asking the government for approval to raise the tax-exempt period granted to investors in the state to be raised Ceu Hlei Lian, the chair of the Chin State Chamber of Commerce and Industry submitted the request to the Private Sector Development Committee headed by Vice […]
‘Creating triple wins’: inclusive business in Myanmar
They can create new income opportunities for the poor by engaging them in the value chains of profitable businesses while paying better than market rates. They can also provide goods and services to the poor that address key needs in areas such as health, education, housing, finance, water and sanitation. Inclusive businesses are typically profitable […]
Ministries to hold monthly dialogues to improve private economic sector
The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) has submitted that regular dialogues will be organized in respective ministries and sectors on a monthly basis to help improve private economic sector and expedite business transactions, according to the 27th Annual General Meeting of UMFCCI. “It is true that […]