Private Sector Development Committee

Fisheries Federation Requests Ban on Building Poultry and Fishing Farm Compound

November 4, 2019 by thiha

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 […]

Filed Under: Latest News Tagged With: China, Daw Toe Nanda Tin, Myanmar Aquafeed Association Chair U Thet Hmu, Private Sector Development Committee, The Myanmar Fisheries Federation, Vice Chair of the Fisheries Federation

Businesses call for policy changes to enable smoother operations

March 4, 2019 by Thiha

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 […]

Filed Under: Latest News Tagged With: Businesses, Challenges, Myanmar Federation Chamber of Commerce and Industry (UMFCCI), Myanmar Fisheries Federation (MFF), Policy Changes, Private Sector Development Committee, smoother operations

Chin State seeks 10 year tax exemptions

January 21, 2019 by Thiha

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 […]

Filed Under: Latest News Tagged With: CCCI, Chin State, Chin State Chamber of Commerce and Industry, Directorate of Investment and Company Administration, foreign investment, industrial zones, infrastructure, Myanmar investment commission, Private Sector Development Committee, tax exemption

‘Creating triple wins’: inclusive business in Myanmar

December 11, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: Businesses, DaNa Facility, Department for International Development, DFID, DICA, Directorate of Industrial Supervision and Inspection, Directorate of Investment and Company Administration, DISI, education, finance, health, housing, Income, innovative, investors, MIC, Myanmar investment commission, NGOs, opportunities, Private Sector Development Committee, value chains, Water

Ministries to hold monthly dialogues to improve private economic sector

December 4, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: entrepreneurs, foreign exchange rate, Private Sector Development Committee, small businesses, UMFCCI, Union of Myanmar Federation of Chambers of Commerce and Industry

Illegal trade takes a heavy toll on country’s economy

October 30, 2018 by Thiha

Smuggling and illegal trade continue to be a major problems for the country’s economy, says the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). According to the Business Sentiment Survey issued by UMFCCI in May, illegal trade stands at sixth among the top 10 issues hampering the country’s economy. The survey was […]

Filed Under: Latest News Tagged With: 2018 Global Illicit Trade Environment Index, Anti-Illicit Trade Forum, Asian Countries, Business Sentiment Survey, China, deputy country manager, Dr Aung Thein, economic development, Economist Intelligence Unit, Illegal Trade, international market research organisation, Minister of Finance and Planning, Ministry of Commerce, Ministry of Commerce Deputy Secretary, Ministry of Planning and Finance, Ms Marie Pegie Cauchois, Myanmar, Myanmar Industries Association Chair, Myanmar Rice Millers' Association, Private Sector Development Committee, Secretary, SME, Thailand, U Aung Kyi Soe, U Khin Maung Lwin, U Nay Lin Zin, U Soe Win, UMFCCI, UMFCCI Secretary, Union Minister, Union of Myanmar Federation of Chambers of Commerce and Industry, United Nations Office on Drugs and Crime, UNODC, Vice President U Myint Swe

Clashing with the law, SEZ body to resurrect Dawei megaproject

July 18, 2018 by Thiha

Myanmar’s SEZ working body announced that the long-suspended Dawei SEZ project will be resurrected this October, in a move which is set to clash with the Environmental Conservation Law because there is no known site-wide environment assessment conducted or approved. U Than Myint, chair of the SEZ Central Working Body, said during a meeting with […]

Filed Under: Latest News Tagged With: 2015 Environmental Impact Assessment, Bangkok, Chair, Charlie Thame, Commerce Minister, Dawei, Dawei megaproject, Dawei SEZ, Dawei SEZ Project, ECC, EIA, EIA consultation process, Environmental Compliance Certificate, Environmental Conservation Law, hluttaw, Htee-Khee village, ICJ, International Commission of Jurists, Italian-Thai Development, ITD, Japan, Loan, Myanmar, National Human Rights Commission of Thailand, NGOs, Premchai Karnasuta, Private Sector Development Committee, Pyidaungsu Hluttaw, Sean Bain, Tanintharyi communities, Tanintharyi Region, Thai firm, Thailand, Thammasat University, the ICJ’s legal adviser, U Than Myint, World Wildlife Fund, WWF

Retailers flag need to regulate e-commerce industry

July 16, 2018 by Thiha

The Myanmar Retailers Association last week submitted a request to regulate the e-commerce industry to Vice President U Myint Swe and the government’s Private Sector Development Committee during a meeting between the latter and local businesses. Retailers say that while a rising number of consumers are now purchasing goods from individuals and businesses online, many […]