Government officials have raised the need to restructure most of Myanmar’s state-owned factories, as just four out of the 57 factories controlled by the Ministry of Industry (MOI) are now making money. Around one third of these factories need to be closed down with the MOI losing about K300 billion-K400 billion each year, said U […]
Lawmaker urge parliament to include jail terms in labour law amendment
December 14, 2018 by
In 2014, Myanmar enacted an amended Labour Dispute Settlement Law. Three years later the Ministry of Labour, Migration and Population submitted a second amendment bill to Pyithu Hluttaw (Lower House), which discussed and approving the amendments. The bill was then sent to Amyothar Hluttaw (Upper House). Dr. Khin Ma Gyi, an Amyothar Hluttaw Representative, urged […]
Construction sector to submit draft Apartment Law to parliament
August 1, 2018 by
The Myanmar Licensed Contractor Association (MLCA) has drafted a proposed Apartment Law to address a regulatory gap in the property sector. Its aim is to generate more demand and create a market for apartments in Myanmar. The MLCA’s Apartment Law seeks to regulate apartment buildings developed on land areas of less than 20,000 sq ft. […]
Government needs to provide more info when seeking foreign loan approvals
March 16, 2018 by
Insufficient documentation when the Union government submits proposals seeking Parliamentary approval on foreign loans have made decisions difficult, some MPs pointed out Monday when discussing loans from the Asia Development Bank (ADB) and ASEAN Infrastructure Development Fund in Parliament. MP U Than Soe from Constituency 4 of Yangon Region said he had to search for […]
