UK’s development finance institution CDC Group, an investor in a number of Myanmar businesses, has appointed Myo Zin as its new country representative in the Southeast Asian nation. Based in Yangon, Myo will work closely with CDC’s teams in the London and India office and will play an instrumental role in expanding CDC’s footprint across […]
More than 100,000 apply for QR code to travel in Yangon
More than 100,000 have applied for the QR pass code in Yangon, which allows the holder to travel from one township to another amid a region-wide stayhome order. The QR code is issued only for businesses and there are more than hundreds of thousands of applicants to date, said U Aye Win, general secretary of […]
Myanmar health ministry exempts logistics, airlines and communications business from stay-home order
The previous order by the ministry stated that all private businesses and organisations, except for essential businesses, are to follow the stay-home order 107/2020 bringing confusion among the public on which exact businesses. The new order 108/2020 , on September 22, have expanded the list stating that in addition to essential businesses, including banking and […]
20 CNG stations in Yangon close due to falling demand
20 Yangon CNG stations close on September 16 as the sale of CNG declines, according to a representative of the Yangon Region CNG Sales Department. A total of 41 CNG stations currently sell around 19 million cubic feet of gas each day in the city. Given that consumption rates have fallen by around 50 percent, […]
Worker representative complaints about lack of detail surveys on minimum wage
Apart from Yangon, other regions and states fail to conduct detailed surveys on the minimum wage, said U Win Zaw, worker representative from the National Minimum Wage Fixing Committee. The region- and state-level bodies have to submit their survey reports to the National Committee. The committee will fix the minimum wage rate in May this […]
Migrant worker agencies to be graded on adherence to labour standards
A committee will be formed to prevent abuses by and protect migrant workers against unscrupulous overseas employment agencies, according to the Myanmar Overseas Employment Agencies Federation. Committee members will include a representative from the Ministry of Labour, Immigration and Population, an anti-trafficking police officer, a legal expert, a labour expert, a representative from overseas employment […]
Myanmar Firms Feel Pinch From Abroad
YANGON, Myanmar—The world’s biggest consumer companies are flocking to Myanmar, filling the once-pariah nation and its backward economy with goods previously unavailable to its 60 million people. But not everyone is happy. Some of the country’s biggest conglomerates—plugging away at the cash-strapped market for decades and fighting hard to grow despite crippling Western sanctions—are now […]