MIC permitted eight enterprises including four garment enterprises

Myanmar Investment Commission (MIC) granted permission to eight enterprises including four garment enterprises, according to an announcement released by MIC. These permitted enterprises include manufacturing of garments under Cut-Make-Pack (CMP) system, manufacturing and marketing the corns, prawns and assorted snacks, sterilized, sweetened and condensed Milk, corrugated carton box and beautification corrugated carton box and cement, […]

Reorganised MIC grants eight licences

In what may be an accelerating trend toward a more value-added economy, the reorganised Myanmar Investment Commission has granted licences to eight companies, including several in the manufacturing sector. This represents a change from the past, when most companies seeking MIC licences were in extractive industries. MIC was reorganised with new cabinet members, private entrepreneurs, and […]

Yangon shanty towns defy chief minister’s order

And still they come: Yangon Region authorities are fighting a running battle against the constant proliferation of illegal shanties, which have continued to spring up overnight despite a city ordinance that any new unofficial residents will be arrested. Most of the new shanties can be found in Hlaing Tharyar township, whose industrial zones are a magnet for unemployed workers […]

Space to Live: Rangoon’s Squatters Place Housing Hopes in NLD Govt

RANGOON — A mother of two children, 34-year-old Thuzar Moe originally hails from the Irrawaddy Delta’s Hinthada Township. She has been living for almost two decades in an industrial zone in Hlaing Tharyar Township on the outskirts of Rangoon, since her family migrated to the area when she was 16 years old. She spoke to […]