Richard Bowles, regional managing director for ASEAN at Arianespace, which launches satellites, is convinced banks’ struggle to reach Myanmar’s unbanked population will end with the launch of its first satellite, slated for some time next year. “Satellites are an important part of a country’s economic development. Looking at Myanmar’s satellite leasing capacity, it’s a good […]
Banking on Satellite Communications
January 16, 2018 by thiha
Filed Under: Latest News Tagged With: ASEAN at Arianespace, Automated Teller Machines, Bank Rakyat Indonesia, BRI, mandalay, mpt, Myanmar Posts, Richard Bowles, telecommunications, U Myint Swe, Vice President U Myint Swe, Yangon
HK Chief Executive Carrie Lam wants more trade with Myanmar
September 16, 2017 by Thiha
Hong Kong (HKSAR)-The Chief Executive, Mrs Carrie Lam, continued her visit to Myanmar in Yangon today (September 16). Mrs Lam attended the 14th World Chinese Entrepreneurs Convention (WCEC) in the morning. Themed “Setting up Historical Milestones through the Economic Reform of Myanmar”, the WCEC was attended by some 2 000 leading Chinese entrepreneurs from around […]
Filed Under: Latest News Tagged With: 14th World Chinese Entrepreneurs Convention, asean, Belt and Road, chairman, Chinese entrepreneurs, Chinese People's Political Consultative Conference, foreign investors, Free Trade Agreement, garment factory, Guangdong-Hong Kong-Macao Bay Area, Hong Kong, Hong Kong entrepreneurs, land and manpower resources, Mr Wang Qinmin, Mrs Carrie Lam, Myanmar, the All-China Federation of Industry and Commerce, the Association of Southeast Asian Nations, The chief executive, the National Committee, the Vice President of Myanmar, U Myint Swe, vice chairman, WCEC, Yangon, Yangon River
Tough Tax Policy, Lack of Capital Access for Myanmar SMEs
August 29, 2017 by thiha
Small and medium enterprises (SMEs) in Myanmar suffer from arduous tax and monetary policies and lack of access to capital and intellectual property protection. SME owners feel the government needs to address these issues as there are no business category for entrepreneurship and opportunities in emerging fields, such as digital applications and software. Taxes are […]
Invitation to submit Proposals for construction of warehouse, and dry ports at Yangon Ports to be submitted to MIC
June 19, 2017 by thiha
Subscribe to our tender alert mailing list In at meeting between the public sector led by Vice President U Myint Swe and the private sector held on 15th June at UMFCCI. It was announced that companies who wish to construct bonded warehouses and dry ports at Yangon ports can now submit proposals to Myanmar Investment […]
Filed Under: Tenders & Awards Tagged With: Dry Port, MIC, submit proposal, U Myint Swe, UMFCCI, Vice-President, Warehouse, Yangon Port
Rangoon Lawmakers Demand Action from Officials Over Lost Billions in Business Dealings
May 1, 2017 by thiha
RANGOON — Rangoon Parliament’s bill and public accounts committees on Wednesday urged the regional government to take action against officials responsible for billion kyat losses in state-private joint ventures under the previous government. Parliamentarians discussed joint venture projects that favored certain companies by offering reduced leases on government land and other mismanagement following the committees’ reviews of […]
Filed Under: Latest News Tagged With: Hlaing Township Lawmaker Daw Khaing Mar Htay, Kyauktada Township Daw Kyi Pyar, Myanmar Economic Corporation, Parliament by Daw Khin Hla Than of the Auditor General Office for Rangoon Division, U Kyaw Zeya of Dagon Constituency, U Myint Swe, U Tint Lwin, Yangon City Committee Development, YCDC
Yangon to Commence Southwest New City in April
March 31, 2017 by thiha
Yangon Southwest New City will be implemented by a joint venture agreement between the Yangon Region government and local construction developers, and the government expects the implementation process to start on April 1, 2017. The new city project was discussed by lawmakers at the Yangon regional parliament session last week and the regional government submitted to […]
Filed Under: Latest News, Property Report Tagged With: Business Capital City Development, Chair of the Financing, Chief Minister of Yangon, economic, Kyeemyindaing, Local Construction Developers, MP Daw Sandar Min, Myanmar Construction Entrepreneur Association, Myanmar Times, NLD, Planning Committee, Seikgyi Kanaungto, Seikgyi-Khanaungto, Shwe Popa International Construction, The New City Project, Twante Townships, U Myint Swe, Yangon Mayor U Maung Maung Soe, Yangon Metropolitan Development Public Limited, Yangon New City Project in Kyeemyindaing Township, Yangon Region Chief Minister U Phyo Min Thein, Yangon Region Government, Yangon South West Development Public Co, Yangon Southwest New City
Mooted Yangon Expansion Plans Revived
February 24, 2017 by thiha
Yangon Region Chief Minister U Phyo Min Thein said that the regional government will launch the Yangon New City project in Kyeemyindaing township, but firms involved in the Yangon Southwest New City were not informed about the new plan. A similar plan was initiated by the former regional government under U Myint Swe in […]
Filed Under: Latest News Tagged With: Business Capital City Development, Hlaing River, Hlaing Tharyar Twante Road in Western Yangon Region, Kyeemyindaing Township, NLD, Shwe Popa International Construction, U Myint Swe, U Tin Sein, Yangon New City Project in Kyeemyindaing Township, Yangon Region Chief Minister U Phyo Min Thein, Yangon South West Development Public Co, Yangon Southwest New City, Yangon Southwest New City Project
Multi-Billion Dollar Rangoon Southwest Expansion Set to Begin
February 21, 2017 by thiha
RANGOON — The Rangoon divisional government will begin implementation of a controversial expansion plan in the southwest region of the commercial capital at the end of February, according to Rangoon Chief Minister U Phyo Min Thein. The chief minister made the announcement on Saturday during a meeting with Vice President U Myint Swe and […]
Filed Under: Latest News Tagged With: Business Capital City Development, chief minister U Phyo Min Thein, Daw Nilar Kyaw, industry, Kyimyindaing, MCEA Chairman U Tha Htay, Myanmar Construction Entrepreneurs Association, Myanmar Say Ta Nar Myothit, NLD, Rangoon, Rangoon Division Minister of Electricity, Seikgyikanaungto, Shwe Popa International, The Irrawaddy, The Rangoon Divisional Government, transportation, Twante Townships, U Myint Swe, U Than Swe, UMFCCI, Union of Myanmar Federation of Chambers of Commerce, Vice President U Myint Swe, Xiao Feng, Xiao Sen, Yangon South West Development
Central Bank to Reform Reference Rate
December 7, 2016 by thiha
The Central Bank will reform its daily dollar auction system as part of an attempt to address the weakening kyat, deputy governor U Set Aung told Myanmar’s business community last week. The deputy governor, along with vice president U Myint Swe, Minister for Finance and Planning U Kyaw Win and Yangon Region Chief Minister […]
Filed Under: Latest News Tagged With: China, Commercial Banks, Customs Department, financial sector, industry, Informal Market, minister for finance, Myanmar Business Community, Planning U Kyaw Win, the Central Bank, U Myint Swe, U Set Aung, U Soe Thein, Union of Myanmar Federation of Chamber of Commerce, Yangon Region Chief Minister U Phyo Min Thein
Mayor: ‘New City’ Going Forward, Imperative For Yangon’s Future
November 8, 2016 by thiha
The Yangon Region government is pressing ahead with plans in the commercial capital townships of Twante, Seikgyi Khanaungto and Kyeemyindaing for the “new city” development, in line with a broader master plan it has for Myanmar’s biggest city, Mayor U Maung Maung Soe told the regional parliament last week. U Maung Maung Soe said the […]
