The government has signalled its latest measure to boost the country’s agriculture and husbandry industries by offering loans to farms and lifting the ban on livestock export, according to the Ministry of Planning and Finance. At a meeting with Vice President U Myint Swe and businessmen on July 20, Union Minister for the Ministry of […]
Korea-Backed Industrial Zone to Locate in Northern Yangon
June 24, 2017 by
South Korea and Myanmar have reached an agreement to establish an industrial zone in northern Yangon, and constructions will begin in early 2018, Daw Moe Thida, assistant director of the Department of Urban and Housing Development (DUHD), told The Myanmar Times on June 21. At Nyaung Na Pin township, the industrial complex project will have an estimated area of 570 acres. South Korea state-owned corporation, Korea Land & […]
Inter-Related Challenges for SMEs and Financial Sector
June 22, 2017 by
When developing a country’s economy, the success of small and medium-sized enterprises (SMEs) is a vital part and should be a priority for any administration which is keen to maintain prosperity. In order for strong businesses to emerge and compete with other regional enterprises, enterprises will need to grow and develop. For that to happen, […]
More Economic Zones Needed to Boost Manufacturing: MIDA
June 13, 2017 by
Businesses and economists suggested that economic growth would depend on a growing manfacutring sector, liberalisation and revising the governing framework of different sectors. Deputy minister for the Ministry of Commerce, U Aung Htoo, said that the ministry would boost export and simplify procedures for trade and exports. The comments were made to follow up the […]
