News
Bill Committee advises more flexibility for civil servants’ retirement
The Pyithu Hluttaw Bill Committee has weighed in on ongoing efforts to amend the Civil Service Law, submitting a report to the lower house that recommends lowering the bar for government employees’ retirement. The proposal would allow civil servants to retire after completing 30 years of ...
Efforts made to prevent entry of fake edible oil to Myanmar
According to U Khin Soe, the chairman of Myanmar Oil Millers’ Association, the organisation will take steps to prevent cooking oil with any type of ordour from entering local markets.The association will cooperate with the government to stop cooking oil mixed with an artificial ordour ...
Power plant tender winner to be announced next week
The Ministry of Electricity and Energy will announce the winners of a tender to build a 300-megawatt power plant in Yangon next week, ministry officials said.The tender was issued in July for a five-year contract to supply 300MW of power to Yangon each day – ...
Investigation reveals gold mining destruction in Myanmar
A lengthy investigation published by Radio Free Asia is putting the spotlight on the disastrous effects of the poorly regulated gold mining industry in Myanmar.From unprecedented environmental destruction to the human toll of low-paying and hazardous jobs, RFA’s multimedia story delves deeply into the consequences ...
Myanmar’s 5 growth sectors highlighted
By thiha INFRASTRUCTURE, ICT, agriculture and processing, manufacturing and tourism are highlighted as the most attractive sectors for Thai investors looking to establish a presence in Myanmar. At a seminar hosted yesterday by Bangkok Bank, Nattawin Pongpetrarat, vice chairman of the Thai Business Association of Myanmar, ...
Real estate sector FDI approvals account for bigger share this year
Myanmar’s real estate sector is receiving a far larger share of overall approved foreign direct investment (FDI) so far this fiscal year, according to data from the Directorate of Investment and Company Administration (DICA).As of August 31, real estate had received 15 percent of total ...
French business group seeks trade increase Print
The French Myanmar Chamber of Commerce and Industry is taking a delegation of local firms to France next month, and is planning to a hold a French fair in Yangon later this year as part of efforts to boost trade relations between the two nations.Keep ...
Mon State gov and Seribu Bio-System to jointly undertake crab farming venture
Mon state government and Seribu Bio-System, a Malaysian company, will jointly conduct crab farming in Mon State, said U Tun Htay, the minister for Mon State Agriculture, Livestock and Communication.Keep reading ...
Construction ministry looks to prioritise infrastructure development in rural areas
The government is working through a long list of infrastructure needs to determine priorities for development, the minister for construction told a forum of business leaders in Nay Pyi Taw last week.Speaking at a forum on corporate social responsibility on September 21, construction minister U ...
Lifting US sanctions: right or wrong?
Two weeks ago the Obama administration declared that it will drop all remaining economic sanctions imposed on Myanmar. Since 1997, when the sanctions were established as a response to the gross human rights abuses being committed by the country’s ruling junta, they have prevented any ...
