Submitted by Eleven on Mon, 10/09/2017 - 21:50
As of September of this fiscal year, oil and gas, mining and construction sectors had not yet seen an inflow of foreign investments, according to the Directorate of Investment and Company Administration.
Submitted by Eleven on Mon, 10/09/2017 - 17:52
Eighteen container shipping lines with 51 vessels are providing container-handling services at the container ports in Yangon.
Yangon has six container ports – AWPT, HPT, MIP, MITT, BSW and AIPT – with berths for 69 vessels. A total of 51 vessels are currently operating.
“Eighteen container shipping lines are currently allowed and there are 51 vessels running, but 19 have stopped,” said an official of Myanmar Port Authority.
Submitted by Eleven on Fri, 10/06/2017 - 07:00
Myanmar’s garment industry is worker-based and creates job opportunities for women even with basic education level besides attracting foreign investment, the Union of Chamber of Commerce and Industry (UMFCCI) said at a press conference on October 4.
Submitted by Eleven on Thu, 10/05/2017 - 06:53
Total investments by Myanmar citizens in 11 business sectors until September exceeded Ks14,659 billion, with the property sector topping the list.
Submitted by Eleven on Sun, 10/01/2017 - 00:26
Myanmar Investment Commission (MIC) is left to allow up to 15 foreign investments worth of US$400 million, said Deputy Director General San Myint from the Directorate of Investment and Companies Administration (DICA).
The MIC is also left to allow local investments worth of Ks 1.434 trillion, he said.
Moreover respective investment commissions found in regions and states are also allowed in respective regions and states, he continued.
Submitted by Eleven on Sat, 09/30/2017 - 16:31
The Myanmar Banks Association
Submitted by Eleven on Fri, 09/29/2017 - 05:07
Submitted by Eleven on Wed, 09/27/2017 - 06:46
HOTELS in Bagan, Myanmar’s main zone for ancient monuments, are not expected to be profitable this year, following the decline in tourist arrivals, according to Zaw Weik, chairman of Myanmar Hoteliers Association (Bagan Zone) and managing director of U Zaw Travels & Tours.
Zaw Weik said in an exclusive interview that Bagan welcomed over 300,000 tourists last year, 13 times less than Cambodia’s Siem Reap. He said tourist arrivals in Bagan declined 26 per cent last year from the figure for 2015.