Business

Foreigners can buy shares at YSX in August

 

From August, foreigners can start buying shares at Yangon Stock Exchange (YSX), said Aung Naing Oo, Director-General of Directorate of Investment and Company Administration (DICA) at an event to clarify the Myanmar Companies Law 2017 and company procedures, at Union of Myanmar Federation of Chambers of Commerce and Industry on July 23.

June sees CPI increase

 

Consumer Price Index (CPI) in June reached 140.13 per cent, up 6.45 per cent compared with the same period last year, according to the report on the CPI and inflation rate issued by the Central Statistical Organization (CSO) under the Ministry of Planning and Finance.

According to the calculation using 2012 as a base year, the CPI hit 132.42 per cent in May, 2017, 139.51 per cent in late February, 139.11 per cent in late March, and 139.82 per cent in late April.

FDI inflow declines in three months

 

From April to June this year, the total foreign investments in local manufacturing sector reached US$ 275.663 million, down US$ 361.708 million compared with the same period last year.  

Projects being drawn to establish agri-zones in Mandalay, Nay Pyi Taw

Projects are being drawn to establish agricultural zones in Mandalay and Nay Pyi Taw in order to manufacture agro-based products and finished goods, accordi

Spectrum conference finds ways for 5G business success

POLICY MAKERS and industry players from Asia-Pacific countries have been gathering in Bangkok to discuss ways to maximise the benefits in store with a transition to fifth generation (5G) mobile communications technology.

At the fourth annual Asia Pacific Spectrum Management Conference held on July 17-19, Du Yeqing, vice-president of the 5G product line at Huawei Technologies Co, said continuous large bandwidth (100 MHz per operator) would improve both investment efficiency and user experience by 10 times and promote mobile broadband to new heights. 

Myanmar remains upbeat on Thai investment inflows

 

NBTC pledges effective spectrum management to embrace Thailand 4.0 initiative

 

Swiss government to implement SME development near Inle region

 
YANGON- Switzerland’s government will be carrying out poverty alleviation tasks, creating new job opportunities and implementing SME development tasks around Inle region, Southern Shan State, according to the Ministry of Commerce.
 
The Swiss Franc 4.8 million worth project will launch from 2018 to 2022, near Inle region, Taungyi Township, Southern Shan State.
 

Zone-B of Thilawa SEZ project in high demand

 

There are high demands for spaces at Zone-B of Thilawa Special Economic Zone Project as Zone-A had ran out. Investors are expanding their businesses, said Dr Than Myint, Union Minister for Commerce and Chairperson of Myanmar Special Economic Zone Central Working Committee.

Aviation infrastructure upgrades under way