Gov’t Working on Final Decision for Myitsone Dam, Minister Says

Government still discussing final deal for Myitsone

The government is still discussing whether or not the controversial Myitsone Dam in Kachin State will go ahead, and if so in what form. Speaking at the Invest Myanmar Summit in Nay Pyi Taw, U Thaung Tun, Minister of Investment and Foreign Economic Re
State Counselor Aung San Suu Kyi attempts to promote investment during the opening ceremony of Invest Myanmar Summit

State Counsellor highlights economic opportunities

State Counsellor Daw Aung San Suu Kyi has urged international businesses to invest in Myanmar. She promised to develop an “investment friendly environment”, while speaking at the first official investment conference organised by UMFCCI in close c
Chin State seeks 10 year tax exemptions

Chin businesses request tax exemption for investors

Business owners in Chin State have requested the government to exempt tax for 7-10 years for domestic and foreign investors. According to an article in Myanmar Business Today, U Khaw Lelian, president of the Chin State of Commerce and Industry, also
Yangon motor show seeks to boost automotive market

Motor show aims to boost Myanmar car industry

The Yangon International Motor Show has opened in the commercial capital, aimed at boosting the automotive industry in the country. The exhibition opened from January for five days at the Yangon Convention Centre. It will feature international brands
Rakhine investment fair to be held in February 2019

Rakhine government aims to boost investment

The Rakhine State government will hold an investment fair at Ngapali Beach, in the south of the state, in February. It is aimed at promoting trade mainly in the areas of tourism, fisheries and agriculture. “Our aim is to generate investor interest

EU to reinstate duties on Myanmar and Cambodia rice

The European Commission(EU) has said it will reinstate duties on rice from Myanmar and Cambodia to protect their own farmers. This comes after a surge in cheaper imports from the Southeast Asian countries in recent years. “An investigation has conf