Category: Highlights

Thai-Myanmar border trade down over 10%, overall trade up in current fiscal year

The Ministry of Commerce published the latest official statistics on the value of the Thailand-Myanmar border trade from 1 October 2019 to 1 May 2020 this fiscal year, and the value is down by more than 10% compared to last year. For the first seven

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H&M, Inditex Sign ‘Framework for Action’ to Protect Myanmar Garment Workers

Some of the world’s biggest fashion brands have signed a “framework for action” aimed at protecting Myanmar’s garment workers from the worst impacts of the COVID-19 pandemic. The global brands that have endorsed the statement (so far H&M

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The competition is on to acquire Myanmar’s biggest telecommunications tower company

Incorporated in 2014, Irrawaddy Green Towers (IGT), which has become the single largest independent operator of telecom towers in Myanmar with a nation-wide portfolio of towers shared by multiple operators, is, according to reports from Bloomberg and

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Myanmar to launch its first satellite in 2021

The Nikkei Asian Review reported that Myanmar plans to launch its first satellite in 2021 with the help of Japan’s Hokkaido University and Tohoku University, using Japanese technology. The satellite will be an earth observation satellite, which

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Real-estate sector suffers from Covid-19 outbreak

According to two reports recently released by Colliers International, a real-estate consultancy with office in Yangon, both retail and office markets are suffering from the waves brought about by the Covid-19 outbreak. For the retail market, the repo

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EU expected to add Myanmar to its list of money laundering countries

Reuters revealed that a document from the EU Commission expected to be published today, will add Myanmar and other countries to an existing money laundering blacklist. Under the draft proposal, the Commission added Panama, the Bahamas, Mauritius, Bar

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