Category: Highlights

Total FDI amounted to over USD 1.5 billion this fiscal year

From October 1 to January 10 of 2019-20 FY, total FDI amounted to USD 1546.94 million with an inflow of over USD 538 million in the energy sector topping the list, according to the Myanmar Investment Commission (MIC). The real estate sector came seco

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Retail space up 5% in Q4 2019, occupancy rate healthy

The local branch of real estate services and investment management company Colliers international released its Retail Space quarterly report this week. The reports highlights the growth (+5% QoQ) and modernisation of available retail space in Yangon

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Construction on Yangon elevated expressway project to start in 6 months

U Kyi Zaw Myint, deputy director of the Bridge Management Department under the Ministry of Construction, announced that the government will announce the winner of the much anticipated project of the Yangon Elevated Expressway in April this year with

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Ministry of Commerce: exports up 36% YoY

The MOC’s efforts to boost the countries’ export seem to start paying off. According to their most recently released data, exports were up 36% this fiscal year, from October to December, compared to the same period last year, totaling USD

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Ministry of Investment and Foreign Economic Relations to target Asian FDIs in 2019-20 FY

MIFER’s Permanent Secretary, U Aung Naing Oo, said that his ministry will not expect significant investments from US and EU for the ongoing FY, due to the geopolitical challenges. Instead, the ministry expects FDIs originating from fellow ASEAN

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World Bank releases December 2019 Myanmar Economic Monitor report

During an event at the Sule Shangri-La Hotel in Yangon on Wednesday January 14th, the World Bank Group released its latest iteration of the Myanmar Economic Monitor. Titled “Resilience Amidst Risk”, the report highlights that Myanmar’s

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