Category: Highlights

Vietnam PM in state visit in Myanmar

Vietnam’s Prime Minister Mr. Nguyễn Xuân Phúc headed a high level delegation in Myanmar earlier this week where he met with President U Win Myint as well as with State Counsellor Daw Aung San Suu Kyi who had just returned from The Hagu

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NTT undersea cable venture to handle surging net traffic

As reported by The Nikkei Asian Review, Japan’s largest telecom player Nippon Telegraph & Telephone (NTT) will work with tech giants to establish a new link between India and Myanmar to handle rapid growing internet traffic and increase ban

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Myanmar’s sea trade up 10% YoY

As reported by Xinhua, Myanmar’s trade through sea routes for current fiscal year (started in October) reached over USD 4.8 billion as of December 6. With USD 2 billion earned through maritime export and imports amounting to USD 2.8 billion, th

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Eurocham releases 2019 Business Confidence Survey and 2020 Business Guides

The European Chamber of Commerce in Myanmar (EuroCham Myanmar), that serves as the voice of European businesses in Myanmar, released its annual iteration of European Business Confidence Survey on December 10th. This Business Confidence Survey aims to

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Hong Kong firm to invest USD 500 million in power generation and supply

Hong Kong-listed CNTIC Vpower Company will invest over USD 500 million in 2 different electricity generation, supply and sale projects in both Yangon Region and Rakhine State. U Thant Sin Lwin, Director-General of the Directorate of Investment and Co

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EU’s Generalised System of Preferences in jeopardy?

According to U Zaw Min Win, chair of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), the EU may be preparing to revoke the Generalised System of Preferences (GSP) status granted to Myanmar. The President of UMFCCI said

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