Category: Highlights

Oil and Gas investments expected to increase in 2020

Union Minister for Investment and Foreign Economic Relations, U Thaung Tun, voiced optimism for FDI in the offshore oil and gas sector in 2020 thanks to the production kick off in some of the already attributed blocks as well as new proposals for exp

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Property market optimistic

Among a surge of readily available units on the market that has driven the property market prices down, professionals remain optimistic about the future of the sector. The tax incentive law as well as more flexible bank loans are expected to boost th

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Myanmar’s economy to grow 6.6% in 2020: World Bank

In its latest iteration of the East Asia and Pacific Economic Update published last week and titled “Weathering Growing Risks”, the World Bank projects a GDP growth of 6.6% in 2020 despite high inflationary pressures. The growth is fueled

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FDI in SEZ

According to figures released by DICA, foreign investments of USD 362.28 million flowed into the Special Economic Zones (SEZs) in the 2018-2019 fiscal year.

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Vital Registration E-Platform launched

Myanmar’s Central Statistical Organization has adopted an electronic platform, known as the Vital Registration E-Platform (eVR), to document and archive birth and death records at Union and State/Region levels supporting e-government initiative

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Myanmar launches unicode standard with slogan

The inauguration of Myanmar Unicode migration took place with the slogan of “Let’s Migrate All Together to Myanmar Unicode Standard System” in October, 2019.

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