Union org to propose minimum wage hike
A year of strikes and labor tensions may result in a rise in the national minimum wage. The Confederation of Trade Unions of Myanmar (CTUM) has said that it will propose raising the minimum wage at this year’s meeting of the National Committe
Thailand to set guidelines for link with Myanmar
The Thai government is mulling the guidelines and standards for the vital infrastructure that will link the country with Myanmar’s Dawei Special Economic Zone. Thailand’s National Economic and Social Development Council (NESDC) has reques
Thai developer to build USD 270 million industrial site
Thai developer Amata Group will partner with the Ministry of Construction on a USD 270 million industrial center outside of Yangon. The Myanmar Investment Commission approved the “Yangon Amata Smart Eco City” on October 21st. The site wi
Myanmar economy may expand as high as 7.1%
Myanmar’s economy has been growing and will continue to grow, says a report by the ASEAN+3 Macroeconomic Research Office (AMRO). The economy expanded by 6.8 percent in the 2018-2019 fiscal year, the report said, up from 6.5 percent in the previ
Myanmar auto industry revs up
Myanmar automotive factories are upping their output in response to higher demand, according to an industry analysis by the Myanmar Times. Production has increased from both Japanese and Chinese brands, taking advantage of growing local demand, im
