Mining firms forced to disclose contracts

Starting next year, all companies in the extractives sector, both private and state-owned, will be forced to publicly disclose their contracts. Affected industries range from timber logging, to oil and gas, to jade and gemstones. The new rule is mean
CBM permits border trades in yen and yuan denominations

CBM permits border trades in yen and yuan denominations

The Central Bank of Myanmar (CBM) officially introduced Japanese yen and Chinese yuan as settlement options for banks in cross border payments and transfers.
State Counselor Aung San Suu Kyi attempts to promote investment during the opening ceremony of Invest Myanmar Summit

State Counsellor highlights economic opportunities

State Counsellor Daw Aung San Suu Kyi has urged international businesses to invest in Myanmar. She promised to develop an “investment friendly environment”, while speaking at the first official investment conference organised by UMFCCI in close c