Singaporean pest control firm optimistic on Myanmar

SINGAPOREAN firm Titan Pest Management foresees a bright business outlook for its pest control services, ready to first serve restaurants and hotels and help the public sector raise awareness for better hygiene. “People [in Myanmar] do not really know much about it [pest control],” Nicole Zycinski-Singh, co-founder and director of Titan Pest, said at a […]

Vehicle import supervisory committee to be restructured

A supervisory committee for motor vehicle imports will be abolished and restructured under the new government according to a spokesperson for the Ministry of Commerce. The nine-member committee, created by the former government, has beenresponsible for setting the rules and policies governing car imports. “Abolishing the committee is just an ordinary part of the transition. The […]

Myanmar grants operating licenses to four more Asian banks

YANGON – Myanmar has granted operating licenses to four Asian banks, bringing to 13 the number of foreign banks allowed to conduct business in the previously isolated country. Bank for Investment and Development of Vietnam, State Bank of India, Taiwan’s Sun Commercial Bank and South Korea’s Shinhan Bank were granted preliminary licenses, Myanmar’s Foreign Bank […]

Myanmar to legislate on computer software

YANGON — Computer professionals and government officials will form a committee to legislate on the import and export of computer software, according to Myanmar Computer Professionals Association (MCPA). “There is still no legal structure for software import/export in our country. Taxes on them are also yet to be decided. This is a requirement for the […]