High hopes for business zone on China-Myanmar border

An ambitious new economic zone at Myanmar’s largest trading point with China will bring new business opportunities for the two countries, officials and residents said at the project’s soft opening in Shan State’s Muse last week. Around 80 percent of Myanmar’s formal overland trade with China passes through a border point a few miles from […]

EU Aims to Strengthen Myanmar’s Garment Sector

The European Union (EU) will provide up to €2 million in funding to promote CSR (Corporate Social Responsibility) activities of Myanmar’s garment industry. “The support will be provided in collaboration with UMFCCI (Union of Myanmar Federation of Chambers of Commerce and Industry) while we will make sure the funds are not used for purposes that […]