MoHT hopeful tourism law will ease industry headaches

PLANS are being made to allow the Myanmar Hotel and Tourism Law to be enacted before the current year is out, according to the Ministry of Hotels and Tourism. “There should be laws [in place] for any place or job; sectors are weak without them. Since this law is for development of the tourism sector, […]

Myanmar faces entrenched drug problem

Yangon, Myanmar – The eradication of illegal narcotics has been declared a top priority by Myanmar’s new civilian government under Nobel Peace laureate Aung San Suu Kyi. State Chancellor Suu Kyi instructed government ministers to implement a ramped-up, 100-day plan at the start of May, according to U Zaw Htay, deputy director general of the President’s Office. […]

Myanmar sacks 2 more ministers

YANGON — Myanmar President Thein Sein effectively removed Tuesday the influential minister of information and the health minister by issuing orders that “allowed” them to resign, a move that came after his dismissal of another Cabinet member last month. While no specific reasons were given for the orders to let go of Information Minister Aung […]

Banking – another business step of Shwe Than Lwin

The business empire under Shwe Than Lwin has proposed to open a financial institution, Shwe Rural and Urban Development Bank. In the application for commercial and investment banking license, Shwe Than Lwin said the initial investment capital would be Ks 10 billion, partly financed by the profit earnings from the sale Sky Net TV signal […]