EU launches EuroChamber in Myanmar, in big step to closer ties

European firms are expected to bring with them three things – finance, technology, and management, said the presidential economic adviser to welcome the launch of European Chamber of Commerce on Friday. “We need finance. We hope good European companies will come. Global brand names will come. We also hope the European companies will give us […]

Myanmar and Israel sign an agreement to cement bilateral trade

Israeli Ambassador to Myanmar Hagay M Behar and DICA director general Aung Naing sign a reciprocal promotion and protection of investments agreement between at the DICA office in Yangon yesterday. Myanmar and Israel sign an agreement to cement bilateral trade Minister for National Planning and Economic Development Kan Zaw and other ministry officials joined DICA […]

Worker insurance on the agenda

Most construction workers are building up Yangon without any personal insurance, as insurers say they must do more to spread knowledge of their services. Construction is a notoriously risky industry to work in, but even long-time labourers say they usually have no protection in the case of accidents. “I’ve been working in construction for ages,” […]

DuPont to foray into Myanmar

American science and chemical giant DuPont has set its eyes on Myanmar as part of its ASEAN expansion strategy and will open an office in the Southeast Asian country this year, a top executive said. “Our regional team has done a lot of good work to get us started in Myanmar. We are in the […]