Excel KC Myanmar disqualified from implementing Yangon Payment System for Yangon public transport system

Excel KC Myanmar will no longer be eligible to build and implement a card payments system covering public transportation, the Yangon Regional Government said on April 21. After discussing terms of the contract, the government said Excel KC Myanmar did not have the necessary qualifications to implement the Yangon Payment Services (YPS) system and that […]

Myanmar Investment Commission to open up education sector to private investment

Under MIC Notification 7/2018 dated 20th April 2018, the Commission announced that it may permit investor to carry out investments in the following types of education services in the form of private schools teaching a curriculum prescribed by the Ministry of Education and relevant Ministries or an international curriculum.   Private basic education school; Private […]

Yangon Investment Forum – 9 May 2018 Novotel Yangon Max

Yangon Investment Forum 2018 is organized by the Yangon Region Investment Committee (YRIC) and the Department of Investment and Company Administration (DICA), with the Myanmar Investors Development Association (MIDA) acting as the Main Sponsor, alongside GIZ, UMFCCI, PwC and Hotel Max as supporting organizations. The theme of the Forum is “Yangon Region: Investment Hub in […]

Emerging countries struggle to grow EU market share of garment

Garment exporters in developing countries are being actively encouraged to seek European orders through various trade agreements, government policies and foreign assistance. But there is also frustration that successful export countries continue to enjoy preferential treatment. Hundreds of garment exporters, most of them from Asia, were looking to pick up European orders at the semi-annual […]

Tender: Implementation of Vocational Skills Development (VSDP) Hospitality Training. Briefing: 26 Apr 2018. Submission Dateline: 4 May 2018.

Swisscontact is pleased to announce a new partnership opportunity for the implementation of hospitality training courses under the Vocational Skills Development Programme (VSDP). The purpose of this tender announcement (TA) is to explain the services to be contracted by the VSDP for the implementation of these courses for an initial contract period of up to […]

Cambodia’s Garment : A sector too big to fail?

Cambodia’s garment sector is the backbone of the country’s export-driven economy and employs 86 percent of all factory workers. But the sector faces threats from increasingly competitive regional neighbours, the inevitable shift to automation and the potential loss of preferential trade agreements. The stakes couldn’t be higher for the country’s economy. About 40 percent of […]

Car trade on recovery path

With the tax policy remaining unchanged, car trade has picked up a bit in the last two weeks, according to the automobile market. A few tax relief measures were incorporated in the draft of the 2018 Union Tax Law. Therefore, dealers were observing the automobile market in the first three months of the calendar year, […]

Euromoney’s Greater Mekong Investment Forum, June 7th 2018, Bangkok

We are pleased to advise you that we have opened registrations for Euromoney’s 2018 Greater Mekong Investment Forum. Returning to the Centara Grand Bangkok on the 7th June, this year’s agenda will explore the opportunities ahead for the GMS, and deliver high level insights into key areas of the Thailand 4.0 initiative and the collaborative […]

The Chicken & Egg problem – raise Minimum Wage first or Productivity?

  The decision by the National Committee for Designating Minimum Wage on January 2nd to increase the minimum wage has left many in the garment industry dissatisfied. Union officials believed that the new minimum wage of K4800 was not enough to cover the increasingly high cost of living, especially in the cities. Instead, they advocated […]

Uber just sent out message to all subscribers in Asia to download Grab apps by 8 April 2018

Is this the end of Uber as we know it in South-East Asia? Isn’t Grab going to maintain a dual brand strategy?   As you already know Uber has decided to sell its business in South-East Asia to Grab. We have received an email from Uber via an email at 11.19 am 26/3/2018 (Myanmar Time) […]