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 […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of May & June 2018

Name, Venue & Organizer Date Myanmar Medical Heathcare Exhibition & Conference, Tatmadaw Exhibition Hall, Yangon, Mita Services Pte Ltd 09-11 May 2018 Sportex Vietnam, Rose Garden Hotel, Yangon, Minh Vi Exhibition & Advertisement Services Co. Ltd (Veas Co. Ltd) 28-30 May 2018 2018 Retail Banking Forum – Yangon, Yangon, Charlton Media Group 01 Jun, 2018 […]

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) […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of March & April 2018

Name, Venue & Organizer Date Myanmar Insurance Summit, Sule Shangri-La Yangon, Yangon, Asia Insurance Review 06-07 Mar 2018 MYANMAR INTERNATIONAL EDUCATION & FRANCHISEE FAIR, Gandamar Grand Ballroom, Yangon, Api99 Resources Pte Ltd 10 Mar 2018 Housing and Building,  Tatmadaw Hall, Yangon, Dagon Exhibitions 17-19 Mar 2018 Myanmar Infrastructure Summit, Sule Shangri-La Yangon, Yangon, Confexhub Sdn. […]

What Myanmar’s Facebook supremacy means for business

Written by Ben Roache The way people use the internet in Myanmar – and, in particular, the dominance of Facebook – has implications for businesses and advertising agencies. IN MYANMAR, Facebook is the internet. While Facebook usage is high in many countries, a very late-stage adoption of smartphones and the internet has created a technology […]

Minimum wage set at Ks4,800 per day

The National Committee on Minimum Wage announced yesterday that Ks4,800 per day, at the rate of Ks600 per hour, has been established as the minimum wage. The official announcement signed by Union Minister for Labour, Immigration and Population U Thein Swe came yesterday following a meeting of the committee on 29 December. The new minimum […]

A baseline survey of Yangon Sector Workforce in the Garment Industry

EXECUTIVE SUMMARY In May 2017, C&A Foundation commissioned Enlightened Myanmar Research Foundation and Andaman Research & Advisory to undertake a study of the garment sector workforce. C&A Foundation and its partners recognized there was a lack of a strong quantitative evidence on the demographics and economic standing of garment sector workers. This executive summary provides […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of January & February 2018

  Name, Venue & Organizer Date Myanmar Oil Gas & Power Summit, Parkroyal hotel, Yangon, Oliver Kinross Ltd 25-26 Jan 2018 International Congress on Geology, Resources and Geo-Hazards of Myanmar and Surrounding Regions, Sedona Hotel Yangon, Yangon, MYANMAR GEOSCIENCES SOCIETY 31 Jan – 02 Feb 2018 Mobile Money & Agent Banking Summit, PARKROYAL Yangon, Yangon, […]

New Condominium Rules allow more flexibility for foreigners

Foreigners will be given more flexibility to invest in the local property sector, according to new rules under the Condominium Law announced Thursday. The Condominium Rules are the final steps of the implementation of the Condominium Law, which was approved last year. The rules, which were signed by the Union Minister for Construction on December […]