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Draft Health and Occupational Safety Law submitted to Hluttaw

The draft of the Health and Occupational Safety Law written by the Ministry of Labour, Immigration and Population has been submitted to the Hluttaw, said Minister U Thein Swe. The bill will be discussed in the coming Hluttaw session, he said at the Workplace Safety and Health Seminar on Wednesday. “It depends on the Hluttaw […]

Born to succeed, Italian-Thai president built construction giant

HIGH-FLYING Premchai Karnasuta, president of Italian-Thai Development plc (ITD), is one of Thailand’s most powerful businessmen after three decades of heading the construction giant, operating both in the Kingdom and across the Asean region. ITD, one of the country’s biggest construction firms, is the builder of many well-known infrastructure projects, including Suvarnabhumi Airport, the BTS […]

Construction of Dawei SEZ back on the cards

The government is exploring ways to restart development of the suspended Dawei Special Economic Zone (SEZ), saying the SEZ will benefit Myanmar as well as the region. The Dawei SEZ includes construction of the highway as well as a deep-sea port which will link Thailand, Cambodia and Vietnam in the ASEAN region to India, the […]

Collier Property Report – Yangon CONDOMINIUM Q3 2017

Affordability Remains Unadressed Over the last two quarters, the market has witnessed a slight uptick in demand following extensive pricing promotions for many projects. While this has buoyed overall sales take-up, Colliers sees the performance as temporary, and the strategy as financially unsustainable. We advise developers to look long term instead. Future projects should generally […]

Vietnam’s Viettel to launch 4G network in Myanmar

The Military-run telecom group, Viettel is expected to offer the world’s first 4G Only network in Myanmar in the first quarter of 2018, marking its first steps in the country, according to Vietnam.net. The joint venture was granted a licence at the beginning of the year. However, Viettel has pursued the market since 2002. The […]

TrueMoney unveils new and improved e-wallet features

ASEAN’s leading e-payment provider, TrueMoney, announced today new and improved features for its TrueMoney Wallet application, designed to serve all of the financial needs for people in Thailand and in the ASEAN region, according to a company statement. Apart from the current services of bill payment, mobile top-up, money transfer, and online and offline payments, […]

AFC President strengthens partnership with MFF

Yangon: Shaikh Salman bin Ebrahim Al Khalifa, the Asian Football Confederation (AFC) President, made his first trip to Myanmar this weekend to visit Zaw Zaw, President of the Myanmar Football Federation (MFF), in the capital, Yangon. Shaikh Salman told the President and members of the MFF that the AFC is committed to building strong ties with its members under the […]