Laws to protect intellectual property, encourage business in the works

Businesses in Myanmar still rely on outdated colonial-era laws enacted by the British more than one hundred years ago to protect intellectual property (IP) rights. The encourage growth, draft laws are being formulated in the Hluttaw to update the country’s regulations covering IP rights, copy right law, industrial law, patents and trademarks for enactment. To […]

Illicit export of pigs from Thailand to Myanmar rampant

The swine industry is in a difficult time, given what is happening in the region and the impact those developments caused, an industry leader said. U Zaw Myo Tun, joint secretary from Myanmar Livestock Federation said that China decided to end imports from Vietnam, due to a territory dispute at sea, and Japan stopped the […]

Korean investments could kick start long-delayed construction of Dala Bridge

An industrial zone to be developed by the Yangon regional government and Myanmar Wooree Co, a South Korean firm, at the west bank of the Yangon River could be the impetus needed for construction of the much-touted Dala Bridge to commence. Once the bridge, which will connect downtown Yangon to the western side of town, […]

Shrouded in secrecy, SOE profits are not financing country’s development

Reallocation of excess savings from Myanmar Gems Enterprise (MGE) and Myanma Oil and Gas Enterprise (MOGE) alone could provide more than K2.8 trillion in available financing for the government’s budget in the fiscal year starting from October, on top of covering expenses of the two state-owned enterprises. The government has lost more than US$2 billion […]

Clashing with the law, SEZ body to resurrect Dawei megaproject

Myanmar’s SEZ working body announced that the long-suspended Dawei SEZ project will be resurrected this October, in a move which is set to clash with the Environmental Conservation Law because there is no known site-wide environment assessment conducted or approved. U Than Myint, chair of the SEZ Central Working Body, said during a meeting with […]

Mandalay to rethink wheel tax collection

The Mandalay City Development Committee (MCDC) has announced it will rework the collection of tolls and the wheel tax on vehicles without opening a new tender for the last six months of the 2018-2019 fiscal year. Tolls are one of MCDC’s most lucrative sources of income. Revenue from toll gate collection exceeds K15 billion (US$10.95 […]

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 […]

Legislator questions hotel project at defence museum

A legislator on Tuesday asked the parliament for more details about a US$320 million hotel project at the Defence Services Museum. U Kyaw Zayar, Hluttaw representative of No.2 Dagon township, said he wanted to know the agreement about this project and how the people can benefit from it. The legislator also wanted to know if […]

Ministry, NGOs cooperating on education reform

At yesterday’s meeting of the Amyotha Hluttaw in Nay Pyi Taw, Deputy Minister for Education U Win Maw Tun said the ministry is conducting educational reform by cooperating with Non-Government Organisations (NGOs) in sectors and sub-sectors. The Deputy Minister was responding to a question by U Mahn Law Moung of Constituency 8 in Chin State […]

Japan Investments Expected to Rise

Japan is one of the biggest contributors to Myanmar and provides humanitarian support, loans at low interest rates, technological support and investments in the Thilawa Special Economic Zone (SEZ). Investment from Japanese companies went up after 2011 and has increased further since the democratic government took administration. The following is an interview with Mr. Hiro […]