Myanmar boosts incentives for infra development, labour-intensive projects

THE MYANMAR Investment Commission, a government body to facilitate both foreign and local investment, has planned plans to provide more incentives for investors in the two areas that are crucial to the country’s growth, labour-intensive industries and infrastructure development, a senior official said. According to Aung Naing Oo, secretary of Myanmar Investment Commission and director […]

Myanmar considers legalising some gambling for more state revenue

Yangon (dpa) – Myanmar plans to legalise some types of gambling, including casinos for foreigners only in upper-tier hotels, an official said Wednesday. “We have finalised the reformed gambling law and are ready to send it to the parliament for suggestion, discussion and then approval,” said an official of the Home Affairs Ministry, who asked […]

Mon State Arrest Linked to Traders Hotel Bombing

Police in Mon State’s Thaton Township detained a man on Tuesday morning who was allegedly involved in the planting of a bomb at Traders Hotel in Rangoon that detonated late Monday night, injuring an American woman. In a statement issued by the township police station on Tuesday, authorities said they arrested Saw Myint Lwin on […]