Yangon, Sagaing, Bago and Nay Pyi Taw have emerged as the best environments in which to do business in Myanmar, according to the Myanmar Business Environment Index 2020 (MBEI). The Asia Foundation released the MBEI 2020 on December 11. This year’s report is the second after it was first launched in 2019. The MBEI is […]
Vast improvements sought for trade and exchange at Moreh-Tamu border
Myanmar and India recently continued their bid for growing bilateral cooperation at a seminar convened to discuss opportunities of enhancing connectivity between Manipur in India and Sagaing Region in Myanmar and specifically advances to be made regarding trade at the Moreh (India)-Tamu (Myanmar) border. The Myanmar-India Seminar-cum-Workshop on Issues of Formal and Informal Trade at […]
Government approves seizure of over 950,000 acres of unused land
The government has approved the seizure of more than 950,000 acres of unused vacant, fallow and virgin land that had been leased to private entities for agriculture, breeding and mining, a senior agriculture official said on Wednesday. U Myo Tint Tun, deputy permanent secretary of the Ministry of Agriculture, Livestock and Irrigation, said when these […]
Improvements still needed to boost property, construction sectors
Stakeholders in the property and construction sector say there is still a need for a body or organisation to oversee, implement and enforce the regulations under Condominium Law 2016 and Condominium Rules 2017. The lack makes the legislation less effective presently those in the business say. As there are very few condo projects in Yangon […]