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Mandalay govt to make regional laws more responsive

Authorities are looking into amending Mandalay’s City Development Law to make it more responsive to the needs of the people. The law was first enacted in 2014 and after the ruling National League for Democracy (NLD) came into power in 2016 it amended the law by holding elections for the municipal committee members. Over the […]

Ministry of Construction, Department of Rural Road Development, Invitation of Open Tender,Submission Date: 14 September 2018.

1. The Republic of the Union of Myanmar has received a Grant from Federal Republic of Germany (KfW Bank) through its Department of Rural Road Development (DRRD) under Ministry of Construction towards the cost of Rural Road Rehabilitation Programme (RRRP) in Kalay Township. 2. The DRRD invites sealed bids from eligible bidders for the following […]

Why the construction sector is ailing and how it could recover

To help the construction and real estate sectors expand and stay profitable, government support in the form of tax and loan policy reforms is necessary, developers said. Currently, developers must pay taxes of up to 10 percent on the sale of condominium units priced between K100 million to K500 million. Meanwhile, buyers must pay a […]

What is the Future of the Media in Myanmar?

The media – once termed the “Fourth Estate” in society by British parliamentarian and philosopher Edmund Burke – plays a vital role in shaping democracy and open public discourse. Its role is particularly important in new democracies, as societies develop both economically and politically, with the people given the opportunity to think critically and vote […]

Crop insurance, land reform and investment are essential to Myanmar’s agricultural sector

Q: What is the state of the rice industry in Myanmar? A: The government relaxed its control of the rice industry in 2003. Since FY2012-2013, rice export volume has exceeded one million tons per year. Q: Rice from Myanmar does not meet international standards and fails to sell for good prices in the international market. […]

Dutch businesses keen for deals in Myanmar

A DOZEN Dutch companies took part in the Netherlands’ first trade mission to Myanmar last week, reflecting keen interest to expand business ties. Dutch ambassador Wouter Jurgens said the mission, from June 7-9, was part of efforts to build on these relations. Jurgens said the Dutch companies discussed opportunities with Myanmar business people in a […]

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 […]