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 […]
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 […]