South Korea’s Daewoo Granted Lease on State-Owned Car Factory, Plans to Start Making Busses Locally

The government has agreed to lease a state-owned factory to a joint venture between South Korean bus-maker Daewoo and local compa­ny Myanmar Trade Centre, paving the way for Daewoo buses to be built locally. By letting the factory, which is located in Htauk Kyant in northern Yangon, the government is putting into action its economic […]

MTC opened to woo foreign buyers

The Myanmar Trade Centre has been opened to boost the country’s exports and woo foreign buyers. The MTC, officially launched on Saturday, is located at Yangon office of the Commerce Ministry. MyintSwe, the PM of Yangon Region and other regional government officials, Win Myint, the union minister of commerce and other officials, Win Aung, the […]

Myanmar Trade Centre reopens after decade-long closure

The Myanmar Trade Centre will resume its operations and local businesses are expected to lease exhibition and meeting venue, Directorate of Trade, Ministry of Commerce, said yesterday. The MTC was shut down following a bomb explosion in May, 2005. Its reopening is slated for later this month. Business operators can lease the MTC for showcasing […]