Myanmar must make efforts to manufacture a whole car and penetrate the international market, said Yangon Region chief minister Phyo Min Thein at the first international automobile show held in the Inya Lake Hotel compound on February 23. He laid out the government’s preparations for facilitating car imports as well as giving opportunities for domestic […]
Kovind launches mobile app for farmers in Myanmar
January 3, 2019 by
President Ram Nath Kovind on Wednesday launched a mobile app developed for farmers in Myanmar and dedicated a centre and a bio park to promote agriculture research and education to the people here. Kovind is in Myanmar on a two-city visit to continue India’s high level bilateral engagements under the rubric of the ‘Act East […]
Yangon CM says region economy run by over 30,000 MSME businessmen
November 26, 2018 by
Yangon Region Chief Minister Phyo Min Thein said that there were over 30,000 businesses of Micro, Small, Medium Enterprises (MSMEs) registered as business entities in the Yangon Region and they run the region’s economy. “We compiled the list of these businesses by using digital technology. Over 30,000 businesses are registered in the region and our […]
Myanmar hires China Communications to survey bold new city
May 8, 2018 by
Myanmar’s plans to build a city twice the size of Singapore took a step forward this week with the signing of a framework agreement with China Communications Construction Company (CCCC) to conduct preconstruction surveys as a prelude to the $1.5bn first phase of the scheme. It may not be CCCC, a huge state-owned company, who […]
Myanmar businesses join hands for FDI
May 7, 2018 by
THE MYANMAR Investors Development Association (MIDA), an alliance of large-scale local enterprises, will help the government achieve its economic goals by actively engaging with local and foreign investors, according to its chairman Khin Maung Aye. ”For our country to grow further, we need to create thousands of jobs for our citizens. Job creation entirely depends […]
New Yangon City Phase-1 expected to cost over $ 1.5 bln
April 2, 2018 by
Infrastructure development of New Yangon City Phase-1 is expected to cost over US$ 1.5 billion, Yangon region Chief Minister Phyo Min Thein said at a press conference on the launch of New Yangon Development Co Ltd (NYDC) at Lotte Hotel in Yangon on March 31. Phyo Min Thein, Yangon region Chief Minister said: “The establishment […]
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