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Myanmar at losing end in border trade disagreements: leaders

Myanmar must take steps to negotiate bilateral trade agreements with its neighbours to avoid volatility in border trade with China and India, as the consequent losses for locals can be huge. “There is currently no precise policy for border trade. Every country should have a policy to deal with trade disagreements and volatility. Right now, […]

High potential of Myanmar Economy

The topic of economic transformation in Myanmar was thoroughly discussed at the Forum on Myanmar Democratic Transition held from 11 to 13 August 2017 in Nay Pyi Taw. The talks could generally be summed up that despite the slow economic take-off in Myanmar, the good potential of the Myanmar economy will be seen in the […]

Tax hike on auto imports ‘not right solution’: merchants

Japanese used cars being imported across the Thaungyin River. Myanmar merchants on the Myawady border with Thailand complain that a pending increase in tax on imported vehicles is negatively impacting ordinary people. The border point has seen a rise in vehicle imports this month after the government declared it would increase vehicle import taxes from […]

Foreign Investment in Agriculture Rests on Policy Support, Innovation, Says Dentons

Myanmar’s agri­cultural sector is ‘very close’ to seeing an uptick in for­eign investment but only if the government contin­ues providing policy sup­port and if investors are willing to ‘innovate’, ac­cording to the Myanmar resident partner of the world’s largest law firm. After decades of neglect, Myanmar’s largest indus­try lags well behind that of regional neighbours […]

Companies in Myanmar Express Concern About Regulation, but Optimism Remains: Survey

​​ Companies in Myanmar expressed concerns about government regulation and policy, despite showing optimism for future growth, in a recently completed survey, said Thomas Klotz Tuesday morning at a press conference in Yangon. Klotz, the Managing Partner for Southeast Asia for Roland Berger, the German consulting firm that conducted the survey, said, “Seeing from our […]

HelpAge invites open tender for consultants to submit EOI for delivery of the assignment; Closing Date; Dec 6, 2015

Subscribe to our tender alert mailing list Terms of Reference – Policy Mentoring International Consultant Myanmar is facing a disease transition towards increasingly greater burdens from non-communicable diseases (NCDs), in contrast to burdens that were previously dominated by communicable diseases and maternal/neonatal and nutrition disorders. The health system in Myanmar requires assistance to respond effectively, […]

Embattled Motor Vehicle Law to Become Public in September

In order to inform the public about the draft Motor Vehicle Law, the Myanmar Motor Vehicle Producers and Distributors Association will publish a draft of the law by the end of September. Comments and suggestions from the public will be allowed to revise the draft law, Dr Soe Tun, chairman of the association, said. “The […]

Myanmar works for formulating policy framework for foreign investment in agriculture

YANGON, May 31 (Xinhua) — Myanmar government is working closely with the 34-nation Organization for Economic Cooperation and Development (OECD) to formulate a policy framework to boost foreign investment in the agricultural sector, official media reported Sunday. OCED officials were quoted as saying that allowing foreign ownership of land and creating a legal framework to […]

Tyred out: importers say tax policy favours used cars

Almost all of the cars imported to Myanmar last year were second-hand, due to a high tax on brand-new vehicles. The government should reconsider its policy relating to the import of new cars, say businesspeople. “As far as I know, most Myanmar citizens import used cars. According to the records from last year, brand new […]

Influx of tourists can negatively impact Myanmar

Myanmar will not reap long-term benefits in opening up the country for tourists, if there is lack of policy to safeguard the environment, society and human rights, said a report. Released Friday, the report entitled “Myanmar Tourism Sector-wide Impact Assessment” said an influx of tourists can negatively impact Myanmar’s tangible and intangible cultural heritage.  “There […]