Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]

Myanmar approves five foreign businesses

The Myanmar Investment Commission (MIC) has approved five foreign businesses which will include a luxury island hotel, river cruises and a new wood factory. Mokan International Co Ltd, a joint-venture of Scandinavian-based Gecko Holdings Ltd and Kyaw Win Phyo Mauk Co Ltd (Myanmar), were given approval to develop a luxury hotel project on two islands […]