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VisionFund Myanmar launches loan scheme for factory workers

VisionFund Myanmar recently announced the launch of a new microfinance loan product exclusively for garment factory workers, funded by the Livelihoods and Food Security Trust Fund (LIFT), according to a press release on 16 February. The loans were first launched at the ZES garment factory located in Hlaing Thar Yar Township, with over 160 workers […]

Financial services among the fastest growing sectors in Myanmar

The financial sector rose the most among 15 sectors managed by the government in the first six months of the 2017-18 fiscal year, growing 22 percent as a result of the implementation of new financial services, U Set Aung, deputy minister of the Ministry of Planning and Finance, at Pyidaungsu Hluttaw meeting on Thursday. “If […]

International Consultant Lead Researcher – Rakhine Joint Assessment. Closing Date: 18 July 2017

Subscribe to our tender alert mailing list Country : MYANMAR Description of the assignment : Lead Researcher – Rakhine Joint Assessment Period of assignment/services : 43 Working days Duty Station : Yangon and Sittwe (with possible domestic travel in Rakhine State and to Nay Pyi Taw) Type of Contract : International Consultant (Individual Contract) Proposal […]

Myanmar’s Aung San Suu Kyi to Meet With Migrant Workers in Thailand

Myanmar State Counselor Aung San Suu Kyi will meet with about 3,000 migrants from her country who work in neighboring Thailand to discuss their concerns about their status and risks during a three-day state visit that begins on Thursday, said the head of an activist organization that advocates for migrant workers. Aung San Suu Kui, […]

Tax documents no barrier to business visas

Foreign nationals will not have to provide tax documents to receive either a business or an employment visa, according to immigration officials, although new regulations had indicated this would be necessary. The new regulations, which came into force on January 11, also altered who is eligible to apply to enter Myanmar under a business visa. […]

Social welfare in spotlight as budget debate set to resume

A comprehensive social protections policy that spans the lifecycle from pregnant women to the elderly is set to kick off this year – if advocates can secure a budget for the plan. Parliament is scheduled to begin wrangling out an allocation for the strategy on March 6, but MPs predict the chronically underfunded social welfare […]