In light of incentives for foreign investors including a seven-year income tax reduction in its three special economic zones (SEZ), Myanmar deserves to achieve responsible investments from Czech businesses in the coming months, State CounsellorAung San SuuKyisaid at the Czech-Myanmar Business Forum held in Prague. “Myanmar has the potential to grow into a market similar […]
Civilians trapped as Myanmar rebels squabble over expected China boom
March 15, 2019 by
With artillery exploding around her village in Myanmar’s northeast, 70-year-old Nan Nyunt fled to a monastery, one of thousands of civilians trapped between rebel groups who are fighting for influence as a China-driven economic boom looms. “Houses were on fire and a buffalo died,” she told AFP, huddled on the floor with other elderly displaced […]
China and Japan in Myanmar
November 15, 2018 by
Since 2015, Myanmar has been heading toward a market approach. There is also huge potential for the country to upgrade its structure with China, and also within the rest of the country. Things have been moving in the right direction. China and Japan have been assisting Myanmar’s Government despite the Rohingya crisis Myanmar is a […]
Myanmar’s electricity goals depend on ODA
May 2, 2018 by
With 5.5 percent annual growth of gross domestic product, Myanmar was one of the fastest growing countries in ASEAN during 2011-2015. The growth of Myanmar’s economy is heavily influenced by the government’s focus on promoting special economic zones among investors.Subject to the implementation of this focus, infrastructure development in energy is vitally important to make […]
China’s latest Myanmar megaproject courts controversy
November 11, 2017 by
Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country’s largest foreign investment. With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar. […]
Proposed port and highway to align Ayeyarwady with Belt and Road
September 25, 2017 by
Ayeyarwady may follow Kyaukphyu and Dawei to be the next region in Myanmar to embrace a deep-sea port together with other infrastructure projects, with a feasibility of the scheme currently under progress. U Ye Lin from Myanmar Construction and Development Public Co said that a feasibility study is being carried out jointly with South Korea-based […]
;
To see more of our client click