Myanmar Competition Commission promises to level playing field for businesses

The Myanmar Competition Commission will work with businesspersons to remove hindrances to fair competition, said Union Minister for Commerce Dr. Than Myint, urging businesses to abide by the Competition Law. The Union Minister, in his capacity as the chairman of the commission, made the remarks during his opening address at an event about competition, held […]

Suu Kyi woos Czech investors to invest in Myanmar

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 […]

Thilawa multipurpose international Terminal Open ceremony held

Opening ceremony for Thilawa Multipurpose international Terminal at Plot No. 25 and 26 in Thilawa, was held Thilawa Multipurpose International Terminal Co., Ltd hall yesterday morning. Union Minister for Transport and Communications, U Thant Sin Maung and Union Minister for Planning and Finance, U Soe Win and officials look around the current status of terminal […]

Only if projects win confidence and support of local people from participating countries in BRT, can their aims be achieved

Only if projects win confidence and support of local people from participating countries in BRT, can their aims be achieved. Trust and support of the local people matters most, said State Counsellor Daw Aung San Suu Kyi. The remarks came from the speech of Daw Aung San Suu Kyi delivered at the High Level Meeting […]

Focus on closing the ASEAN economic gap: minister

Minister of national planning and economic development U Kan Zaw called for efforts to close the economic gap between different ASEAN countries during his opening address of the 46th ASEAN Economic Ministers meeting in Nay Pyi Taw on August 25. Macroeconomic stability, streamlining regulations and investment in infrastructure and human resources are key areas to […]