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Myanmar State Counsellor calls on public not to panic over banking industry rumours

Myanmar State Counsellor Aung San Suu Kyi conveyed a message through MPs from her party to people not to panic over the current rumours related with the banking and finance industry. She said these words at a meeting with MPs of the lower house and upper house from her National League for Democracy party from […]

PACE Survey on Citizens’ Political Preferences for 2020

Executive Summary In March 2019, PACE conducted its fifth nationwide public opinion poll, Citizens’ Political Preferences for 2020, covering 511 wards/villages in 233 townships. A total of 511 enumerators con- ducted 2,978 face-to-face interviews, including 782 in states, 544 in Yangon city and 428 in Shan state. As the country is one and half years […]

Myanmar, Czech chambers ink pact to boost ties

BUSINESSES from the Czech Republic are keen to explore opportunities for cooperation with potential partners in Myanmar, with their interest stoked by the recent visit of state leader Aung San SuuKyi to the Central European country, a Myanmar business chief said. Zaw Min Win, president of the Union of Myanmar Federation of Chamber of Commerce […]

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 […]

Govt must make a calculated leap to keep up with digital age

With the advancements in communications technology, the world has become a global village that allows its inhabitants to connect with each other faster than ever. We can send images, audio, and text to people far away from us. However, this technology needs to be equally accessible to all countries if we are to progress further […]

Cooperation is key to swift implementation of e-Government: State Counsellor

The e-Government Steering Committee held their third coordination meeting at the Ministry of Transport and Communications in Nay Pyi Taw yesterday and was attended by its patron, State Counsellor Daw Aung San Suu Kyi. State Counsellor’s speech In her speech delivered at the meeting, the State Counsellor highlighted the inclusion of e-Government in Myanmar’s 12-point […]

Businesses misusing farmland face hefty fines, warns minister

The government will punish people and companies that use farmland for purposes other than growing crops with a fine of 30 percent of the land’s market value. The government-led Leading Committee for Farmers Rights, Protection and Promoting of Interests set the penalty at a meeting earlier this month, said U Aung Thu, committee secretary and […]

Dala property prices soar due to bridge project

After the government had approved the construction of Myanmar-Korea Friendship Bridge connecting to Dala Township, property prices have risen in a blur as rumors of small-scale industries as well as housing projects in Dala runs rampant. According to property agents and Dala locals, land prices hiked up as much as tenfold. Over a month ago, […]

India hands over 50 housing units in Rakhine province to Myanmar

India has handed over 50 housing units in the Rakhine province to Myanmar on Tuesday during President Ram Nath Kovind’s maiden visit to the country. The housing units are part of a bigger developmental project, within which India is building 250 houses in Myanmar’s Rakhine province. Coinciding with President Kovind’s visit, Myanmar has also announced […]

Business confidence in Myanmar sinks as scepticism mounts

More European businesses say they have lost confidence in Myanmar due to concerns about the National League for Democracy-led government’s management of the economy compared to the last two years, a new survey shows. According to the latest survey from the European Chamber of Commerce in Myanmar (EuroCham) published yesterday, a majority of firms (81 […]