With the economy in Myanmar expected to continue growing at a rapid pace next year, the need to build capacity and work skills becomes as important as ever. This is particularly true not just for manual labour and service jobs, but also higher end management and business positions. Those with an entrepreneurial mindset have an […]
Two Chinese Airlines Start Direct Flights from Yangon
November 6, 2019 by
Yangon Aerodrome Co Ltd, operator of Yangon International Airport (YIA), has announced the launch of Qingdao Airlines’ direct flight between Yangon and Ningbo in Zhejiang, China. Qingdao Airlines will operate an Airbus A320 aircraft with the capacity for 180 passengers for the new service that will operate every Monday and Friday between Yangon and Ningbo, […]
Hayman Capital receives US$2 million debt capital from Symbiotics SA
February 11, 2019 by
5th February 2019, Yangon. Hayman Capital Co., Ltd has signed US$2 million term loan from a Switzerland social impact investor, Symbiotics SA. All regulatory approvals from the Central Bank of Myanmar and the Financial Regulatory Department of the Ministry of Planning and Finance have been received and the fund has been disbursed to support the […]
Govt counting on Asian travellers to boost tourism
January 8, 2019 by
Myanmar’s tourism sector has borne the brunt of the Rakhine refugee crisis, with growth in tourist arrivals dropping to 1 percent in 2018 compared with 7.1pc in 2017, according to the World Bank. The number of western tourist arrivals fell the most, more than offsetting arrivals from Asia. The numbers reflect reports of booking and […]
CB Bank successfully adapting to meet the needs of a new generation
May 8, 2018 by
Economic liberalisation came relatively late to Myanmar, but the country has been working hard to make up for its slow start. Following a military coup in 1962, the country was governed by an oppressive dictatorship and subsequently experienced the ignominy of being rated one of the least developed and most corrupt nations in the world. […]
International partnerships drive transparency among Myanmar companies
March 30, 2018 by
Good corporate governance is what attracts investors, such as International Financial Corporation (IFC), for companies, according to the findings revealed by the latest transparency report. The report also points to the very poor disclosure record and absence of corporate governance by companies which are registered at Directorate of Investment and Company Administration (DICA) as “public” […]
Teaching upgrade plan to start in December
March 20, 2018 by
A pilot programme to upgrade education colleges will begin in December 2018 at two colleges, according to U Aung Aung Min, deputy director general of the Department of Higher Education. The programme aims to upgrade teaching quality by increasing teacher qualifications, in line with the National Education Strategic Plan (2016-2021). Part of the plan is […]
Davos 2018: China’s economic shift and implications for Myanmar
February 3, 2018 by
Myanmar will capture Chinese investment as Beijing prioritises poverty alleviation and development in Yunnan AS the fight against poverty takes centre stage in Beijing’s economic policy, Yunnan and Myanmar will remain a priority for Chinese investment, while China’s fast-growing middle-income population, especially those in the southwest, presents a crucial market for Myanmar’s growth-oriented businesses as well […]
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