Myanmar moves forward

The government of Myanmar is about to take dramatic steps to spur economic development and improve government efficiency. Several significant cabinet changes are in the pipeline, detailed economic strategies are being finalised and a shake-up in the bureaucracy is already under way. These planned changes in ministerial personnel are aimed at strengthening the government’s leadership […]

Local airlines squeezed by expensive petrol and taxation

In Myanmar, there are 10 domestic airlines and 58 planes in total which are serving local and international passengers. Compared with the rest of ASEAN, flights are rather costly, according to local airlines and the Union of Myanmar Travel Association (UMTA). “During rainy season, only three out of 10 airlines can run. The main problem […]

Jade sector ranked 83rd among 89 countries assessed

An institution that ranks countries rich in natural resources has given failing or poor marks to the governance of Myanmar’s gemstone and oil and gas sectors. The 2017 Resource Governance Index assesses how a country manages their oil, gas and mining resources in order for all people in a resource-rich country to benefit. Myanmar’s gemstone […]

Liquor licence fees set to rise

Restaurants and shops selling alcohol will face higher annual licensing fees this year from the Ministry of Home Affairs General Administration Department, according to government officials. U Than Lwin, head of Yangon’s Seikkan township General Administration Department, said a proposal has already been sent to parliament, while his department had notified all liquor vendors in […]