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Myanmar seeks to establish Myanmar-India-China economic corridor

As part of efforts to make Myanmar the doorway to ASEAN door, the government will try to establish a Myanmar-India-China economic corridor, says Yangon Region Chief Minister U Phyo Min Thein. The potential for Myanmar to become a trade hub is good because of its location between two rapidly developing countries with large populations U […]

Inflation in Mandalay highest in the country: Ministry

Mandalay Region’s inflation rate, at 11.53 percent, is the highest in the country due to its status as a major trade hub in the country, said U Myat Thu, Regional Minister for Planning and Finance. The region’s inflation rate based on the Consumer Price Index (CPI), which is calculated by the Central Statistical Organisation (CSO) […]

The complex terrain of Myanmar business

It’s been more than seven years since Myanmar opened up to the rest of the world, leading to growth in business. The emerging country however still has major issues when it comes to suitability for foreign businesses. The world was hopeful. Myanmar would not only open up to the world but also begin the liberalization […]