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Tour guide licenses must be issued only to Myanmar citizens: association

The draft of the Myanmar Tourism Rules must clearly define the authority of the tourism police, and include a provision for issuing of tour guide licenses only to Myanmar citizens as it has been seen that foreign tourists are travelling with their own guides instead of hiring local guides, according to the Myanmar Tourist Guides […]

Employment rate may increase to six pc if the EU’s GSP right remains: DICA’s DG

Thanks to the EU’s Generalised scheme of preferences (GSP) right, Myanmar can create 0.6 per cent jobs. If the GSP right remains, the employment rate may increase to six per cent of the total population, said Aung Naing Oo, Director General of Directorate of Investment and Company Administration (DICA), at a talk titled “Democracy, Poverty […]

Rice export declines within eight months

Myanmar only exported over 1.5 million tons of rice and broken rice within eight months from April 1 till December 14, according to Myanmar Rice Federation (MRF). Myanmar earned about US$288 million from more than 800,000 tons of rice and broken rice export through border trade routes and over US$240 million from over 700,000 tons […]

MFVP pushes opening of more fruit export channels

The Myanmar Fruit, Flower, and Vegetable Producers and Exporters Association (MFVP) suggested three measures to expand the watermelon market and control market prices at the 22nd regular meeting of Vice President 1 and entrepreneurs. The suggestions were put forward by MFVP vice president U Myint Sein at the meeting held recently at the UMFCCI office. […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of January & February 2019

  Name, Venue & Organizer Date Invest Myanmar Summit MICC-2 UMFCCI 8.1.2019 to 9.1.2019 Electric Power Exhibition & Conference Sule Shangri-La Yangon, Yangon, Myanmar 17.1.2019 to 18.1.2019 Invest Myanmar Summit MICC 2, Naypyitaw, Myanmar 28.1.2019 to 29.1.2019 AVPN Myanmar Social Investment Forum Pan Pacific Yangon, Yangon, Myanmar 26.2.2019 Mobile Money & Financial Inclusion Summit Park […]

‘Tone from the top’ crucial in anti-corruption: DICA

There is a lack of awareness about the transparency and corporate governance aspects of the new Companies Law, according to a senior government official, who argued for the importance of tone from the top in combating corruption. The Myanmar Centre for Responsible Business (MCRB) and the Union of Myanmar Federation of the Chamber of Commerce […]

Invest Myanmar Summit 2019, 28-29 January 2019 Nay Pyi Taw

Invest Myanmar Summit 2019 is a collaboration between the Union Government of Myanmar, the Region States of Myanmar and the business community to create a platform for businesses to meet. The two-day event is designed to provide international and local investors the opportunity to discover the investment potential of Myanmar. It is a platform where […]

Ministries to hold monthly dialogues to improve private economic sector

The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) has submitted that regular dialogues will be organized in respective ministries and sectors on a monthly basis to help improve private economic sector and expedite business transactions, according to the 27th Annual General Meeting of UMFCCI. “It is true that […]

Myanmar to hold investment summit early next year

Myanmar will hold its first-ever investment summit in the capital city Nay Pyi Taw next year, a senior official told a press conference Tuesday. Organized by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), the “Invest Myanmar Summit-2019” will be held in January 28-29, the first collaboration summit between the government […]

Business groups speak out against potential withdrawal of EU GSP

Three major domestic business organisations have urged Brussel’s visiting mission not to revoke Myanmar’s access to the Generalised Scheme of Preferences (GSP). Meanwhile, The Myanmar Times understands that a statement co-signed by six European business groups has been addressed to the monitoring mission, arguing that withdrawing GSP “will undoubtedly have a detrimental impact on the […]