Ei Thandar Tun BDS Smart City Co., Ltd., a subsidiary of Malaysia’s Berjaya Land Berhad, is set to build a $782.72 million city project in Yangon’s Dagon Seikkan Township following the signing of a concession agreement with the Yangon Regional Government on February 7. The project, located on 184 acres of...
Last Saturday, Myanmar’s Union Election Committee announced a victory for Daw Aung San Suu Kyi’s National League for Democracy (NLD) in the 2020 Myanmar General Election. The party won 83 percent of the seats in the Union Parliament, which exceeds even the number of seats gained in the previous...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Internal Revenue Department urged taxpayers to pay tax using e-payment methods instead of paying taxes in person. It has been working with m-Banking, e-Banking, i-Banking, and mobile payment services to enable taxpayers to make the tax payment easily while staying safe by avoiding crowds. To pay tax, users need...
Perhaps nowhere are the dangers and opportunities of trash as clear as in the back alleys of Yangon and the Ayeyarwady River, where the rampant practice of open dumping and the problematic waste management in Myanmar are on daily display. By overthrowing the traditional linear model of truck and tip...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The government is willing to collaborate with private partners to implement waste to power projects in Kachin State, Chin State, Kayah State, Bago Region, Magway Region, Mandalay Region, Mon State, Rakhine State, and Ayeyarwaddy Region, said according to U Nyi Nyi Tun, Member of Naypyidaw Council. Britain based...
Written by Min Thu Aung Before Myanmar gained independence in 1948, there were 110 insurance companies in the country and only two of them were locally owned. The number had dwindled to 74 (four being locally owned) before 1963, the year the country nationalized private companies resulting in an insurance...
Tin Mg Oo/Myanmar Business Today Although many companies are operating in Kachin State, only 19 have registered in accordance with Myanmar Investment Law, according to U Aung Naing Oo, Permanent Secretary of the Ministry of Investments and Foreign Economic Relations. “In terms of local investments, there are only 19 companies registered...
Daw Aung San Suu Kyi, at Myanmar-Japan Investment Dialogue on Economic Recovery After COVID-19 and New Investment Opportunities, held on July 29, has invited investments for a new industrial park in the west of Yangon and a new economic zone in Mon State. “Quality job creation remains at the heart...
CB Bank launched CB Card+ mobile application for CB Bank card customers. The customers can view Card information as well as use the app to make payments at any stores which accept Visa contactless payments if their phones have NFC capabilities. CB Card+ application can be downloaded online at...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Ascent Myanmar Growth Fund I LP (AMGF), Myanmar-Focused private equity fund owned by Ascent Capital Partners Pte. Ltd, a Singapore-registered fund management firm, has made a combined $26 million minority investment in Frontiir Pte. Ltd, an internet service provider under the name Myanmar Net. “By supporting Frontiir, a...