Thai Deputy PM off to Yangon for Dawei JCC meeting

The Nation Thai Deputy Prime Minister Niwatthumrong Boonsongpaisan yesterday flew to Yangon to attend a meeting of the Thai-Myanmar Joint Coordinating Committee (JCC) with Myanmar and Japan over the Dawei development project. As JCC president, Myanmar is hosting the tripartite talks in Yangon. This will be the first time Japan will be joining the talks after being invited to invest in the project.  Japan was invited as an observer at the joint high-level meeting committee last June, said Arkhom Termpittayapaisith, secretary-general...

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Illegal exports/imports to land jail time in Myanmar

Illegal trade control team inspecting at Warden jetty during the training period (Photo - EMG) The Myanmar government will apply prison sentences and seizure of goods to any illegal exports/imports. In the past, illicit traders were merely charged a discretionary fine for their offence. They could later claim back their illegal goods by paying the fine. However, dishonest exporters and importers will be punished harsher from September 16...

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Myanmar’s foreign investment hits US$43 billion

                        Lapataungdaung copper mine project (Photo-Hein Min Htet)    Total foreign investment in Myanmar hit US$43 billion in August, according to Myanmar Investment Commission (MIC). Over 600 foreign businesses invested a total of $43.68 billion in twelve sectors as of August 31, MIC reported. “Myanmar...

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ျပည္သူ႕ လႊတ္ေတာ္ ဥကၠ႒ သူရ ဦးေရႊမန္း စီးပြားေရး လုပ္ငန္းရွင္မ်ားအား ေတြ...

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UK mulls switch to plastic bank notes

               Australia uses tear-resistant polymer bank notes. Photograph: William West/AFP/Getty The Bank of England is considering introducing plastic bank notes and will release details of its plans later on Tuesday. Notes made of polymer, a plastic-like material, are thought to be more durable than notes printed on cotton paper, as they are currently in Britain. Such...

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BEC-Tero plans to build TV studios in Yangon

Watchiranont Thongtep The Nation Under its plan to make Myanmar its second television-production base, Thailand's BEC-Tero Entertainment aims to build its own studios in Yangon to respond to increasing demand for TV programmes from broadcasters in that country. Pongpunt Wongnongteoi, strategic planning director at the company, said that in the remaining months of the year, BEC-Tero would invest in new TV studios, though the cost has not been disclosed. These studios will help its joint venture Forever BEC-Tero co-produce drama programmes...

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South Korea to construct natural gas and waste-fired power plant

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Myanmar Business and Development Week - Unleashing Myanmar’s Potential

Economic and Social Commission for Asia and the Pacific (ESCAP) will spearhead a series of workshops and talks designed to further strengthen the capacity of Myanmar’s private sector and equip the Government of Myanmar with the tools and knowledge to create a supportive business environment. The so-called Myanmar Business and Development Week will take place Sept 23-27 in Yangon in partnership with ESCAP Business Advisory Council (EBAC) and the United Nations Trade and Productive Capacity Cluster and in association with Union of Myanmar...

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