Investment policy and regulation
Domestic investors
Joint-venture granted licence to trade machine oil
Myanmar Investment Commission has granted a licence to Puma Energy Asia Sun, said U San Myint, deputy director general from the Directorate of Investment and Company Administration. The licence allows the firm to conduct domestic retail and wholesale business for machine oil. PEAS Company started on ...
Confusion over water transport service implementation arises
The government has chosen the company which will operate the water bus service on the Hlaing River and Nga Moe Yeik Creek, said Daw Nilar Kyaw, regional minister of electricity, industry and transportation, on May 22 at a regional parliamentary session. The company Tint Tint ...
VN vows to boost Pacific trade
A seminar “The Pacific Alliance (PA) and Việt Nam in the global context” was held in Hà Nội on Monday, aiming to support Việt Nam’s role as the ASEAN co-ordinator with the alliance. The event also looked to promote co-operation, trade and investment opportunities between ...
Pioneers prospering in Hà Tĩnh border land
Witnessing it now, one cannot imagine how sterile and deserted the Tây Sơn economic zone in central Hà Tĩnh Province was 14 years ago. Lying among the greenery of rubber, tea and acacia on the Việt Nam-Lào border – some 30km from the Cầu Treo ...
Agriculture firms receive Gov’t funds
State credit institutions will offer enterprises developing national agricultural products 70 per cent of investment capital support, said the Ministry of Planning and Investment. MPI has finalised a draft decree on policies encouraging enterprises to invest in agriculture and rural areas to submit to the ...
Myanmar to receive first foreign coaching on communications via Singapore agency
As Myanmar’s growing economy creates opportunities for communications professionals in a wide range of industries, Rice Communications, a Singaporean public relations agency with presence in the nation, has planned to conduct a free training on PR and communications. Sonya Madeira, founder and managing partner of ...
NA session ends, calling for govt to pursue targets
The National Assembly’s Eighth Legislature ended its third ordinary session on May 18, calling for the government to work harder in the pursuit of development targets. In her closing remarks, NA President Ms Pany Yathotou said the 17-day session agreed on multiple points that the ...
RCEP opens markets for Cambodia
The Regional Comprehensive Economic Partnership has the potential to deliver significant business opportunities for Cambodia, given that the 16 RCEP participating countries contribute about 30 percent of global GDP and more than a quarter of world exports, said a Commerce Ministry official on May 18. “RCEP ...
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum ...
Expressway on track
A proposed expressway from Phnom Penh to the coastal province of Preah Sihanouk is due to be constructed by the end of the year. The move aims to contribute to the industrial development of the province, which the government sees as an industrial development zone. The ...
