UK businesses are keen to leverage their strengths and expertise to support Myanmar’s transport and infrastructure development, the UK Prime Minister’s Business Ambassador told The Myanmar Times. Andrew McNaughton, the UK Prime Minister’s Business Ambassador for infrastr-ucture and chief operating officer of France-based Systra Group. Photo -...
Read MoreThe Uganda Economic Update released by the World Bank today shows the country currently with a shortfall of nearly $1.4 billion in financing per year, equivalent to 6.5 percent of its Gross Domestic Product (GDP). Uganda needs to explore raising capital from the private sector...
Read MoreThe Myanmar Centre for Responsible Business (MCRB) and DaNa Facility have signed a two-year grant agreement, involving approximately US$1.2 million for 2017-18, to encourage responsible business activities across the country. Director of Myanmar Centre for Responsible Business Vicky Bowman speaks to reporters. Naing Wynn Htoon /...
Read MoreEconomic growth in Myanmar has slowed and the country’s fiscal and current account deficits have swelled over the past 2 years under the National League for Democracy government. But things are stabilising and the long term prospects look good, Sean Turnell, Senior Economic Advisor to the...
Read MoreStudents from various ethnic groups are set to tackle issues facing the country’s energy sector in the first ever convening of the Dagon University Youth Parliament (DUYP) later in the week. The Dagon University Law Student’s Association (DULSA), which organised the event, said the Youth Parliament...
Read MoreMyanmar will aim to increase its ranking on the World Bank’s ease of doing business index from 170 currently to less than 100 within the next 3 years, Vice President U Myint Swe said on July 20. In ASEAN, Myanmar is the least favourable country to...
Read MoreA garment business in Myanmar installed a solar photovoltaic system in a bid to reduce consumption of grid-based electricity, as electricity prices are expected to increase further in the coming years. The first commercial rooftop solar PV projects that Sunlabob has completed is the Junction City...
Read MoreDekkhinathiri District Court in Nay Pyi Taw did not accept the lawsuit filed by a group of former MPs against the State to abolish the 2008 constitution, the group’s legal adviser U Aung Thura told the media on Tuesday. When the group’s 15 members, who were...
Read MoreThe Department of Civil Aviation (DCA) is going to call for tenders to upgrade the existing Kawthaung airport in Tanintharyi Region, Mawlamyine airport in Mon State and Heho airport in Shan State. The tender call invites developers who are interested to upgrade the infrastructure projects through...
Read MoreThe Myanmar Business Environment Index will be mapped out based on a nationwide survey, which complements previous and current research, to improve the competitiveness of private sector in states and regions. Peter Brimble, team leader for the DaNa Facility, speaks at the PSD Framework and Action...
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