Thilawa SEZ. Photo: Aung Myin Ye Zaw Shares of Myanmar Thilawa SEZ Holdings Public Limited (MTSH), which is listed on the Yangon Stock Exchange (YSX), have plunged since trading ex-dividend on August 9. MTSH has proposed a dividend of K260 per share for the financial year ended...
Read MoreThe Myanmar Investment Commission (MIC) has approved the issuance of 13 permits, including one for a beer joint venture in Mandalay. Eight foreign businesses and 5 Myanmar citizen businesses were approved at a recent 12/2017 meeting, according to Deputy Director General of Directorate of Investment and...
Read MoreShwe Gas terminal in Kyaukphyu, Rakhine State, 26 April 2014. Photo: EPA THE head of Arakan National Party defended China’s majority stake in Kyaukphyu SEZ and advised against placing too much emphasis on the stake ratio. Meanwhile, a member of the Myanmar consortium said Myanmar will...
Read MoreFormer United Nations Secretary General Kofi Annan (centre) arrives to meet with President Htin Kyaw in Nay Pyi Taw on 23 August. Kofi Annan chairs the Advisory Commission on Rakhine State. Photo - EPA The Commission cautions that large-scale projects in Rakhine State have bred local...
Read MoreConstruction of an economic zone dedicated to promoting trade, manufacturing and services in the outskirts of Maungdaw Township in northern Rakhine State is expected to start when the current situation in the area has calmed down, a regional minister said. MAUNGDAW economic zone, located in Kanyin Chaung, will...
Read MoreSMEs and businesses in the agriculture, construction sectors to receive financial assistance. Photo: The Myanmar Times A plan has been drawn up to provide billions of kyats to the agriculture and construction sectors as well as SMEs nationwide, Union Minister for Planning and Finance U Kyaw...
Read MoreA ship docks at Thilawa port. Photo: The Myanmar Times SPECIAL Economic Zones (SEZs) in Myanmar should encourage policy experimentation and focus on tech spillovers, an economist told The Myanmar Times. By early June, 95 percent of the land plots in Thilawa SEZ zone A had been sold...
Read MoreState Counsellor Daw Aung San Suu Kyi attends a summit at the Belt and Road Forum in Beijing in May, where she speaks at one of the sessions. Photo - EPA At the BRI summit in May, the State Counsellor stressed that BRI-led projects should complement...
Read MorePassengers watch an airplane pull in at the upgraded Yangon International Airport. The Nyaung-U airport in Mandalay will be upgraded soon. The Myanmar Times The Nyaung-U airport in Mandalay Region will be upgraded into international airport soon, with the support from the Japanese government, U Ye Htut...
Read MoreOil and gas development is an integral part of the global economy, but has also contributed to climate change, environmental damage, and a host of other global challenges. A new report is suggesting ways the industry can reduce its negative impacts, change some of its...
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