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INVEST MYANMAR NEWS DIRECTORY

UK TO INVEST IN MYANMAR'S OIL, GAS AND TRAVEL SECTORS
The United Kingdom has pledged to invest over US$385 million in Myanmar in two years time, according to statistics of the Directorate of Investment and Company Registration. The UK invested... [ More ]
BURMA: FREEDOM OF EXPRESSION IN TRANSITION
Yet this space is highly contingent on a number of volatile factors: the goodwill of the current President and his associates in Parliament, the ability of Aung San Suu Kyi to assure the... [ More ]
MYANMAR’S ECONOMY TO QUADRUPLE BY 2030
If the 10-nation ASEAN bloc is to double its economy by 2020, then a large thrust of the growth rate will be coming from Myanmar. According to consultancy McKinsey Global Institute,... [ More ]
MYANMAR: STEPPING UP TO ASIA AND THE WORLD
Myanmar was one of East Asia’s fast growing advanced economies in the early 20th century. But decades of isolation took its toll and Myanmar was left out of the region’s remarkable... [ More ]
WELCOME TO INVEST MYANMAR'S MYANMARESE INVESTMENT NEWS DIRECTORY!

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 LATEST MYAMNAR NEWS

UNION ASSEMBLY URGED TO REGULARLY UPDATE PARLIAMENT ON FARMLAND DISPUTE

UNION ASSEMBLY URGED TO REGULARLY UPDATE PARLIAMENT ON FARMLAND DISPUTE
Source: Eleven - (27/08/2013)

Topics: Politics      Agriculture

The move was decided at the Union Assembly after the report of Land Grab Investigation Commission had been presented to the Union Assembly to ease the suffering of farmers and people from the land confiscation. Union Assembly Speaker Thura Shwe Mann urged Union government, Region and State governments to speed up their efforts to solve land confiscation in accord with the law [comprehensive, right and strong evidence in dealing with the issues] and submit the moves to the land confiscation...


TRAVELING IN MYANMAR: 4 BEAUTIFUL BEACHES YOU CAN LOUNGE ON AFTER EXPLORING THE EXOTIC NATION

TRAVELING IN MYANMAR: 4 BEAUTIFUL BEACHES YOU CAN LOUNGE ON AFTER EXPLORING THE EXOTIC NATION
Source: International Business Times - (27/08/2013)

Topics: Business      Tourism

Myanmar may be one of the poorest and least developed countries in Southeast Asia, but it has quickly become a sought after tourism destination -- especially since everyone is curious to find out firsthand what the formerly closed-off nation looks like. With the government pledging $500 million to develop tourism in the next few years, Myanmar could very well become the next traveling hot spot. Don’t let Myanmar’s poverty fool you. It is actually rich in natural resources and quite...


TOBACCO BRANDS SLIP INTO MYANMAR WITHOUT FANFARE

TOBACCO BRANDS SLIP INTO MYANMAR WITHOUT FANFARE
Source: Times Dispatch - (27/08/2013)

Topics: Investments      Food and Beverage

YANGON, Myanmar As some of the world’s biggest companies trumpet their arrival in Asia’s hottest frontier market, the tobacco industry has a different strategy: It’s slipping into Myanmar without fanfare. The impoverished nation of 60 million people emerged from a half-century of isolation and brutal military rule two years ago. With most international sanctions against the country lifted or suspended, foreign businesses from Coca-Cola and Unilever to Suzuki Motors have scrambled to get...


TEAM TO VISIT MYANMAR TO DISCUSS ONION IMPORT

TEAM TO VISIT MYANMAR TO DISCUSS ONION IMPORT
Source: Financial Express - (27/08/2013)

Topics: Business      Agriculture

Against the backdrop of export price hike of onion in India, a high-powered government delegation will visit Myanmar shortly to pursue channelling the essential item quickly from that country to Bangladesh to cool the local market, sources said. The four-member delegation, headed by the additional secretary (Import) of the ministry of commerce (MoC), Manoj Kumar Roy, will also discuss with the Myanmar authority the supply of other agricultural items, including gram, garlic and ginger, from...


SMES URGED TO TAP MYANMAR MARKET

SMES URGED TO TAP MYANMAR MARKET
Source: The Nation - (27/08/2013)

Topics: Business      Food and Beverage

The International Trade Promotion Department is putting emphasis on Myanmar as it promotes more trade and investment in Asean. After opening a Trade and Investment Consultant Centre in Yangon recently, Srirat Rastapana, director-general of the department, said her agency would continue to encourage Thai companies, particularly small and medium-sized enterprises, to do more business in Myanmar. "Myanmar is one of the most interesting markets among neighbouring countries because of the...


RICE PRICE STABLE DESPITE FLOODS

RICE PRICE STABLE DESPITE FLOODS
Source: Myanmar Times - (27/08/2013)

Topics: Economy      Agriculture

The worst monsoon flooding in more than 20 years has had only a slight impact on the price of rice because the floodwaters did not hit the country’s main rice-growing areas, according to the Myanmar Rice Federation. U Aung Zaw Oo, a joint secretary at the federation, said the wholesale price of 25 percent broken rice had risen K500 per 49 kilogram sack to K15,500 but would likely fall the same amount next month. He said the price rose this month after rice mills in flood-hit areas,...


OFFICIALS FROM MINISTRY OF INDUSTRY, MYANMAR INVESTMENT COMMISSION, MINISTRY OF MINES, MINISTRY OF TRANSPORT AND MAJOR CEMENT PLAYERS TO CONVENE AT 15TH ASIA CEMENTRADE SUMMIT IN YANGON

OFFICIALS FROM MINISTRY OF INDUSTRY, MYANMAR INVESTMENT COMMISSION, MINISTRY OF MINES, MINISTRY OF TRANSPORT AND MAJOR CEMENT PLAYERS TO CONVENE AT 15TH ASIA CEMENTRADE SUMMIT IN YANGON
Source: PRweb - (27/08/2013)

Topics: Business      Construction

[15th Asia Cementrade Summit, on the 24-25 Sep, 2013 in Yangon, is honored to host Government Officials from Ministry of Industry, Myanmar Investment Commission, Ministry of Mines, Ministry of Transport and cement industry players, in an information-packed event, presenting valuable updates on the upcoming cement market opportunities in Asia. His Excellency U Maung Myint, Union Minister of Industry, Ministry of Industry, Myanmar has been invited to deliver the keynote address. Asia is the...


NUMBER OF MYANMAR'S ULTRA-RICH COULD GROW 687% IN ONE DECADE FROM 40 TO 307

NUMBER OF MYANMAR'S ULTRA-RICH COULD GROW 687% IN ONE DECADE FROM 40 TO 307
Source: International Business Times - (27/08/2013)

Topics: Economy      Real Estate

Just like Myanmar’s economy that is projected to multiply from the current $45 billion up to more than $300 billion by 2030, the number of super-rich in the poor Southeast Asian nation is set to increase at least six-fold in the coming decade, as the country embraces political and economic reforms. There are only 40 individuals in Myanmar with more than $30 million in assets currently, according to the World Ultra Wealth Report, published by Wealth-X, a wealth intelligence firm, but that...


MYANMAR’S GARMENT EXPORTS MAKE RECORD EARNINGS

MYANMAR’S GARMENT EXPORTS MAKE RECORD EARNINGS
Source: Eleven - (27/08/2013)

Topics: Business      Textile and Fashion

Myanmar’s garment exports made record earnings in the first quarter of this year, according to official data from Myanmar Garment Manufacturers Association (MGMA). The exports have made over $300 million in the period from January to March, almost a double from the same period last year, according to the data. "Generally most orders came during the first three months of a year averagely. This year we [manufacturers] have earned more than previous years. Our factory earned nearly US$...


MYANMAR, BRAZIL AGREE TECHNICAL COOPERATION

MYANMAR, BRAZIL AGREE TECHNICAL COOPERATION
Source: Mizzima - (27/08/2013)

Topics: Business      Tourism

Myanmar and Brazil have reached an agreement on technical cooperation, signifying a major step taken to boost bilateral cooperation in the sector, the official media New Light of Myanmar reported Wednesday. The agreement was signed by Myanmar's Ministry of Science and Technology Ko Ko Oo and Brazilian Ambassador Jose Carlos in Nay Pyi Taw Tuesday. Ko Ko Oo said the signing would further cement the friendly ties between the two peoples, vowing to effectively implement the agreement which...



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Did You Know?
Mandalay, the last capital of the Myanmar Kingdom is the cultural centre of the country. ... More

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COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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