Smart Elder Life^^ 感謝!

Oct 16, 2013 China Non-ferrous Metal Mining Company (CNMC) and Myanmar's Ministry of Mines are working to prepare for a major operation of the US$800 million joint-venture nickel project in Tagaungtaung area, central Myanmar, according to the Ministry of Mining. The ministry officials and CNMC have formed the central supervisory committee and related sub-committees i..

Oct 22, 2013 Myanmar government is planning to invite foreign investments to invest in the Thandwe Hotel Zone Project in Rakhine State so as to make it a perfect tourism destination in the western part of Myanmar, said Aung Zaw Win, Director General at the Ministry of Hotels and Tourism. The director general said this is in accordance with President Thein Sein’s gu..

Private Sector Investment Programme (PSI) grant (subsidy) for Myanmar P Oct 19, 2013 The Dutch Private Sector Investment programme (PSI) provides 50% grant funding (subsidy) for pilot investment projects that bring new economic development in 50 targeted countries. PSI is administered by EVD, an agency of the Netherlands Government. PSI supports innovative investment..

Oct 19, 2013 The first and largest specialty chemicals company in Thailand, Sika, is planning to enter Myanmar’s construction sector, sources say. The company applied to the Directorate of Investment and Companies Administration (DICA) to open a branch office in Myanmar and the DICA approved its proposal on October 4. Sika (Thailand) was founded in 1989 and is now ..

Myanmar’s cash-based economy, which has proven to be frustrating for foreign travelers who depend on credit cards, could take a step toward global financial integration now that at least one domestic bank is hoping to get approval to issue credit cards inside the country by year-end, the Wall Street Journal said Wednesday. Cooperative Bank Ltd., a private bank in Myanmar, kn..

As part of a concerted effort on the part of the Myanmar government to modernise the country's developing financial sector, a number of recent major reforms have been made. Developments in the banking sector have been particularly noteworthy, as a relaxation in regulation and control seems to indicate the opening up of the industry to more international participation. Myanmar ..

Myanmar | 19 Aug 2013 Fresh legislation has paved the way for a major shift in Myanmar’s financial sector, spearheaded by the separation of the central bank from the Ministry of Finance and Revenue. The long-awaited Central Bank of Myanmar (CBM) Law was signed by the president, Thein Sein, on July 11. The legislation secures the bank’s autonomy and clarifies its responsibi..

Crowded Yangon International Airport is proof of Myanmar's success in attracting large numbers of visitors now that the country has emerged from decades of isolation. But, although Myanmar has become the frontier market for investors and a must-go destination for tourists, one major problem that slows down the huge amount of money that will be spent in the country is the outda..

Myanmar (CNN) -- When Nyein Chan Aung sold his house in Yangon recently he faced a dilemma -- what do to with the proceeds. Did he he take his cash to the bank or keep it at home? He compromised. A third went to the bank, the rest stayed where he lives. In fact, the only reason he deposited anything at all was fear of a house fire. Read more: Looking for transformation in Myan..

KPMG Myanmar Business Forum Myanmar's banking system: Past, Present and Future As Myanmar sets out to upgrade its banking system, it has the advantage of being able to learn from the successes and failures in other countries. The challenge to get it right is significant but the trust it can bring is worthwhile. Positive changes to the banking system will help those doing busin..