After the government announced last year that timber production would be stopped for nearly 10 years, major timber production areas like Bago Yoma Region have become elephant camps.
Business
World Bank estimates that Myanmar’s economy will grow an average of 7.1 percent per year in the next three years.
The public consultation workshop on Myanmar Investment Regulations took place at UMFCCI in Yangon on Tuesday.
Toyota Motor announces plans to spend $600 million upgrading and expanding its auto manufacturing plant in Indiana.
People’s Republic of China expects the improvement of peace building of the Union of Myanmar and they will continue supporting to the country’s peace building process and reconciliation process, Ambassador said.
Asian Trans-Pacific Partnership trade deal nations pledge to salvage the 12-nation agreement after a U.S. exit.
Ministry of Hotels and Tourism organized a press conference on 2017 ASEAN Tourism Forum along with Government-Private Collaboration Monthly Meeting at Myanmar Tourism Federation of Yangon on Monday.
As the new laws came out to assist the development of the Myanmar economic sector, the outlook for economy is heading to better situation, the experts predicted at the seminar in Yangon, Sunday.
Poor transportation is making their fishery business down to some extent, businessmen from Shwe Thaung Yan voiced.
Myanmar will receive 100 million dollars credit from World Bank to support financial services to families and small and medium-sized businesses.