Day: September 6, 2018

President U Win Myint delivers speech at ACMECS CEO forum

President U Win Myint delivers speech at ACMECS CEO forum

President U Win Myint delivered an address at the Ayeyawady- Chao Phraya- Mekong Economic Cooperation Strategy-ACMECS CEO Forum, which was held under the theme “Connecting our Future: Enhancing ACMECS Cooperation and Integration”, at the Shangrila Hotel in Bangkok on 16th June. The opening of the forum was attended by Prime Minister of Thailand General Prayut […]

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Appointment of new Chairman Myanmar Investment Commission (MIC) and Re-organization of MIC

Appointment of new Chairman Myanmar Investment Commission (MIC) and Re-organization of MIC

Source-Global New Light of Myanmar U Thaung Tun, Union Minister for the Office of the Union Government is appointed as Chairman of Myanmar Investment Commission (MIC), according to Directorate of Investment and Companies Administration (DICA). He was a commission member before and now he is promoted as the chairman of the commission. He succeeded the […]

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UMFCCI B4B Insights Forum

UMFCCI B4B Insights Forum

On 26th and 27th May, the two-day event of B4B Insights Forum was held at UMFCCI. In this forum, business owners from various sectors were met with each other and discussed about the economic development of Myanmar. U Moe Kyaw, Chairman of MMRD presented findings of Business Sentiment Survey 2018 and U Wai Phyo, vice […]

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Union Minister for Planning and Finance reshuffle

Union Minister for Planning and Finance reshuffle

  U Kyaw Win, Union Minister for Planning and Finance has been permitted to resign of his own volition on 25th May 2018 and U Soe Win has been appointed as New Union Minister for Planning and Finance on 31st May 2018. The newly appointed Union Minister is a retired General Manager of Myanmar Foreign […]

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World Bank’s Myanmar Economic Monitor Report launched

World Bank’s Myanmar Economic Monitor Report launched

 The ceremony forissuing World Banks’s Myanmar Economic Monitor was held at UMFCCI in 18th May 2018. The Myanmar Economic Monitor (MEM) is the report published twice a year by World Bank and it is based on latest economic information of Myanmar. The report is well gathered about the information on the recent economic development and […]

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Central Bank issues license to Myanmar Credit Bureau

Central Bank issues license to Myanmar Credit Bureau

 The Central Bank of Myanmar (CBM) has issued a license to Myanmar Credit Bureau Limited, allowing it establish a credit bureau in the country with the aim to provide small and medium enterprises (SMEs) with easier access to loan, according to a May 17 CBM announcement. It is a joint venture between the Myanmar Banks […]

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MOU is signed for Myitkyina Economic Development Zone project

MOU is signed for Myitkyina Economic Development Zone project

Kachin State Government and Deputy Mayor of Paung San Province of the Republic of China signed a memorandum of understanding to build Myitkyina Economic Development Zone on 8th May. Kachin State Minister for Ministry of Finance, Revenue, Planning and Economic Development, Deputy Mayor of Paungsan Province and Managing Director from Hein Rong Chinese Investment Company have […]

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