Japan to ease visa rules for more ASEAN countries
September 26, 2013
After relaxing visa rules for tourists from Thailand and Malaysia, Japan plans to also ease visa requirements for Myanmar, Cambodia and Laos by the end of 2013 as part of…
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World Bank lends Myanmar $140m for power plant
The World Bank said on September 24 that it will extend a $140 million interest-free loan to Myanmar to refurbish a power station in the southern part of the country….
Myanmar finally gets consumer protection law
Myanmar is preparing to enact a consumer protection law in a bid to ensure safety of locally manufactured products, Khin Maung Lay, Director General of the Ministry of Commerce, said…
South Korea, ASEAN to boost agro-cooperation
South Korea and the ten-member ASEAN bloc will hold talks on September 27 on boosting their agricultural cooperation and on establishment of a joint stockpile of rice. The ASEAN+3 meeting…
Alstom looks into power projects in Myanmar
French conglomerate Alstom is eyeing to take advantage of opportunities in the Myanmar’s hydropower sectors, the company’s chairman and CEO Patrick Kron said. The firm – which was the main…
Lee: ASEAN economic integration ‘economically difficult’
Singapore Prime Minister Lee Hsien Loong in a statement in September 17 said that achieving the ASEAN Economic Community (AEC) will "depend on the political will of member states," and…
Myanmar admits: $7.6b in foreign accounts
The Central Bank of Myanmar on September 20 said the country’s lenders have parked more than $7 billion worth of foreign reserves in overseas bank accounts, but rejected reports that…
Apple’s first authorised store opens in Myanmar
Apple’s first authorised reseller in Myanmar, ‘mDrive’, will open an Apple store in a shopping center in Yangon, local media reported Until now, Apple products have entered the country through…
Myanmar’s top commercial tax payers: The full list
Myanmar’s Internal Revenue Department released the list of the top 100 commercial and income tax payers for the 2012-2013 fiscal year on September 14. The top ten commercial tax payers…
GDP per capita in ASEAN doubled since 2000
Real gross domestic product (GDP) per capita in purchasing power parity in ASEAN has almost doubled from $2,882 in 2000 to $5,581 in 2011, according to a report launched on…
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