Economy and commerce
Economic development more important than democratic reforms, IRI survey
The Myanmar people are more concerned about the economy even as they expressed satisfaction about the country’s democratic reforms, according to a nationwide survey released on Tuesday. Forty percent of the 3000 respondents in the International Republican Institute (IRI) survey rated economic development as more ...
Customs upgrade expected to improve speed, fairness
A new customs law coming into force in November is expected to ease the country’s trade, says Customs Department director-general Kulit Sombatsiri.Keep reading ...
APEC eyes improvement to regulatory practices
Fifty delegates from APEC member-economies took part in a workshop on Traffic Light Score Methodology that began in HCM City yesterday. The methodology refers to a framework proposed by Mexico to help APEC members come up with effective regulatory practices to promote economic and social growth ...
Despite floods, rice output forecasts unchanged
Around 1 million rai of rice plantation in the Northeast was destroyed by the recent flood, but it is unlikely to have any severe effect on Thai rice production and export, with shippers and industry officials keeping rice export forecasts unchanged at 10 million tonnes.Keep ...
Improved regulatory expertise among APEC economies will enhance trade: experts
Improving the ability of regulators’ ability to conform to the Technical Barriers to Trade (TBT) agreement of the World Trade Organisation (WTO) will help APEC economies avoid trade impediments and have better access to international markets, experts said at a workshop held yesterday in HCM ...
Myanmar has 16 months left to join the AEC. Here’s a checklist of what needs to be done
Myanmar has until December 31, 2018, about 16 months, to join the ASEAN Economic Community (AEC), which aims to create a single market and production base with a free flow of goods, services, labour and capital across its member states. The AEC has so far achieved ...
Govt to offer incentives to port investors
Authorities are seeking approval from Deputy Prime Minister Somkid Jatusripitak for a new benefit-sharing arrangement between state and private sectors to give four river and sea ports shunned by investors a new lease on life.Keep reading ...
Ministry warns gold mining companies to pay outstanding debt
There are outstanding 150 viss of gold debts to be paid by over 100 gold mining companies to the government, U Phone Myint, deputy director from No. 2 Mining Enterprise under the Ministry of Natural Resources and Environmental Conservation, told The Myanmar Times. A total ...
Tapioca price control planned
Thai tapioca exporters have agreed to stop lowering prices to put a lid on the losses incurred by local farmers, industry officials said last week. Members of tapioca export agencies have agreed to work together to stop cutting prices for importers, mostly Chinese, in a bid ...
E-commerce set to boom in Laos but no laws to regulate sector
The e-commerce market in Laos is set to take off amidst the rapid growth of internet penetration in the region but the country still does not have laws to regulate such activities, experts have noted. This has resulted in Laos losing out on the benefits ...
