With the Myanmar Central Bank evaluation and selection process in full swing, this is a short list of foreign banks that will possibly receive a license to carry out banking activities in the country.
In December 2008, the China Development Bank and Myanmar Foreign Investment Bank signed a $2.4 billion loan deal to construct a 660 miles (1,060 km) oil pipeline from Kyaukphyu to Kunming in Yunnan province, China.
Myanmar’s trade with the rest of the world is low; the total value of trade is less than 60.0% of GDP.
Maintaining macroeconomic stability—relatively low inflation and a stable exchange rate—has been a major challenge for Myanmar. Myanmar has experienced rapid inflation in the past 2 years in terms of housing, wages and utilities.
The corporate tax rate (25%) and personal income tax rates are at 20% for incomes over MK20 million a year (about $28,000 at the current market exchange rate).
How can a parallel set of institutional infrastructure designed to fill the gaps be implemented in rural locations and what improvements in livelihood will it provide upon completion, not only for local regions and farming communities but the Union of Myanmar as a whole?
Farmers’ organizations are very important institutional instruments that will drive rural development and create productivity along with income contribution in both rural and national development. OilSeedCrops Editor's Personal Article.
Myanmar Population and Urbanization Growth Rates were presented at the 2014 Myanmar Infrastructure Summit; noting that even with rural ecomomic strategies to boost rural residents incomes, urbanization will continue. Mechanization in farming communities will also send more people in search of work in the countrys major cities.
Myanmar Population Growth Rate 1.1%
Myanmar Urbanization Rate 3.3%
I found Today Magazine to be a quality resource for social trends and information in countrywide. This publication is the one you want if you traveling or coming for business in Myanmar.
Studies show that 30-40% of total Primary mangrove forest areas may be allowed for aquaculture purposes and dedicated for forestry purposes or as game sanctuaries or source of timber.
The term of lease is usually 30 years for foreign investors and can be passed through in accordance with the pre-agreed terms and conditions.
A glance at the new 2014 Revenue, Income Tax and Commercial Tax Law percentage increases and 2013 foreign investment laws which have not changed after 12 months. Personal Income Tax (PIT), income bands and rates have been adjusted with the top rate increasing from 20 percent to 25 percent.
Corporate Income Tax (CIT), the same rate of 25 percent applies however, newly setup small and medium enterprises (SMEs) will have three year tax breaks, or until revenues reach in excess of MMK 5 million (US$ 5,000).
Commercial Tax (CT) applies to all services unless those that are specifically exempted, for example life insurance services, banking services and education services which is a reverse of the previous rule, where CT was not applied unless specifically stated.
A-1 and A-3 offshore gas fields Rakhine State; Yadana offshore gas project M-5 and M-6 offshore blocks Mottama Gulf; Yetagun offshore gas project M-12, M-13, M-14 offshore blocks, Mottama Gulf; Nyaungdon onshore gas field (54.4km) northwest of Yangon; Apyauk onshore gas field Taikgyi and Zalun townships in Yangon division.
Shwepyitha & Myanaung oil and gas fields Myanaung township, Ayeyarwady Division; Pyitaung Tan oilfield Shwetaung township Bago Division; Kanni & Htaukshabin oilfields Minbu SaKu township, Magwe Division; Letpando & Thargyitaung oilfields Pauk township, Magwe Division; Yenangyaung oilfield Magwe Division.
Overview of the Dry Lake Solar Energy Zone, Gold Butte Area, Clark County, Nevada funded by China's ENN Group. Proposed Mitigation Actions and Locations findings: Gold Butte ACEC is preliminarily recommended as the best recipient location for regional mitigation from the Dry Lake SEZ.
Rory Reid, the eldest son of Senate Majority Leader Harry Reid (D-Nev.), is chief consul representing Lionel Sawyer & Collins for Chinese firm ENN Energy Group which will invest up to $5-billion to build a solar plant on public land in Laughlin, Nevada.
Due to the fact that China exerts so much power over so many trading partners there are no embassies in Taipei, but rather trade offices of various nations that act as de-facto embassies. This list is a comprehensive listing of current April 2014 contact numbers.
Additionally, if you wish to find business contacts and import/export leads for the individual countries listed, this is a good place to start. One stop biz shop if you will for trade leads and government connections.