WELCOME TO MYANMAR

WORKSHOP ON MONETARY SERVICE DEVELOPMENT AND INVESTMENT OPPORTUNITIES

The Ministry of Finance and Revenue is implementing monetary reforms for development of monetary sector which plays a pivotal role in economic growth    of the State, said Union Minister for Finance and Revenue U Win Shein at the Workshop on National Level Monetary Service Development and Investment

Opportunities held at Thingaha Hotel here on 18 September.

The Union Minister pointed out that the ministry has permitted to open new private banks and extend banks,has granted issued money changer license, authorize dealer license and has carried out deposit insurance,special drawing rights,managed floating exchange rate regime,foreign exchange auction,two way foreign exchange auction,with private banks which have gor license for foreign currency exchange. 

 The Microfinance Law was promulgated on 30-11-2012 and the Foreign Exchange Management Law on 10-8-2012.Plans are underway to implement banking network for promotion of payment system and Myanmar payment Union Card (MPU-Debit Card).Central Bank of Myanmar has signed MoUs with Tokyo Stock Exchange of Daiwa Research Institute and Policy Research Institute (PRI) of Japanese Finance and Revenue Ministry for capital market development.

The purpose of the workshop is to take advices from scholars,institutions and entrepreneurs in implementation monetary sector development for  public convenience, he added. Policy and plan will be carried out based on the results from the workshop by seeking successful implementation tasks and investment opportunities explained.

Then resource persons including Deputy Minister for Finance and Revenue Dr. Maung Maung Thein read out their papers and those attendees participated in discussions.

Present at the workshop were Union Minster at the President Office U Hla Tun,

Union Minister for Transport U Nyan Tun Aung,Union Minister for National Planning and Economic Development Dr. Kan Zaw, Deputy Ministers for Finance and Revenue Dre. Lin Aung and Dr. Maung Maung Thein,Governor of Central Bank of Myanmar U Than Nyein,Representatives of Pyidaungsu Hluutaw and Amyotha Hluttaw,managing directors and directors-general and directors of Central Bank of Myanmar,scholars,entrepreneurs and media pwersons totalling 195,-MNA

THE KOREA-MYANMAR INDUSTRIAL COOPERATION FORUM 2012 AND ONE-TO-ONE BUSINESS MATCHING WITH KOREAN DELEGATES

                      DATE: 24th Sept,2012 Monday

                      Venue:Grand Ball Room,Chatrium Hotel,Royal Lake,Yangon

Korean Participants:

           37 companies to be led by H.E. Mr. Jaedo Moon,Deputy Minister for

            Knowledge Economy

Organizers:  Ministry of Knowledge Economy 

                  Mineral Resources Cooperation Committee

                  Embassy of the Republic of Korea

                  KOTRA (Korea Trade Investment Promotion Agency

Group Meeting: For Myanmar entrepreneurs who have pianned projects and

                      look for Korean Investors

              

            Invited guests have to arrive at before 8:30 am.