The final coordination meeting concerning the Draft Law for the Development and Protection of Micro, Small and Medium Enterprises (MSMEs) was held at the meeting hall of the Ministry of Legal Affairs in Nay Pyi Taw on February 25th.
The meeting was attended by the Union Minister for Legal Affairs and Union Attorney General Dr. Thida Oo, Union Minister for Industry Dr. Charlie Than, Deputy Minister, Deputy Attorney General, the Director General of the Legislative Vetting Department, the Director General of the Department of Industrial Supervision and Inspection, and responsible officials.
Following the opening remarks by the Union Minister and Union Attorney General, the Union Minister for Industry clarified that the drafting of a new Law for the Development and Protection of Micro, Small amd Medium Enterprises was undertaken based on recommendations from the Ministry of Legal Affairs.
At the Central Committee for MSME Development meeting (1/2023), it was decided to repeal the 2015 Small and Medium Enterprises Development Law and enact a new law rather than amend the existing one, incorporating digital economy aspects, research activities, and start-up business operations that were not included in the previous legislation.
Responsible officials attending the meeting then discussed and presented the contents of the draft law article by article. The Union Minister and Union Attorney General reviewed and finalized coordination on the draft law, noting that it is an appropriate piece of legislation that should be enacted to successfully implement the State's MSME development policy, ensure alignment with current conditions, and contribute to the country's economic development, it’s reported.
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The final coordination meeting concerning the Draft Law for the Development and Protection of Micro, Small and Medium Enterprises (MSMEs) was held at the meeting hall of the Ministry of Legal Affairs in Nay Pyi Taw on February 25th.
The meeting was attended by the Union Minister for Legal Affairs and Union Attorney General Dr. Thida Oo, Union Minister for Industry Dr. Charlie Than, Deputy Minister, Deputy Attorney General, the Director General of the Legislative Vetting Department, the Director General of the Department of Industrial Supervision and Inspection, and responsible officials.
Following the opening remarks by the Union Minister and Union Attorney General, the Union Minister for Industry clarified that the drafting of a new Law for the Development and Protection of Micro, Small amd Medium Enterprises was undertaken based on recommendations from the Ministry of Legal Affairs.
At the Central Committee for MSME Development meeting (1/2023), it was decided to repeal the 2015 Small and Medium Enterprises Development Law and enact a new law rather than amend the existing one, incorporating digital economy aspects, research activities, and start-up business operations that were not included in the previous legislation.
Responsible officials attending the meeting then discussed and presented the contents of the draft law article by article. The Union Minister and Union Attorney General reviewed and finalized coordination on the draft law, noting that it is an appropriate piece of legislation that should be enacted to successfully implement the State's MSME development policy, ensure alignment with current conditions, and contribute to the country's economic development, it’s reported.
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The Myanmar Investment Commission held its meeting No. (2/2026) on February 25th at the Meeting Hall, Office No. (5) in Nay Pyi Taw. The meeting was attended by the Chairman of the Myanmar Investment Commission, Union Minister U Mya Tun Oo, and Commission members.
During the meeting, the Commission approved, including capital increases for existing investment enterprises, two new foreign investment enterprises from the industrial sector and 15 new Myanmar citizen investment enterprises. The investment amount for these enterprises is 7.644 million USD and 557.907 billion Kyats, which will create 2,449 job opportunities.
The enterprises approved at this meeting include electric vehicle assembly, production, and sales businesses, which are critically needed for the country, foodstuff production businesses, livestock businesses, agricultural input production businesses, as well as residential building construction businesses and garment manufacturing businesses that will create numerous job opportunities.
Among the 53 countries/regions investing in Myanmar as of the end of January 2026, the countries/regions making the most investments are Singapore, China, and Thailand. Among the 12 economic sectors, the most invested sectors are the electric power sector with 28.27 percent of total investment, the oil and natural gas sector with 24.62 percent and the industrial sector with 14.65 percent.
The Myanmar Investment Commission is reviewing and approving investment proposals submitted by domestic and foreign investors, as well as providing investment-related services for existing investors in accordance with the Myanmar Investment Law, it’s reported.
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The Myanmar Investment Commission held its meeting No. (2/2026) on February 25th at the Meeting Hall, Office No. (5) in Nay Pyi Taw. The meeting was attended by the Chairman of the Myanmar Investment Commission, Union Minister U Mya Tun Oo, and Commission members.
During the meeting, the Commission approved, including capital increases for existing investment enterprises, two new foreign investment enterprises from the industrial sector and 15 new Myanmar citizen investment enterprises. The investment amount for these enterprises is 7.644 million USD and 557.907 billion Kyats, which will create 2,449 job opportunities.
The enterprises approved at this meeting include electric vehicle assembly, production, and sales businesses, which are critically needed for the country, foodstuff production businesses, livestock businesses, agricultural input production businesses, as well as residential building construction businesses and garment manufacturing businesses that will create numerous job opportunities.
Among the 53 countries/regions investing in Myanmar as of the end of January 2026, the countries/regions making the most investments are Singapore, China, and Thailand. Among the 12 economic sectors, the most invested sectors are the electric power sector with 28.27 percent of total investment, the oil and natural gas sector with 24.62 percent and the industrial sector with 14.65 percent.
The Myanmar Investment Commission is reviewing and approving investment proposals submitted by domestic and foreign investors, as well as providing investment-related services for existing investors in accordance with the Myanmar Investment Law, it’s reported.
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The Central Bank of Myanmar (CBM) injected 2.1 million baht and US$180,000 into the market on 24 February, in addition to selling over $2.5 million to edible oil-importing companies.
CBM sold $1.1 million, purchased from CMP companies, to edible oil-importing companies, in addition to selling 260,000 yuan in the market.
CBM announced on 20 November that it would sell $30 million to fuel oil importers. CBM also injected $543,000 and 1.3 million baht into the market after selling $1.35 million to edible oil- importing companies on the same day.
CBM pumped over 971,900 yuan and 4 million baht into the market, and sold over $1.84 million to edible oil importing companies.
CBM sold $900,000 to edible oil-importing companies and $2 million to fuel oil-importing companies on 18 February, along with an injection of $2 million, 130,000 yuan and over 679,540 baht on that day.
CBM sold over $43 million, 65 million baht and over four million yuan in January 2026.
CBM aims to curb the instability in the foreign exchange market and currency devaluation. According to CBM’s notification on 15 March 2024, it has been collaborating with law enforcement agencies to combat and prosecute those who attempt to manipulate the currency market under the existing laws. CBM allowed authorized dealers (private banks) to operate online foreign exchange trading freely as per the market rate, depending on supply and demand, starting from 5 December 2023. — NN/KK
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The Central Bank of Myanmar (CBM) injected 2.1 million baht and US$180,000 into the market on 24 February, in addition to selling over $2.5 million to edible oil-importing companies.
CBM sold $1.1 million, purchased from CMP companies, to edible oil-importing companies, in addition to selling 260,000 yuan in the market.
CBM announced on 20 November that it would sell $30 million to fuel oil importers. CBM also injected $543,000 and 1.3 million baht into the market after selling $1.35 million to edible oil- importing companies on the same day.
CBM pumped over 971,900 yuan and 4 million baht into the market, and sold over $1.84 million to edible oil importing companies.
CBM sold $900,000 to edible oil-importing companies and $2 million to fuel oil-importing companies on 18 February, along with an injection of $2 million, 130,000 yuan and over 679,540 baht on that day.
CBM sold over $43 million, 65 million baht and over four million yuan in January 2026.
CBM aims to curb the instability in the foreign exchange market and currency devaluation. According to CBM’s notification on 15 March 2024, it has been collaborating with law enforcement agencies to combat and prosecute those who attempt to manipulate the currency market under the existing laws. CBM allowed authorized dealers (private banks) to operate online foreign exchange trading freely as per the market rate, depending on supply and demand, starting from 5 December 2023. — NN/KK
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The Yangon City Development Committee (YCDC) invited interested business entities to compete in bidding for the supply of 50,000 gallons of diesel.
Those 50,000 gallons of diesel will be utilized in the projects of the YCDC in the 2025-2026 financial year. The tender form is available at the Procurement Division in the City Hall (first floor) starting from 25 February 2026. The tender closing date is noon on 4 March. Individuals can enquire details by dialling 01 388732 during office hours. — NN/KK
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The Yangon City Development Committee (YCDC) invited interested business entities to compete in bidding for the supply of 50,000 gallons of diesel.
Those 50,000 gallons of diesel will be utilized in the projects of the YCDC in the 2025-2026 financial year. The tender form is available at the Procurement Division in the City Hall (first floor) starting from 25 February 2026. The tender closing date is noon on 4 March. Individuals can enquire details by dialling 01 388732 during office hours. — NN/KK
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The signing ceremony of the Memorandum of Understanding (MoU) for joint organization of the Myanmar Gems Exhibition to be held at the Kyet Gaung Border Trade Zone in Ruili City, Dehong Prefecture, Yunnan Province, between the Ministry of Natural Resources and Environmental Conservation of the Republic of the Union of Myanmar and the Yunnan Provincial Government of the People's Republic of China, took place on February 24th, 2026, at the Haigeng Garden meeting hall in Kunming City, Yunnan Province, People's Republic of China.
Prior to the signing of the Memorandum of Understanding, a bilateral meeting was held. The Union Minister stated that both sides will cooperate in accordance with the MoU to further enhance bilateral trade and economic relations, increase collaboration in the gems trade, facilitate cultural exchange, and prevent illegal trafficking of jade and gems. He noted that cooperation also exists and will continue in the forestry and environmental conservation sectors. He expressed gratitude to the Government of the People's Republic of China and all those involved in the successful signing of the Memorandum of Understanding for jointly organizing the Myanmar Gems Exhibition.
The Memorandum of Understanding (MoU) was signed by the Permanent Secretary of the Ministry of Natural Resources and Environmental Conservation and the Deputy Governor of Yunnan Province, People's Republic of China, it’s reported.
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The signing ceremony of the Memorandum of Understanding (MoU) for joint organization of the Myanmar Gems Exhibition to be held at the Kyet Gaung Border Trade Zone in Ruili City, Dehong Prefecture, Yunnan Province, between the Ministry of Natural Resources and Environmental Conservation of the Republic of the Union of Myanmar and the Yunnan Provincial Government of the People's Republic of China, took place on February 24th, 2026, at the Haigeng Garden meeting hall in Kunming City, Yunnan Province, People's Republic of China.
Prior to the signing of the Memorandum of Understanding, a bilateral meeting was held. The Union Minister stated that both sides will cooperate in accordance with the MoU to further enhance bilateral trade and economic relations, increase collaboration in the gems trade, facilitate cultural exchange, and prevent illegal trafficking of jade and gems. He noted that cooperation also exists and will continue in the forestry and environmental conservation sectors. He expressed gratitude to the Government of the People's Republic of China and all those involved in the successful signing of the Memorandum of Understanding for jointly organizing the Myanmar Gems Exhibition.
The Memorandum of Understanding (MoU) was signed by the Permanent Secretary of the Ministry of Natural Resources and Environmental Conservation and the Deputy Governor of Yunnan Province, People's Republic of China, it’s reported.
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For exporting dried taro stems to the Republic of Korea, interested export companies are invited, said the Myanmar Fruit, Flower and Vegetable Producer and Exporter Association.
The Fresh Leaders Co Ltd in Incheon has imported agricultural products from Vietnam, Thailand and China and then distributed their imports to local well-known companies – Ottogi Corporation and CJ Group.
The notification sent from the Myanmar Trade Promotion Organization says the Korean company has offered to export dried taro stems as an ingredient of Korean spicy beef soup, MFVP said. Interested member companies can submit their company name, contact person, position and Viber phone number to the MFVP office’s Viber phone number 09 43127656, MFVP announced on 24 February. — MT/ZS
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For exporting dried taro stems to the Republic of Korea, interested export companies are invited, said the Myanmar Fruit, Flower and Vegetable Producer and Exporter Association.
The Fresh Leaders Co Ltd in Incheon has imported agricultural products from Vietnam, Thailand and China and then distributed their imports to local well-known companies – Ottogi Corporation and CJ Group.
The notification sent from the Myanmar Trade Promotion Organization says the Korean company has offered to export dried taro stems as an ingredient of Korean spicy beef soup, MFVP said. Interested member companies can submit their company name, contact person, position and Viber phone number to the MFVP office’s Viber phone number 09 43127656, MFVP announced on 24 February. — MT/ZS
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The Tourism Leadership Summit convened in New Delhi on Tuesday, focusing on strategies to strengthen India’s position as a competitive global tourism hub.
Organized by the U.S.-India Strategic Partnership Forum in collaboration with the Sankala Foundation, the summit brought together key stakeholders in the national capital. It aims to deepen public–private collaboration and develop actionable strategies to enhance India’s resilience and competitiveness in the global tourism sector.
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The Tourism Leadership Summit convened in New Delhi on Tuesday, focusing on strategies to strengthen India’s position as a competitive global tourism hub.
Organized by the U.S.-India Strategic Partnership Forum in collaboration with the Sankala Foundation, the summit brought together key stakeholders in the national capital. It aims to deepen public–private collaboration and develop actionable strategies to enhance India’s resilience and competitiveness in the global tourism sector.
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Japanese Trade Minister Akazawa Ryosei said he asked his US counterpart to make sure the latest developments on tariffs will not affect existing agreements between the nations.
A deal reached last July imposed a 15-percent tariff on imports from Japan. Also agreed was that levies on Japanese automobiles and auto parts under a different law would be lowered from 25 percent to 15 percent. A further element of the trade relationship was revealed last week. That was the first set of projects in Japan’s 550-billion-dollar investment in the American economy.
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Japanese Trade Minister Akazawa Ryosei said he asked his US counterpart to make sure the latest developments on tariffs will not affect existing agreements between the nations.
A deal reached last July imposed a 15-percent tariff on imports from Japan. Also agreed was that levies on Japanese automobiles and auto parts under a different law would be lowered from 25 percent to 15 percent. A further element of the trade relationship was revealed last week. That was the first set of projects in Japan’s 550-billion-dollar investment in the American economy.
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Myanmar’s Cars and Spare Parts Biggest Expo 2026, held for three days from 20 to 22 February at the People’s Square in Yangon, achieved 100 accumulated vehicle sales, attracting 8,6699 visitors.
This expo was managed by SPEC Event Management and jointly organized by the Yangon Region Road Safety Council (MORS), the Myanmar Automobile Manufacturer and Distributor Association (MAMDA), the Yangon Region Automobile Manufacturer and Distributor Association (YRAMDA) and the Myanmar Automotive Components and Accessories Association (MYACSAA).
The expo is crucial for car brokers, traders, car lovers, industry professionals and those interested in the automotive industry to explore, validate and procure the latest in mobility and automotive accessories.
“The expo showcased Brand New EV Cars, fuel Cars, used Cars, components, spare parts and branded automotive accessories with 60 stalls, strengthening payment security and displaying car insurance policies service. We like to express our appreciation to exhibitors, visitors and partners,” said a representative of SPEC Event Management. — ASH/KK
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Myanmar’s Cars and Spare Parts Biggest Expo 2026, held for three days from 20 to 22 February at the People’s Square in Yangon, achieved 100 accumulated vehicle sales, attracting 8,6699 visitors.
This expo was managed by SPEC Event Management and jointly organized by the Yangon Region Road Safety Council (MORS), the Myanmar Automobile Manufacturer and Distributor Association (MAMDA), the Yangon Region Automobile Manufacturer and Distributor Association (YRAMDA) and the Myanmar Automotive Components and Accessories Association (MYACSAA).
The expo is crucial for car brokers, traders, car lovers, industry professionals and those interested in the automotive industry to explore, validate and procure the latest in mobility and automotive accessories.
“The expo showcased Brand New EV Cars, fuel Cars, used Cars, components, spare parts and branded automotive accessories with 60 stalls, strengthening payment security and displaying car insurance policies service. We like to express our appreciation to exhibitors, visitors and partners,” said a representative of SPEC Event Management. — ASH/KK
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Yangon Region sees over 490,000 acres of various winter crops and over 16,000 acres of edible oil crops cultivation this year, according to the region’s Department of Agriculture.
After harvesting monsoon paddy, winter crops have been grown as a double crop: 60,451 acres of black gram, 421,045 acres of mung bean and 9,009 acres of other pulses, totalling 490,505 acres. There are also 4,441 acres of peanut, 3,833 acres of sesame and 8,001 acres of sunflower plantations, totalling 16,279 acres.
The staff also conduct educating programmes for the farmers regarding the farming techniques, successful plantation of winter crops and explanation of plantation rates.
“ We are conducting awareness programmes for farmers so they can expand the cultivation of oil crops and pulses year by year and achieve target yields. We are also assisting with technical support, irrigation water, and other needs. For example, sunflower cultivation has increased from over 4,500 acres last year to more than 8,000 acres this year. We have arranged the seeds for the farmers at affordable prices, and we believe farmers are satisfied with these high-yielding and successful results,” said Daw Hla Kyi, assistant director of the department.
With funding from the State Economic Promotion Fund, 8,945.20 tonnes of urea fertilizer and 7,000 tonnes of compound fertilizer were distributed in a timely manner to ensure adequate inputs for winter crops. Pulses are being cultivated in 14 townships of seven districts, while oil crops such as peanut, sesame, and sunflower are being grown in 16 townships in the same seven districts. — Nyein Thu (MNA)/KTZH
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Yangon Region sees over 490,000 acres of various winter crops and over 16,000 acres of edible oil crops cultivation this year, according to the region’s Department of Agriculture.
After harvesting monsoon paddy, winter crops have been grown as a double crop: 60,451 acres of black gram, 421,045 acres of mung bean and 9,009 acres of other pulses, totalling 490,505 acres. There are also 4,441 acres of peanut, 3,833 acres of sesame and 8,001 acres of sunflower plantations, totalling 16,279 acres.
The staff also conduct educating programmes for the farmers regarding the farming techniques, successful plantation of winter crops and explanation of plantation rates.
“ We are conducting awareness programmes for farmers so they can expand the cultivation of oil crops and pulses year by year and achieve target yields. We are also assisting with technical support, irrigation water, and other needs. For example, sunflower cultivation has increased from over 4,500 acres last year to more than 8,000 acres this year. We have arranged the seeds for the farmers at affordable prices, and we believe farmers are satisfied with these high-yielding and successful results,” said Daw Hla Kyi, assistant director of the department.
With funding from the State Economic Promotion Fund, 8,945.20 tonnes of urea fertilizer and 7,000 tonnes of compound fertilizer were distributed in a timely manner to ensure adequate inputs for winter crops. Pulses are being cultivated in 14 townships of seven districts, while oil crops such as peanut, sesame, and sunflower are being grown in 16 townships in the same seven districts. — Nyein Thu (MNA)/KTZH
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