Invitation for Pre-Qualification of Urgent Power Plant Rehabilitation and...
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Government Fixes Price for Massive Jade Stone at US$6 Million
RANGOON — The price of a massive unearthed giant jade stone in Hpakant Township, Kachin State, has now been fixed by the government’s Myanmar Gems Enterprise as worth around 7 billion kyats (around...
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Ban on Burmese Gemstones Lifted, Task Force Visits Myanmar- AGTA
October 24, 2016 – Dallas, TX — Responding to the concerns of its members regarding U.S. sanctions and perceptions of the Myanmar Gem and Jade sectors, the American Gem Trade Association (AGTA)...
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AIIB Looks Forward to Promoting Infrastructure in Myanmar: President
President of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun said here on Tuesday that the AIIB is looking forward to promoting infrastructure in Myanmar. A delegation from the AIIB led by...
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Myanmar’s Earning From Jade Export Declines This FY
EXPORT earning of jade was more than US$230 million over the first half of this fiscal year, registering a decrease of over $400 million compared to the same period last year. The export of jade went...
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IFC Clarifies Bagan Loan to in-Limbo Hotel, While Govt Says Status Remains Up...
The International Finance Corporation’s funding of a local hotel developer whose Bagan tourism project remains in limbo is dependent on government approval, the IFC clarified yesterday. On October 22...
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Fuel Price High in Domestic Market
THE price of fuel increased from 10 per cent to 14 per cent in the domestic market in October, according to filling stations in Yangon. The retail price of diesel on 29 October was Ks650 per liter,...
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Playing PPP Catch-up
Public-private partnerships (PPPs) have been used as a mechanism to build and upgrade infrastructure in the developing countries of Southeast Asia for several decades. However, PPPs are relatively new...
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MTSH Suspends Share Trading at YSX For Stock Split
Myanmar Thilawa Special Economic Zone Holdings Public Ltd (MTSH) announced yesterday that it would suspend trading of its shares at the Yangon Stock Exchange from October 30 to November 3. The board...
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Russia, Myanmar Launch Working Body for Nuclear Tech Cooperation
Russia and Myanmar this week established a working body for nuclear technology cooperation, according to officials. Little is known about the bilateral taskforce, including who is involved or even how...
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Yangon Plans to Replace Mingalar Market
According to the market places division of the Yangon City Development Council (YCDC), the fire-damaged Mingalar Market will be demolished within two months. Akari Phoo was awarded the tender for the...
View ArticleTwo sites for manufacturing rattan and bamboo products planned for next year
Finished rattan and bamboo products will be made in two places next year, said U Kyaw Thu, the chairman of the Myanmar Rattan and Bamboo Entrepreneurs Association. The finished products will be...
View ArticleOver 60 factories in the city of Yangon charged with violation of labour rights
YANGON region authorities took action against more than 60 factories for violation of labour rights, according to the Factories and the General Labour Laws Inspection Department. A total of 64...
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Transportation and communication sector receives largest investment
Out of 93 investment businesses, the transportation and communication enterprises have received the largest investments as of the end of October in this fiscal year, it is learnt from the Directorate...
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Cement import license seekers found the highest in Myitkhina, Kachin State
Out of export and import license seekers through border areas, the number of cement import license seekers is found to be the highest in Myitkyina, Kachin State. The cement licensees are the highest...
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Rubber market back to normal in northern Shan State from the rise of Chinese...
The rubber market has been brought back to normal in Northern Shan State, resulting from a rise in the price of the Chinese Yuan, it is learnt. The price of rubber remained unchanged in 2015 and 2016...
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New housing project in Mawlamyine estimated to produce about 2,000 units
The Urban and Housing Development Department under the Ministry of Construction plans to implement a new housing project in Mon State estimated to build about 2,000 new units. The department...
View ArticleTenders invited to install new bus stops in Yangon this month
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Three Mandalay Projects Delayed Pending Review
Three Mandalay Region development projects approved under the previous government are being reconsidered under the National League for Democracy administration. The projects are temporarily stalled...
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Myanmar’s Logging Ban Feeds shadow Economy of Illegal Trade
For the duration of the ban, which runs into April 2017, any demand for wood is expected to be met through stockpiled wood controlled by the government’s logging entity Myanmar Timber Enterprise...
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