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Myanmar Strikes While Visa-Free Iron is Hot
With visa exemption between Myanmar and Singapore coming into effect from December 1, Myanmar Tourism Marketing (MTM) held the destination’s first B2B roadshow in Singapore last Friday, intent on...
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Over 2,200 job opportunities created from three permitted enterprises
A total of 2,217 job opportunities have been created from three enterprises permitted by the Myanmar Investment Commission. The three enterprises receiving permits at the Myanmar Investment Commission...
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6 hotels linked with Jovago offer 10 to 50 per cent promotion
To boost the number of travellers to Ngapali, six hotels linked with Jovago will offer 10 to 50 per cent promotion, it is learnt. Jovago has linked with a total of nine hotels in Ngapali which receive...
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Central Bank Official Urges Import Restrictions to Combat Weakening Kyat
With the kyat near record highs against the US dollar the business community is demanding that the Central Bank and the government take action to stem the slide and protect the currency from future...
View ArticleMyanma Timber Enterprise Tender. Auction Date 16 and 19 Dec 2016
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Global Brands Opt for EU-Backed Factories to Avoid Pitfalls of Controversial...
With its clean white surfaces, regulated humidity and glowing fluorescent lights, the quality control division of Bogart Lingerie’s facility in the Hlaing Tharyar industrial zone looks more like a...
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Korea Business Centre Opens Doors
A new business hub opened in Yankin township yesterday, with the Korea Business Centre (KBC) set to offer a range of services from office space hire to start-up consultation and investment...
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Coffee: You’re Making it All Wrong
Weekend learns the art – and the science – of making the perfect cup of coffee. Despite an unrelenting stream of coffee shop openings over the past year or so, it is still surprisingly difficult to...
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ADB to Help Improve Irrigation, Agriculture Production in Myanmar
The FINANCIAL — The Asian Development Bank (ADB) has approved a $75 million loan to help strengthen Myanmar’s agriculture production and value chain development by improving and modernizing...
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Hlegu Lures Speculators
Speculators with their eyes on Hlegu township are turning the area into a property price hotspot, according to real estate agents. The property market in Yangon has been notoriously sluggish in...
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Tea Touted as Solution to Budgetary Woes
As the government has found itself without enough cash to complete development projects scheduled in the current fiscal year, one cabinet member has aired an unusual proposal for financing the...
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Central Bank to Reform Reference Rate
The Central Bank will reform its daily dollar auction system as part of an attempt to address the weakening kyat, deputy governor U Set Aung told Myanmar’s business community last week. The deputy...
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Myanmar Bans Workers Going to Malaysia
YANGON – Myanmar has banned workers from going to Muslim-majority Malaysia as relations sour between the neighbours over a bloody military crackdown on the Buddhist country’s Rohingya minority. The...
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A Myanmar Success Story
MYANMAR’S re-engagement with the world inspired investment banker Aye Thiha to leave New York and return home in 2011. His own business has flourished since and he still sees new opportunities...
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Companies in Myanmar Express Concern About Regulation, but Optimism Remains:...
Companies in Myanmar expressed concerns about government regulation and policy, despite showing optimism for future growth, in a recently completed survey, said Thomas Klotz Tuesday morning at a...
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Foreign manufacturer of luxury vinyl tile looking for Myanmar partner....
Our client a manufacturer of luxury vinyl tiles is looking for a Myanmar business partner. Our client can produce vinyl tiles to look like real wood or marble that is suitable for the residential or...
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Myanmar company with establish F&B, HORECA supply; coffee roasting, grinding...
Our client is a well-known Myanmar company in the F&B, HORECA (hotel, restaurant and catering) supply; coffee roasting, grinding, distribution and equipment supply business in Myanmar. The...
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First Myanmar Investment First-Half Profit Jumps 52% on Year
YANGON — First Myanmar Investment said Tuesday its net profit surged by 51.9%, year on year, to 6.2 billion kyat ($29.1 million) in the first fiscal half ended Sept. 30. Revenue at one of Myanmar’s...
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Analysts Say 2016 is the Worst Year for Rangoon Construction Sector
RANGOON — Rangoon’s construction market faced its hardest year in 2016, as a result of changing government policies during a market cooldown, say critical industry observers. During the best...
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Myanmar’s Rickety Railways Poised for a Revamp
YANGON — As they pass Insein Station, a farmer and her fellow workers drag five huge bundles of vegetables to the front aisle of a railway car on the notoriously inefficient Yangon Circular Railway...
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