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MIC Approves Foreign Forestry Joint Venture
The Myanmar Investment Commission (MIC) has green lit their second ever foreign investment in the forestry sector, according to a Directorate of Investment and Company Administration (DICA) on August...
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Myanmar to learn from Malaysia on ease of doing business
In order to raise its rank on the World Bank’s ease of doing business index, a Myanmar delegation recently visited Malaysia, which is much higher on the index, to study the situation there. Their...
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CBM Invites Citizens to Exchange Old Bank Notes
Old, broken, or otherwise unusable bank notes can be exchanged for new ones at state-owned banks and private banks, according to an announcement by the Central Bank of Myanmar. The CBM has been trying...
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Pilot project to begin shipping from Thilawa to upper Myanmar
Transport authorities are planning to ship goods from the Thilawa port to the Simikhone port in upper Myanmar this month, according to the Inland Water Transport Department. The arrangement is jointly...
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MTSH falls upon trading ex-dividend, spurs rumours of share sale
Shares of Myanmar Thilawa SEZ Holdings Public Limited (MTSH), which is listed on the Yangon Stock Exchange (YSX), have plunged since trading ex-dividend on August 9. MTSH has proposed a dividend of...
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Myanmar must establish cultivation of new plant species and seeds
Myanmar must build businesses in the cultivation of new plant species and seed production, Union Minister for Ministry of Agriculture, Livestock and Irrigation Dr Aung Thu said. “As the agriculture...
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Regulatory roadmap needed for banking sector reform
Myanmar needs to establish a regulatory roadmap for the banking sector. This will give the local banks more clarity on the progress and timing of upcoming regulations, allowing them to gear up for...
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Ministry Launches Mobile App For Crop & Consumer Safety
The Plant Protection Division under Ministry of Agriculture, Livestock and Irrigation has recently introduced a mobile application to promote the effective and safe usage of pesticides on...
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Car import permits down 60pc in 2017-18
Applications for the import of passenger vehicle is down by more than 5,000 so far this fiscal year compared to the same period in the previous fiscal year, said U Aung Htoo, deputy minister for...
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Henkel Thailand expands footprint in consumer sectors
Building on 45 years of success in Thailand, Henkel continues to expand its presence in the adhesives and hair businesses and is aiming for greater growth, especially in the consumer sectors. Thailand...
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Rice prices jump in India; Bangladesh eyes import deal with Myanmar
BENGALURU (Reuters) – Rice prices in top exporter India rebounded this week, boosted by steady demand from Bangladesh which has been actively exploring fresh import deals with its neighbors and is...
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‘Tremendous opportunity for growth’ identified in the BIMSTEC region
Participants at a Yangon roundtable discussion today point to largely untapped opportunities for trade, communication and cultural exchange in a region of 2.5 billion souls. Parami Roundtable and...
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Ajinomoto spices up Myanmar offensive
TOKYO — Ajinomoto will bring production of seasonings long sold in Thailand to Myanmar, part of a broader push to expand operations into one of Southeast Asia’s most promising consumer markets. The...
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FDA burns illegal food, drugs in Myeik
The Food and Drug Administration (FDA) has burned food and drugs unfit for consumption in Myeik, Taninthayi Region. Expired and unlicensed items were among the destroyed goods. Dr Zin May Htay,...
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Myanmar strives for more reforms to boost tourism
Despite the decline in tourist arrivals last year, Myanmar aims to rebound its tourism growth by undertaking reforms to improve both domestic and international travels, says a tourism boss. Tint...
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Hong Kong leader heads to Myanmar seeking to complement Belt and Road
HONG Kong’s Chief Executive Carrie Lam will visit Myanmar on September 14-17 in an effort to step up its game in ASEAN and is expected to promote Beijing’s Belt and Road Initiative. Mrs Lam will be...
View ArticleMyanmar casts its net for a global terminal operator as port expands
Myanmar’s largest container port is in the process of bringing on a global terminal operator as majority shareholder. One of four inner-city terminals on Yangon River, Myanmar Industrial Port (MIP)...
View ArticleMyanma Timber Enterprise Export Marketing & Milling Department Invitation for...
1. Myanma timber enterprise will sell teak & hardwood round logs and Sawn timbers by open tenders in us dollars. Particulars of the open tender Sales are as follows: (a) Date & Time (22-9-2017)...
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Gemstone Sales Center Slated for Yangon
The Union government has created a working committee to plan and estabish a gemstone sales center in Yangon, U Kyaw Win, Chairman of Myanmar Gold Entrepreneur Association, said. The committee was...
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DICA Advocates for Investment in Conflict Zones
By the end of the month, the Myanmar Investment Commission will open a branch office in Sittwe to “provide a solution to regional conflict,” U Than Aung Kyaw, Deputy Director General of...
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