Clik here to view.
CBM licensing procedures in the spotlight in Yangon
The Central Bank of Myanmar (CBM) should allow financial organisations including fintech companies to operate only after confirming that their business models are credible and licensed, said MP Daw...
View ArticleClik here to view.
MP calls on Yangon to convert idle buildings and land into money earners, job...
A regional legislator has proposed that the Yangon government seizes idle buildings and land plots and turn it into productive assets that would not only earn income for the government but also...
View ArticleClik here to view.
Singapore’s Parkway Cancer Centre opens breast clinic in Yangon
SINGAPORE’S Parkway Cancer Centre in partnership with breast surgeons from Singapore and Centre for Better Living (CBL) Medical Centre in Yangon, have opened Myanmar’s first specialist breast clinic...
View ArticleClik here to view.
Ambient Digital Group Appoints Yvette Ces as Regional Associate Business...
Digital media and marketing solutions company, Ambient Digital Group, has appointed Yvette Ces as Regional Associate Business Director. Her responsibilities will include heading up the Myanmar...
View ArticleClik here to view.
China-India rivalry warms up in South Asia
For all the bilateral co-operation and warmth within the BRICS and other institutions, the intense China versus India rivalry remains as competitive as ever in South Asia. Being the stronger and more...
View ArticleClik here to view.
Taunggyi balloon festival contract may go for K280m
The Shan State government obtained K280.2 million from the tender of the Taunggyi Tazaungdaing balloon festival, State Finance Minister U Sai Shal Talon told The Myanmar Times on Thursday. The annual...
View ArticleClik here to view.
Three Gas-Generators to supply electricity needed for Myawady
Myawady, a Myanmar-Thailand border area town, is going to be supplied electricity needed for the town’s power consumption starting from November 2017 with three gas generators which produce 2...
View ArticleClik here to view.
Oil and gas contracts will be revoked unless exploration is carried out
Energy firms with permission to conduct offshore oil and gas exploration activities in Myanmar will have their contracts cancelled next year if they do not progress from the initial study period to...
View ArticleClik here to view.
ASEAN migrant remittances equal to Myanmar GDP
JAKARTA — Vast differences in living standards and wages across Southeast Asia have driven a massive rise in migration in the region since the mid-1990s, resulting in an estimated 6.77 million migrant...
View ArticleClik here to view.
18 shipping lines provide container handling at Yangon
Eighteen container shipping lines with 51 vessels are providing container-handling services at the container ports in Yangon. Yangon has six container ports – AWPT, HPT, MIP, MITT, BSW and AIPT – with...
View ArticleClik here to view.
Myanmar diesel imports rise as rice exports improve
Myanmar’s trade deficit has widened on the back of fluctuations in commodity prices, illegal trade and a weaker currency. In 2016-17, the trade deficit amounted to over US$5.5 billion, up from US$5.4...
View ArticleClik here to view.
TOA to establish three more overseas plants in Asean leadership drive
TOA Paint (Thailand) plans to set up three additional production plants overseas – in Indonesia, Myanmar and Cambodia – as it aims to become the leading player in Asean paint and coatings markets. The...
View ArticleClik here to view.
ASEAN’s largest packaging firm to start Thilawa operations next year
Kian Joo Group, the largest packaging business in ASEAN, is investing in a packaging plant in the Thilawa Special Economic Zone (SEZ). Construction of the plant is expected to be complete by the first...
View ArticleClik here to view.
Myanmar taps Israeli expertise in agriculture
ISRAELI expertise and technologies in agriculture are supporting Myanmar’s efforts in reforming its vast agriculture sector, while the recently enforced investment protection agreement is expected to...
View ArticleClik here to view.
Sampath Bank funds mega hotel development project in Myanmar
Sampath Bank PLC, a pioneer in introducing revolutionary financial solutions with a strong footing in the Sri Lankan market, announced that it had successfully concluded a loan transaction with Yangon...
View ArticleClik here to view.
Digitalisation to secure rice farming
BANGKOK (The Nation/ANN) – With the rise in smartphone usage in Thailand, Bayer’s country group head Simon-Thorsten Wiebusch said the next step to improve local rice crops may come from...
View ArticleClik here to view.
PyinOoLwin Flower Festival to be held on 1st December
An expanded PyinOoLwin Flower Festival will be held at the National Kandawgyi Botanical Garden in PyinOo Lwin beginning 1st December. “The flower festival has been held annually in Pyin Oo Lwin for...
View ArticleClik here to view.
SilkAir takes over Scoot’s Myanmar flights
Parent company SIA is consolidating its businesses. SilkAir will be taking the wheel of Scoot’s five-times-weekly services to Yangon, Myanmar, starting 29 October 2017. According to a press release,...
View ArticleClik here to view.
Japanese manufacturers eye expansion opportunities
After investing heavily in Thailand, Indonesia and Vietnam, Japanese businesses are now keen to expand in Myanmar, said Mr Satoshi Yamamoto, chief director of The Japan External Trade Organisation...
View ArticleClik here to view.
Businesses urge overhaul of banks’ loan policy
Banking experts and senior officers from the International Council of Small Business (ICSB) said Myanmar must change its loan policy to make it easier for businesses to access debt for growth. In...
View Article