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Burning down the house: Myanmar’s destructive charcoal trade
A nearly year-long investigation by Mongabay led to a multi-part reporting project into the illegal production and trade of charcoal in Myanmar. One route for charcoal sales from Myanmar to China...
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Government settles gold debts by private miners
The outstanding gold debt owed by private gold mining firms to the government as at September 30, 2017 is 14,121.32 ticals, U Ohn Win, Union Minister for National Resources and Environmental...
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How the new vehicle import policy could disrupt the car market
On October 16, the Supervisory Committee for Motor Vehicles Importing officially released a set of new rules stating that only left-hand-drive vehicles can be imported into Myanmar from 2018 onwards....
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Five killed in Myanmar jade clash
YANGON: Police in northern Myanmar opened fire on hundreds of local residents who tried to enter a jade mine, killing at least five and injuring 20 others, state media said on Friday. Five policemen...
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Local shrimp market shrinking on falling US demand
As the US has stopped buying wild shrimp, the local market for shrimp is shrinking, U Hnin Oo, deputy chair of Myanmar Shrimp Association, told The Myanmar Times. In the past, Myanmar exported both...
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Japanese investor interest in Myanmar still high despite lower FDI
The Japanese remain interested in expanding their presence in Myanmar despite lower investments in recent years compared to before and a refugee crisis unfolding in northern Rakhine. At the 13th Joint...
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ATM makers eye Myanmar market
Global automated teller machine (ATM) makers are locked in a race for market share in Myanmar, where more than 90 percent of the population remains unbanked. US-listed NCR Corporation is one, while...
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Ayeyawady Chief Minister proposes coastal road to Rakhine
According to Ayeyawady Region’s Chief Minister Mahn Johnny, a coastal road connecting Rakhine State and Ayeywady will be paved. He confirmed the news that it will be a great contribution to...
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ICBC to become major BRI financier in Myanmar
The Industrial and Commercial Bank of China (ICBC) will position itself as the main financial services provider for all projects under China’s ambitious Belt and Road Initiative (BRI), Hong Laing,...
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Choosing the right international school
The writer advises parents to look for a school that strives to be a vibrant hub within the communities it serves, besides offering a perfect curriculum and extra-curricular activities. If you are a...
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New companies Act to go into effect early next year
A new Myanmar Companies Act will be enacted in early 2018 to expedite the reregistration process for companies that come to invest in the country, said Union Minister for Planning and Finance Kyaw...
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Colliers Quarterly Review – YANGON OFFICE Q3 2017
Upward Trending Demand amid Stabilised Rents Demand for office space has improved over each of the last five quarters as rents have stabilised at competitive levels. As of Q3 2017, the average...
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China helps Myanmar in development of monetary services: Banker
YANGON — The Industrial and Commercial Bank of China (ICBC) has been helping Myanmar in development of the country’s banking and monetary services by nurturing skilled banking personnel, He Biqing,...
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Government warning baffles video game shops
Video game operators are desperately seeking advice from authorities on where to secure license for their businesses amid threat by authorities to shut down their operations. Police and local...
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India wants coastal shipping with Myanmar
India has pitched for a coastal shipping agreement with Myanmar on the lines of the agreement it signed with Bangladesh. This will bring down trading and transport costs sharply and lead to a...
View ArticleRFP for provision of Fuel to all UN agencies on Long Term Agreement. Closing...
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Yoma Strategic profits from equipment sales, KFC expansion in Myanmar
On October 27, Yoma Strategic, an affiliate of First Myanmar Investments Company (FMI), which is listed on the Yangon Stock Exchange (YSX), announced a strong set of financial results for the period...
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Yangon to build 200,00 units of low-cost housing
Low-cost housing projects totalling about 200,000 units will be built in Dagon, Hlinethaya and Shwepyitha townships in Yangon Region starting in December to provide homes for the increasing number of...
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Collier Quarterly Review – YANGON RETAIL Q3 2017
Retail Market Gains Further Momentum Yangon continues to shift towards retail modernisation. In fact, the opening of St. John City Mall and Junction City Shopping Mall defined further quality...
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Gui Mi Restaurant – Authentic Yunnan-Burmese Cooking
WHO: Gui Mi Restaurant (闺蜜小吃店) WHERE: No. 71, 19th Street (Lower Block), Latha Township, Yangon. Tel: +95-9456909804. https://goo.gl/maps/vKwUznSvzgu Spend long enough in South East Asia, and you...
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