Fake land deeds causing trouble for real estate dealers
Fake documentation for land has spiked as the property market cooled this year, requiring land traders to slow deals and add expenses as they authenticate the deeds, according to Myanmar Real Estate...
View ArticleMNA to Start Flying to Hong Kong and Taiwan
Myanmar National Airlines (MNA) will begin flights to Hong Kong and Taiwan later this year, the state-backed carrier announced. The airline has leased Boeing 737-800s for the routes. The planes are...
View ArticleOver $1 Billion Collected in Spectrum Fees from Telecom Firms: Minister
The government has received over $1.1 billion in spectrum usage fees from foreign telecom operators Ooredoo and Telenor, deputy minister for communications and information technology U Win Than told...
View ArticleSmall businesses not yet ready for ASEAN competition
Myanmar is not ready to enter the ASEAN Economic Community that is supposed to come into existence at the end of the year, a government official has told business leaders. Daw Aye Aye Win, deputy...
View ArticleThai trips expected to rise as visa-free deal comes into effect
Visa-free travel to Thailand comes into effect today, sparking a likely spike in visitor numbers, travel agents say. Following an agreement reached last month, Myanmar passport holders can now pop...
View ArticleTrade volumes climb on import growth
Myanmar’s bilateral trade this financial year until end-July is worth over US$500 million more than over the same period last year, according to figures compiled by the Ministry of Commerce. Trade so...
View ArticleMyanmar Trade Show, Exhibition & Conference Calendar for the month of...
You can find the location map of popular convention and exhibition venue at http://consult-myanmar.com/myanmar-exhibtion-hall-convention-center/
View ArticleUpper Scale Hotel Market in Yangon 1H, 2015
Research & Forecast Report Yangon | Upper Scale Hotel Market 1H 2015 Stronger supply pipeline despite less enthusiastic demand A total of 489 upper-scale hotel rooms were delivered in the 1H 2015...
View ArticleAll preparations for Yangon Stock Exchange in place by next month
ALTHOUGH the launch of the Yangon Stock Exchange (YSX) has been pushed back to the end of November or early December, Myanmar will ensure proper systems for the exchange will be in place by the end of...
View ArticleAuthorities Push for Taxi Dashcams
Regulators are considering the installation of CCTV surveillance cameras on taxi cabs as the frequency of criminal incidents on cabs has increased, according to the vehicle supervisory committee Ma...
View ArticleElection jitters as MIC gives permits
The Myanmar Investment Commission has permitted 11 more investments this week. Some claim this a sign that foreign business interest continues even as the election nears, though other experts say they...
View ArticleEnergy Advisor Woos Investors, But Hints at “Dark Forces”
U Soe Myint, a national energy sector advisor to the Asian Development Bank and former director general of Ministry of Energy’s Energy Planning Department, told a business seminar that more foreign...
View ArticleItalian-Thai to construct $500m LNG terminal in Dawei, Myanmar
Thailand-based construction firm Italian-Thai Development is planning to construct a liquefied natural gas (LNG) import terminal at Dawei industrial zone Myanmar, with an investment of $500m. LNG The...
View ArticleMinistry of Commerce launches raids on illegal beer imports
Unease over the import of foreign alcohol and tobacco still hangs like a haze over the sin industry. In part because of the desire to protect local brands, the government is still reluctant to let in...
View ArticleMOGE to Name Firms in End 2015 to Develop Myanmar’s Offshore Supply Bases
State-owned Myanmar Oil and Gas Enterprise (MOGE) is expected to appoint firms to develop new offshore supply bases in Myanmar later this year or early next year to support an anticipated increase in...
View ArticleMyanmar Implements its First PBN Procedures
Using a Cessna Caravan equipped with a retrofitted Garmin G1000 avionics package, Chris Baur, CEO of Hughes Aerospace, lead a team of Myanmar pilots through the first-ever PBN validation flight in...
View ArticleMyanma Timber Enterprise invites open tender for Teak Logs & Hardwood Logs;...
Myanma Timber Enterprise will sell Teak Logs and Hardwood Logs by competitive bidding. Particulars of the Special Open Tender Sales are as follows: Open Tender No: SOT-05/2015-2016, OTC-05/2015-16,...
View ArticleHome Ownership Dream Slips Away from Many Yangonites
As the price of real estate in Yangon keeps rising, the dream of homeownership is slowly slipping away for many of Myanmar’s middle-class. Many have been trapped in a cycle of perpetually paying rent,...
View ArticleICT City Inches Forward, But Still an Empty Lot
The Myanmar Computer Professionals Association said it has earmarked land for the development of the Information and Communication Technology (ICT) city. The over 300-acre land is located near Yangon...
View ArticleMPT, Line Team Up to Provide Free Service
MPT has collaborated with Line Messenger application to provide free internet service for the application during August and September. “The collaboration with Line is part of a long-term plan. MPT...
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