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Myanmar accedes to CLC Protocol
Myanmar has deposited its instrument of accession to the 1992 Protocol to the International Convention on Civil Liability for Oil Pollution Damage (CLC). The efforts to bring the legislation into...
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Official defends Yangon high-rise review as more results due
A member of the Yangon high-rise inspection committee charged with a city-wide review of high-rise projects has defended the controversial inspections, saying they are a “one off”, as developers brace...
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Logging suspended along Bago Yoma for 10 years
Logging in Myanmar has ceased for this financial year with logging along the Bago Yoma mountain range ceasing for the next ten years, according to the Department of Forestry that operates under the...
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CBM plans to practice RTGS online
The Central Bank of Myanmar (CBM) has planned to practice Real Time Gross Settlement (RTGS) online to transfer money between banks and customers, according to a CBM representative. The online system...
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Pasteurized milk still sour business for cattle farmers
Yangon, July 21 – cattle farmers from Ayeyarwady Region’s Hinthada Township are forced to stick with solely producing yogurt and other milk products, for want of pasteurized milk, as required...
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Milk prices can’t be reduced for lack of grazing lands
Yangon, July 21 – cattle farmers have expressed they are unable to lower their milk prices due to a dearth in grazing lands for their animals. Breeding cattle is usually a cost-effective enterprise,...
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Yangon high-rise review will cause bankruptcies, developers say
Twelve developers ordered by the government to reduce the scale of their high-rise residential projects in Yangon said yesterday that the review – which includes a total of 185 projects – could cause...
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Work on Thilawa ‘Zone B’ to begin after rainy season
The investors behind Myanmar’s first special economic zone will start accepting proposals for factories in second zone known as “Zone B” at the end of the rainy season, as both phases of “Zone A” near...
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Myanmar’s Radical Buddhist Group Gets Rebuked
Myanmar’s nationalist Buddhist group known as The Committee for the Protection of Nationality and Religion (Ma Ba Tha) has suddenly found itself losing support from government officials and the online...
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Traders Call on Govt to Support Jade Market
RANGOON — Jade traders in Mandalay have collected signatures to accompany a proposal requesting government support for a better jade market, they told The Irrawaddy on Friday. As Burma’s jade market...
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Telenor Group reports second quarter results, Myanmar growth
The Norway-based Telenor Group has reported positive second quarter results including continued growth in its mobile phone outreach in Myanmar, a country in the throws of a communication revolution...
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Myanmar census data undercuts Buddhist hardliner claims
NAY PYI TAW: Muslims make up just over two per cent of Myanmar’s population, government census figures showed on Thursday (Jul 21), undercutting claims by Buddhist hardliners that Islam poses a threat...
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SGP to acquire power plant in Myanmar
SIAMGAS and Petrochemicals (SGP), a supplier of liquefied petroleum gas, will take over a 230-megawatt power plant in Myanmar for US$48 million (Bt1.69 billion) in cash as part of its drive into other...
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A Myanmar bank’s e-wallet scheme to go nationwide
YANGON – Myanmar Apex Bank, the nation’s first bank to offer an e-wallet service, has set its sights on expanding the service across the country in three months, banking on the high mobile phone...
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Myanmar and Aireon to Collaborate on Space-Based Air Traffic Monitoring System
The Department of Civil Aviation (DCA) in Myanmar just announced it has signed a Memorandum of Agreement with Aireon LLC, a Virginia, U.S. based air traffic surveillance system provider, to...
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US approves $21m assistance to Myanmar
YANGON – The United States will provide an additional US$21 million (Bt730 million) in assistance to Myanmar, to promote economic growth and capacity building for long-term development in the country....
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India, Bangladesh, Myanmar work together on quake prediction
KOLKATA: Efforts are on by Indian seismologists and geologists to jointly carry out studies with Bangladesh and Myanmar and form a common geodetic network to verify fresh data and sort out...
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Over 40 tonnes of coffee to be exported to Taipei and South Korea
Over 40 tonnes of coffee produced from Ywar Ngan Township are to be exported to Taipei and South Korea, according to the Ywar Ngan Coffee Association. The coffee received 87 out of 100 marks for it’s...
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Taiwan and EU cease buying Myanmar green peas
TAIWAN and the EU have stopped buying Myanmar green peas due to their finding the remnants of insecticides inside the product, it has been learned from merchants of beans and pulses. “We exported the...
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Myanmar imports nearly 15,000 motorbikes this month
MYANMAR imported about 15,000 motorcycles worth over US$6m through border trade camps within the first week of this month, according to the Ministry of Commerce. The imported motorbikes mainly entered...
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