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Four Ministries clarify undertakings in the first 100 days
Four ministries clarified their undertakings in the first 100 days of the new government to reporters in Nay Pyi Taw. The press conference was held at the Ministry of Information yesterday. Regarding...
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Plastic chips away at cash’s dominance in Myanmar
YANGON — Credit cards are gaining traction in Myanmar, where cash has long been king, with foreign players such as China UnionPay and Japan’s JCB lured by rising consumer incomes and an increasingly...
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6,900 km gas pipelines to connect Bangladesh, Myanmar, India
GARTALA: The government has ambitious plan to lay 6,900 km of gas pipelines linking Bangladesh, Myanmar, most north-eastern states, and West Bengal, ONGC Executive director S.C. Soni said here. “As...
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Burger King GM talks Myanmar expansion plans
Biting into a Burger King in Myanmar for now requires a passport, with the country’s only restaurant located past customs at Yangon International Airport. But franchise operator Minor Food Group is...
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Korea-Myanmar venture to build 500-acre garment zone
A Korean firm and a local company have teamed up with a view to building free-on-board (FOB) garment factories on 500 acres of land through a 50-50 joint venture. Myanmar-based Olympus Asia Group and...
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MIC grants permission for nine investments
Myanmar Investment Commission (MIC) granted permission on 19th August for nine local and foreign investments, including a five-star hotel. Pun Hlaing Lodge Hotel Management Co., Ltd has been given...
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Fish farmers advocate breeding catfish in tarpaulin lined ponds
in order to mitigate fatalities, crossbred catfish should be farmed in clear, tarpaulin-lined ponds in lieu of the conventional earth-dug ponds, say those in the fish farming industry. Despite a...
View ArticleExpression of Interest (EOI) for Cooperation Joint Venture in No.35 Heavy...
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Major earthquake strikes central Myanmar, kills four, destroys pagodas
A powerful 6.8 magnitude earthquake shook central Myanmar yesterday, killing at least four people and damaging famous pagodas in Bagan and other regions. The earthquake, with its epicenter inside...
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Myanmar Coffee Will Hit Whole Foods As an Economic Opening Continues
Poor diplomatic relations between the U.S. and Myanmar had made traders cautious, until recently. Two shipments of coffee beans from Myanmar arrived in the United States this month, the first...
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Workshop on investment opportunities for foreigners in Myanmar agricultural...
A workshop on investment opportunities for foreigners in the Myanmar agricultural sector organised by the Myanmar Fruit, Flower and Vegetable Producers and Exporters Association took place in the...
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Myanmar needs to break into the European markets, say jade dealers
More than the sole reliance on the Chinese jade market, efforts are required to break into European markets as well in order to protect Myanmar’s jade market, say sources in the jade trading industry....
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MOEAF members sign code of conduct
As controversy continues to swirl around allegations that the Myanmar government was condoning the “legal trafficking” of migrant workers to overseas jobs, it has emerged that more than 100 employment...
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H&M factories in Myanmar employed 14-year-old workers
Fashion retail giant says it has taken action against its two factories after new book in Sweden raises fears about working conditions in the country Swedish fashion chain H&M worked with clothing...
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Thai industrial estate developer Amata to expand into Myanmar
Aug 22 Amata Corp Pcl, Thailand’s biggest developer of industrial estates, aims to expand into Myanmar by 2020 to capitalise on rising foreign investment in the country. The company is counting on new...
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Tin May Extend Gains as Myanmar Ore Output Seen Flat Then Down
Tin, this year’s second-best performer among base metals, may extend gains as ore output from the No. 3 producer Myanmar is set to decline next year, according to the International Tin Research...
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Govt mulls rejection of US$300 million loan from China
Thanks but no thanks, the Myanmar government may be preparing to say to a major Chinese lender. As Foreign Minister Daw Aung San Suu Kyi discussed the future of the controversial Myitsone dam project...
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Thailand, Singapore eye in Myanmar’s solar energy sector
Two companies from Thailand and c have submitted proposals to Myanmar Investment Commission(MIC) to implement solar energy power projects in upper Myanmar, U Than Aung Kyaw, Deputy Director General of...
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Car showrooms without permit to have actions taken
Car showrooms allegedly making sales without a permit will be dealt with through legal action, it is learnt. Although there are about 200 car sale centers with permits, some car sale centers are...
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Jade and jewelry exports fetch over US$57million in four months
The export of jade and jewelry in four months of this fiscal year (FY) fetched over US$57million in four months of this fiscal year, it is learnt from the Ministry of Commerce. The export of raw jade...
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