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AGC Group's Indonesian Company, PT Asahimas Flat Glass, Starts Commercial Production of High Value-added Products at Cikampek Plant
BUSINESS Date: Apr 18, 2019   View: 28
AGC Inc. announced on April 15 that the AGC group's Indonesian unit, PT Asahimas Flat Glass Tbk (AMG) (*1), began operating a mirror line at its Cikampek plant in the first quarter 2019 following the ...
Local Animal Feed Prices Unstable
BUSINESS Date: Apr 17, 2019   View: 51
Local raw materials for making animal feed has continued to be unstable, this reflects the market situation in China, Dr. Thet Muu, President of Myanmar Fish and Shrimp Feed Producers Association, sai...
Sales of Shared in FMI Air Limited
BUSINESS Date: Apr 17, 2019   View: 55
The Board of Directors of First Myanmar Investment Public Co., Ltd. (the "Company" and with its subsidiaries. the "Group") wishes to announce that the Company has on 22 March 2019 entered into a condi...
CBM Allows WeChat Trial in Selected Areas
BUSINESS Date: Apr 17, 2019   View: 56
With the increased number of Chinese tourists coming to Myanmar, Central Bank of Myanmar is working to make payments easier for tourists in order to encourage more spending. To accomplish this, they h...
Government to Levy Five Percent Tax on Handsets and Accessories
BUSINESS Date: Apr 15, 2019   View: 60
The government will levy a five percent commercial tax on the sale of handsets and accessories starting from June 1 this year, according to U Min Htut, Internal Revenue Department. “We will enfor...
Chinese firm seeks to build a theatre in Bagan
BUSINESS Date: Apr 07, 2019   View: 183
A chinese company is interested in building a theatre in the Bagan heritage zone in Mandalay Region, according to the Department of Archaeology and National Museum in Bagan. Officials of the Yu...
Yangon Real Estate Only Seeing Demand for Rentals
BUSINESS Date: Apr 05, 2019   View: 154
Due lack of investment in Yangon’s real estate sector, there is very little demand for real estate properties with exception of rental properties, according to local real estate agents. “Invest...
Per capita income of citizens projected to hit 3,000 USD in 2030
BUSINESS Date: Mar 19, 2019   View: 239
Per capita income of citizens is projected to hit 3,000 US dollar per year in 2030, and the World Bank’s the ease of doing business index for Myanmar rises to within the top 100 by 2020, said Vice-...
Fourth day of Myanma Gems Emporium continues in Nay Pyi Taw
BUSINESS Date: Mar 15, 2019   View: 266
ON the fourth day of 2019 56th Gems Emporium, 69 gems lots were reported to be sold at Euro 1.024 million. A total of 500 gems lots were put up for sale through an open tender system on the four...
Calls for sales of blended cooking oil to be legalised
BUSINESS Date: Mar 15, 2019   View: 255
Oil dealers want to sell blended oil made of peanut and palm oil, according to the industry body. U San Lin, vice president of Myanmar Edible Oil Dealers’ Association, said blended product wi...
Myanmar's black gold lures plucky oil drillers
BUSINESS Date: Mar 15, 2019   View: 243
MINHLA — As clouds of acrid, black smoke belched above the flames engulfing an artisanal oil field in central Myanmar, prospectors from nearby hillsides arrived in droves, hoping for riches from a f...
Marine exports up $26 mln in five months
BUSINESS Date: Mar 11, 2019   View: 253
MYANMAR earned about US$364 million from the export of fisheries products in the first five months of the 2018-2019 fiscal year, increasing by $26 million from the corresponding period last 2017...
KBZ Bank Working to Spur Home Ownership Among Locals
BUSINESS Date: Mar 08, 2019   View: 341
KBZ Bank is launching a set of new Home Loan products aimed at increasing home ownership aiming locals. The five Home Loan options offer preferential rates and are structured simply to offer different...
Nearly 60% of dried fish depots suspended due to import ban
BUSINESS Date: Mar 08, 2019   View: 301
NEARLY 60 per cent of dried fish depots in the country have suspended operations on account of the ban on import of raw dried fish, according to the Myanmar Fish Paste, Dried Fish, and Fish Sauc...
Industrial Bank of Korea Eyeing Presence in Myanmar
BUSINESS Date: Mar 08, 2019   View: 281
Industrial Bank of Korea, which is supporting small and medium enterprises in South Korea, is eyeing to extend its services in Myanmar, U Aung Kyi Soe, General Secretary of UMFCCI, said at the worksho...
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