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Fullmoon of Tabodwe to be designated as Myanmar Thanakha Day
BUSINESS Date: Feb 13, 2019   View: 70
MYANMAR Thanakha Planters, Producers and Exporters Association will designate the Fullmoon of Tabodwe (19 February, 2019) as the Myanmar Thanakha Day and will promote the traditional cosmetic p...
Fastest Growing Mobile Wallet in Myanmar Aims for 30 Million Customers
BUSINESS Date: Feb 08, 2019   View: 126
KBZ Bank, Myanmar’s largest privately-owned bank, is celebrating a new milestone as KBZPay crosses the one millionth customer mark, placing itself as the fastest growing mobile wallet in Myanmar. Si...
TCEB and Bangkok Airways launch the ‘Fly and Meet Double Bonus - Redefined’ campaign to attract more corporate groups from Cambodia, Lao PDR, Myanmar and Vietnam
BUSINESS Date: Feb 07, 2019   View: 180
Bangkok--With the number of MICE travellers from Cambodia, Lao PDR, Myanmar and Vietnam (CLMV) growing 206% in 2018 and the opening of many new attractions, Thailand Convention and Exhibition Bureau (...
Sale of K500 lottery tickets will officially stop by end of April
BUSINESS Date: Feb 07, 2019   View: 124
The sale of K500 lottery tickets will officially stop at the end of April and only the sale of K1000 lottery tickets will continue, said Deputy Director Ei Ei Khaing from Aungbarlay lottery departmen...
Sales of Pathein umbrellas up in NyaungU as tourist arrivals surge
BUSINESS Date: Jan 31, 2019   View: 133
MOST tourists visiting the Baga- NyaungU area have been browsing through shops selling the Pathein Htee, or Myanmar traditional umbrella, in NyaungU Township of Mandalay Region. There are 220 vi...
Local fuel prices go up again due to increased global oil prices
BUSINESS Date: Jan 30, 2019   View: 125
Local fuel prices have increased a little with an increase of K25 to K60 per litre in January as global oil prices increase more this month than the previous month, according to local petrol stations...
Mandalay’s Real Estate Market Flexes with Strong Demand for Expensive Properties
BUSINESS Date: Jan 28, 2019   View: 166
Mandalay real estate market is active with strong demand for properties worth K500 million, according to Mandalay Region Real Estate Agents Development Association. “Demand for high priced proper...
Over 15,000 Companies Have Yet to Re-register Through Online Registration System
BUSINESS Date: Jan 28, 2019   View: 154
The Directorate of Investment and Company Administration (DICA) launched an online registration platform named MyCo starting from August 1, 2018, and urged all companies to re-register through the onl...
Dala Bridge Project Causes Land Price Increase in Dala Despite an Inactive Market
BUSINESS Date: Jan 28, 2019   View: 154
The price of land in Dala Township has gone up as a result of the Yangon-Dala bridge project despite the inactivity in its real estate market according to real estate service providers. A regular p...
Central Bank Allows Credit Without Collateral at 16 Percent Interest Rate
BUSINESS Date: Jan 26, 2019   View: 190
Central Bank of Myanmar is now allowing credit without the need collateral with a maximum annual interest rate of 16 percent, according to its announcement on January 15. The annual interest rate o...
Surveys show sharp decline in illegal trade since launch of crackdown
BUSINESS Date: Jan 26, 2019   View: 161
Many positive results have been obtained since China implemented a total ban on ivory processing and sales in its domestic market in January last year, according to scholars and relevant institutions...
Yangon Region gold body seeks Mining Dept license for mobile trading platform
BUSINESS Date: Jan 24, 2019   View: 154
THE Yangon Region Gold Entrepreneurs Association has sought a license for gold trading through its mobile application from the Department of Mines, under the Ministry of Natural Resources and ...
Gold embroidery industry remains alive in Mandalay
BUSINESS Date: Jan 24, 2019   View: 155
THE gold embroidery industry is still surviving in the Mandalay Region. Although a traditional and popular craft of Myanmar, gold embroidery is not included in the ‘Ten Flowers’, a metaphoric...
Myanmar oil millers body targets FDA certification for 150 mills by 2020
BUSINESS Date: Jan 22, 2019   View: 166
THE Myanmar Edible Oil Millers Association (MEOMA) will help millers in the entire supply chain get approved by the Food and Drug Administration (FDA), according to the Myanmar Trade Promotion O...
Restaurant company expands into Thailand with local cuisine
BUSINESS Date: Jan 19, 2019   View: 170
Feel International Group, Myanmar’s largest restaurant chain, has plans to expand and introduce Myanmar cuisine to Thai consumers with the opening of a restaurant in Bangkok. “At present m...
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