Business News

Yangon Inviting Foreign Investors to Help Provide Low-Cost Housing

BUSINESS Jun 13, 2019
The Yangon Regional Government will implement low-cost housing for people who do not have a home; individuals in this situation will only need to pay for the apartment, not the land. U Phyo Min The... 120

Local gold price likely to slip further: gold traders

BUSINESS Jun 11, 2019
TRACKING the drop in the price of gold globally, the yellow metal is likely to continue its slide in the domestic market, said U Ohn Myaing, General Secretary, Myanmar Gold Entrepreneurs Associa... 126

Gem sale in local currency continues in Nay Pyi Taw

BUSINESS Jun 11, 2019
THE third day of a sale of gems and jades in the local currency continued at the Mani Yadana Jade Hall in Nay Pyi Taw yesterday, putting up 260 gem lots and 3,108 jade lots for sale through an o... 133

Japan-backed Thilawa special economic zone expanding

BUSINESS Jun 08, 2019
YANGON — A Japan-backed special economic zone in Myanmar is expanding as an alternative production hub for China and Viet Nam, attracting growing numbers of Japanese and other foreign firms to... 128

Myanmar in Talks with Authorities from China

BUSINESS Jun 06, 2019
Myanmar is currently having discussions with authorities from Yunnan province and Shanghai province in order to export agricultural and livestock products from the Yangon market, said U Phyo Min Thein... 139

MNA air tickets to be sold at 15% discount at Travel Fair 2019

BUSINESS May 31, 2019
Prices of domestic and international plane tickets will be sold at a 15% discount at Travel Fair 2019 of Myanmar National Airlines (MNA). Travel Fair 2019 will be held at Myanmar Plaza in Yangon o... 157

Myanmar fish breeders need to adhere to GAqP for EU market

BUSINESS May 27, 2019
AS Myanmar’s farmed fish is now allowed for exporting to the European Union, breeders are preparing to follow requirements to ensure Myanmar fishery products meet the regulations of importing ... 209

Mobile Tax Payment System Expected to Start in June

BUSINESS May 27, 2019
The Internal Revenue Department expects to launch an electronic payment system for small taxpayers in June this year, according to Daw Khaing Khaing Win, Deputy Director of Information and Technology ... 204

ENI to start oil exploration process in Magwe this year

BUSINESS May 24, 2019
Italian oil and gas company Eni Myanmar B.V (ENI) will commence oil exploration in onshore block RSF-5 located in Magawe Region by the end of the year, the company announced on May 20. Explorat... 231

MPT Books and Putet Comics Join Forces to Provide Expanded Content

BUSINESS May 24, 2019
On May 15, 2019, MPT Books announced that they had successfully joined forces with Putet Comics, Myanmar’s most popular publisher of graphic novels. This move expands MPT Books’ content choices, e... 264