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Agricultural sector makes up 0.51 pc of total FDI
BUSINESS Date: Oct 15, 2017   View: 20
From 1988-1989 fiscal year until September this year, foreign direct investment (FDI) in the local agricultural sector exceeded US$380 million, which accounts for 0.51 per cent of total FDI, according...
Committee approves six foreign businesses with investment of over $9 million
BUSINESS Date: Oct 15, 2017   View: 27
The Yangon Region Investment Committee has allowed six businesses from Singapore, China and Hong Kong to invest more than US$9 million (12.3 billion kyat) in the industrial sector prior to October 11...
A new general cargo wharf in Thilawa to open soon
BUSINESS Date: Oct 13, 2017   View: 62
General cargo wharf project developed by Wilma Myanmar Port Terminals (Thilawa) The new general cargo wharf at Thilawa port will be opened at the end of November, according to Wilma Myanmar Port T...
Tea leafs from Shan State exported to Malaysia, Singapore and China
BUSINESS Date: Oct 12, 2017   View: 55
Tea leafs cultivated in Shan are exported to Malaysia, Singapore and China, according to a report in the Myawady Daily. Since three years ago, the tea leafs has been exported by air to Malaysia ...
Singapore investors channeling private equity to Myanmar SMEs
BUSINESS Date: Oct 11, 2017   View: 48
Credera Group, a Singapore private equity (PE) firm, is raising a $100 million PE fund to invest in greenfield ventures in the finance, manufacturing and consumer product sectors in Myanmar, according...
Poor timing in tomato cultivation led to unstable price
BUSINESS Date: Oct 11, 2017   View: 81
Myanmar tomato growers are weak in their choosing the right varieties for growing, their knowledge of pest protection and the timing of cultivation matched with production rates, according to ye...
Phase 2 of Zone B Thilawa SEZ project under way
BUSINESS Date: Oct 10, 2017   View: 68
The construction of Zone-B in the Thilawa Special Economic Zone Project will be finished in August next year. Plans are under way to develop phase 2 of Zone B, said Myint Zaw, officer and general m...
Trunk Cafe & Bar: New Downtown Chill Spot
BUSINESS Date: Oct 10, 2017   View: 104
Trunk Cafe, a warm and welcoming bar in downtown, is located on the main street of Bogyoke road. Although the road was blocked due to a local market, this bar still attracted its regular customers....
No FDI in three sectors this fiscal year
BUSINESS Date: Oct 09, 2017   View: 66
As of September of this fiscal year, oil and gas, mining and construction sectors had not yet seen an inflow of foreign investments, according to the Directorate of Investment and Company Administrati...
Yangon and Muse markets need to ban inflow of crab during breeding season
BUSINESS Date: Oct 09, 2017   View: 78
Crab producers requested the government to ban inflow of crab mainly to Yangon and Muse markets during breeding season, according to yesterday’s report of Myanma Alin. Crabs are scarce year b...
China, Cambodia offer to import Myanmar’s avocados
BUSINESS Date: Oct 09, 2017   View: 92
CHINA and Cambodia have offered to import avocados produced in Myanmar, according to a report of the Myawady Daily’s Saturday edition. U Kyaw Thu, secretary of the Myanmar Fruit, Flower and ...
Some 26% of Zone-B shares in Thilawa SEZ project sold out
BUSINESS Date: Oct 08, 2017   View: 81
The total foreign investment in Thilawa Special Economic Zone Project has exceeded US$1.1 billion (1.363 trillion kyat), said Myint Zaw, officer and general manager of Myanmar Japan Thilawa Developmen...
Maungdaw border trade on hiatus
BUSINESS Date: Oct 08, 2017   View: 80
Border trade at Maungdaw, Rakhine State, has been on hiatus since the ARSA Bengali terrorist group attacked over 30 border outposts on August 25, sources say. Warehouses were reportedly filled with...
Domestic investments mostly flow into real estate development sector
BUSINESS Date: Oct 06, 2017   View: 113
Since FY 1988-1989, domestic investments have reached Ks14.6 trillion so far, with the real estate development sector at the top of the list, according to the Myanmar Investment Commission (MIC)...
Chief Minister Announces Plan to Limit Taxis
BUSINESS Date: Oct 04, 2017   View: 208
The announcement by Yangon Chief Minister U Phyo Min Thien to minimize the number of taxis in the city gained some teeth last week. During a meeting with YBS owners at the Yan­gon Region Transport...
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