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Authority issues 1,501 mining permits as of last month
BUSINESS Date: Apr 22, 2017   View: 41
THE Department of Mines issued a total of 1,501 mineral prospecting, exploration and production permits to mining companies as of last month to run mining businesses in states and regions as we...
SME assistance in Mon and Taninthayi to begin next month
BUSINESS Date: Apr 22, 2017   View: 29
The SME Capacity Building Program in Mon State and Taninthayi Region will start in May, said an official from the Ministry of Industry....
Price of jade falls in Mandalay market post-Thingyan
BUSINESS Date: Apr 21, 2017   View: 66
THE PRICE of jade has steadily declined in the domestic market after the period of the Thingyan New Year celebration, according to the merchants in Mandalay Region....
Myanmar, Japan to boost collaboration on SME development
BUSINESS Date: Apr 21, 2017   View: 29
Myanmar business leaders will work together with Japanese entrepreneurs to implement the development plan for the country’s immature small-and-medium-scale enterprises (SMEs), according to the...
Time to fix the economy with action, not words
BUSINESS Date: Apr 21, 2017   View: 55
Peace in Myanmar has come with a heavy price tag. Economists and business owners, while acknowledging and applauding the measures put into achieving peace and stability, say the National League for De...
US dollar exchange rate dips with lower US dollar index
BUSINESS Date: Apr 20, 2017   View: 66
With the US dollar index weakening since 10th April, the US dollar exchange rate fell to Ks1,351 eight days later, according to the local currency exchange market....
High global gold price hikes up domestic gold price
BUSINESS Date: Apr 20, 2017   View: 57
The domestic gold price reached a record high of about Ks912,000 per tical as the global gold price has risen since 18th April, according to the local gold market....
Real estate development is 20% of Myanmar citizen investments
BUSINESS Date: Apr 19, 2017   View: 48
Real estate development accounted for over 20 per cent of investments by Myanmar citizens, followed by the manufacturing and transport sectors....
FDI hit over US$70billion as of end of March; last FY saw over US$6,649mil
BUSINESS Date: Apr 19, 2017   View: 36
Permitted foreign direct investments as of 31st March 2017 totalled over US$70 billion and last Fiscal Year 2016-2017 witnessed FDI of US$6,649.812 million, according to the statistics of the Di...
YSX not fully awakened after Thingyan holiday with low stock trading
BUSINESS Date: Apr 19, 2017   View: 40
Stock trading on the Yangon Stock Exchange (YSX) hit an all-time low of 1,439 shares on 18th April 2017 after the Thingyan Festival holidays, according to market data released by YSX....
Foreigners not much interested in Myanmar condominium
BUSINESS Date: Apr 18, 2017   View: 66
Foreigne rs have shown little interest in Myanmar’s condominiums on account of their inability to meet the condominium’s criteria and the weakness of law, according to an analysis by...
Amara Communications to roll out new 4G LTE data with Alepo’s solution
BUSINESS Date: Apr 18, 2017   View: 44
Myanmar’s Amara Communications will launch a new 4G LTE and fiber-to-the-subscriber (FTTx) network with the help of the network modernization system of Alepo, a U.S....
Commercial tax on gold purchases to start this month
BUSINESS Date: Apr 12, 2017   View: 96
In a bid to levy a commercial tax on gold purchases, a stamp duty will be issued at the end of April, said an official from the Internal Revenue Department....
Export value up by nearly US$500million
BUSINESS Date: Apr 11, 2017   View: 129
Export value in fiscal year 2016-2017 soared to US$11.62 billion, up from US$ 11.13 billion in the 2015-2016 fiscal year, an increase of nearly US$500million, according to statistics provided b...
Ten more tonnes of dried fish exported to India from Sagaing Region
BUSINESS Date: Apr 11, 2017   View: 163
Sagaing Region was able to boost the export volume of dried fish to India through Tamu town this year, with an increase of 10 tonnes against that of fiscal year 2015-2016, said an official from...
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