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Thanakha cultivators increase due to high demand
BUSINESS Date: Aug 14, 2017   View: 51
The number of thanakha cultivators has increased in Sagaing Region as domestic and international demand has increased. Thanakha trees are mature after seven years and can be used to make a vari...
Silk weavers get regular domestic demand for luxurious silk clothes
BUSINESS Date: Aug 13, 2017   View: 50
Silk weavers from Latpen Village, Sagaing Township, Sagaing Region, said that they are seeing stable domestic demand for silk garments throughout the year. The village produces valued- added si...
Invitation for Tender Proposal for Bus-Fare Payment
BUSINESS Date: Aug 11, 2017   View: 83
For introducing bus-fare payment through card system in Yangon Transportation Services, Yangon Region Cabinet invited tender proposals as the first phase on August 9, according to Dr Maung Aung, ...
Local Company Sends Shan State Coffee to Denmark
BUSINESS Date: Aug 11, 2017   View: 94
Local coffee producer Sithar Co., Ltd is sending their first bag of Shan State coffee to a Copenhagen company this month. Danish cafe The Nomad & The Bean is importing it's first 50 kilograms of Si...
Jewelers urge government to cut taxes for gemstones trade
BUSINESS Date: Aug 11, 2017   View: 68
Jewelry dealers are urging the government to remove jade and other gemstones from Myanmar’s list of special commodities, according to a report of yesterday’s edition of Myawady Daily newspap...
54th Myanmar Gems Emporium continued for the eighth day
BUSINESS Date: Aug 09, 2017   View: 76
The eighth day of the Myanmar Gems Emporium was held in Maniyadana Jade Hall in Nay Pyi Taw yesterday. The jewelers from local and abroad submitted open tender after they observed jewelry and...
Tamarind exports earn US$130,900 in one week
BUSINESS Date: Aug 09, 2017   View: 83
Myanmar exported 440 tons of tamarind between 23 and 29 July, with an estimated value of US$130,920. This includes 224 tons of tamarind were exported to Thailand, Pakistan, Bangladesh...
Draft Companies Law designed to remove obstacles for foreign investment
BUSINESS Date: Aug 08, 2017   View: 103
A new Myanmar Companies Law currently being drafted by legislators will remove cumbersome restrictions and make foreign investment easier, said Dr Myat Nyana Soe, the secretary of Amyotha Hlutta...
Myanmar’s First Credit Bureau to Receive License Next Month: IFC
BUSINESS Date: Aug 06, 2017   View: 118
Myanmar’s first-ever Credit Bu­reau will launch in the next 9 to 12 months as it finishes receiving li­censes and trainings from the Central Bank of My­anmar (CBM), according to International Fin...
54th Myanmar Jade and Gems Emporium closes second day of auctions
BUSINESS Date: Aug 06, 2017   View: 123
The annual Myanmar Jade and Gems Emporium completed its fifth day yesterday at Mani Yadana Jade Hall in Nay Pyi Taw. This year the government is selling 20 lots of fine jade and 20 lots crude j...
Chin traditional hand-woven textile highly demanded
BUSINESS Date: Aug 05, 2017   View: 98
The local people from Haka, Falam and Tiddim are weaving the Chin traditional textile manually the whole year because of both local and foreign demand being on the rise. The Chin ethnic people ...
Myanma Insurance seeks to make insurance coverage a mainstream product
BUSINESS Date: Aug 03, 2017   View: 111
Myanma Insurance is attempting to make insurance products more accessible by redesigning life insurance policies, according to an interview with General Manager of Myanma Insurance U Khin Muang ...
MIC Mandate Forces Regional Branches to Micromanage
BUSINESS Date: Jul 30, 2017   View: 106
The Myanmar In­vestment Com­mission (MIC) has finalized regulatory caps for foreign and local in­vestment proposals in their regional branches. According to the Direc­torate of Investment and C...
Marriott International introduces its 2nd planned property in Myanmar
BUSINESS Date: Jul 28, 2017   View: 172
Marriott International announced the signing of Courtyard by Marriott Yangon, Myanmar. Located in the former capital and commercial center of the country, the new build hotel owned by Hotel Sule...
Yangon Stock Exchange Expo slated for September in Yangon
BUSINESS Date: Jul 27, 2017   View: 155
The Yangon Stock Exchange Expo is scheduled to be held at the Park Royal Hotel in Yangon on 10 September, according to a report of yesterday’s edition of City News. The expo will explore the ...
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