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Vehicles at knockdown price selling steadily in Yangon market
BUSINESS Date: Dec 13, 2017   View: 24
Most cars offered at bargain prices are selling well in the Yangon automobile market, as of early December. Vehicle owners continued to sell cars at prevailing market prices during the past mont...
Mid-Year Myanma Jade and Gems Emporium commences
BUSINESS Date: Dec 12, 2017   View: 43
The 2017 Mid-Year Myanma Jade and Gems Emporium was held yesterday morning at Mani Yadana Jade Hall in Nay Pyi Taw, with Vice President U Henry Van Thio in attendance...
Bamboo production still not keeping up with domestic, foreign demand
BUSINESS Date: Dec 12, 2017   View: 45
Ineffici ent methods of bamboo cultivation have resulted in a dwindling supply of bamboo, which cannot meet either domestic or foreign demand, according to the Myawady Daily. Though South Korea ...
Chin needs trade zone to increase exports to India: Commerce official
BUSINESS Date: Dec 11, 2017   View: 42
To promote Chin State’s economy, the government should establish a trade zone, according to a source at the Chin State Federation of Chambers of Commerce and Industry. The source said he had advise...
Over use of machinery and vehicles rampant in Lonekhin-Hpakant mines
BUSINESS Date: Dec 11, 2017   View: 39
Mining companies have been going over the limits of the number of machinery allowed to use in Lonekhin-Hpakant jade mines. According to MP Tint Soe from the Hpakant Constituency, companies have bee...
Myanmar tourism ministry demands lower hotel rates
BUSINESS Date: Dec 11, 2017   View: 43
Myanmar’s Ministry of Hotels and Tourism has called on hotels to lower their rates in an effort to attract more tourists, the military-run Myawady Daily reported last week. According to the repor...
Areca nut exports to India continue to decline
BUSINESS Date: Dec 10, 2017   View: 44
INDIA imported US$0.569 million worth of areca nut weighing about 700 tonnes from Myanmar in the week between 18 and 24 November through border points of entry, according to the Ministry of Comm...
Interviews with Myanmar’s entrepreneurs and the future of innovation
BUSINESS Date: Dec 10, 2017   View: 46
The 2nd Myanmar Young Entrepreneurs Association Summit was held on 9 December at the Myanmar Convention Center -2 in Nay Pyi Taw. Some of the pioneering youths and the Chairman of the Myanmar In...
Myanmar wins award at a Southeast Asian video festival
BUSINESS Date: Dec 10, 2017   View: 55
A contestant from Myanmar won an award for a children’s film at the South East Asia Prix Jeunesse Video Festival (SEAPJ)’s national and regional level competitions held in Manila, Philippines...
Five-Star “Pan Pacific Yangon Hotel” Opened
BUSINESS Date: Dec 08, 2017   View: 104
Opening ceremony of the International standard five-Star “Pan Pacific Yangon Hotel” was held at the Junction City, at Pabedan in Yangon yesterday. Present at the ceremony were U Ohn Maung, U...
Tender Applications Available for Five New Markets in Rakhine State
BUSINESS Date: Dec 07, 2017   View: 101
Tender applications for five new mar­kets in five town­ships of Rakhine State, are now available for ap­plicants, Rakhaing State’s government’s announce­ment. Each market will be three stor...
Foreign investment reaches US$4.7 billion so far in 2017-2018
BUSINESS Date: Dec 06, 2017   View: 88
Foreign investment volume has reached more than US$4.7 billion until November of the 2017-2018 fiscal year, a source from the Myanmar Investment Commission said. The meeting No 16/2017 of Myanmar ...
Aust backs businesses to empower Myanmar women
BUSINESS Date: Dec 05, 2017   View: 86
DOMESTIC and international companies in Myanmar should improve women’s empowerment at their workplaces to ensure sustainable growth, say participants at the annual conference on women in business an...
China seizes trucks carrying rice at Lweje checkpoint
BUSINESS Date: Dec 05, 2017   View: 89
Chinese officials began seizing trucks carrying rice to China at Lweje checkpoint on the Myanmar-China border starting on December 3, according to rice dealers. “About 40 rice tracks were seized ...
Citizen investments hit $77.28-bn in two months
BUSINESS Date: Dec 04, 2017   View: 89
The total domestic investments by citizens during September and October, including investment promotion and citizen investments, amounted to nearly 77.28 billion kyats, according to the Myanmar Invest...
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