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Real estate prices reach record highs downtown and at industrial zones
BUSINESS Date: Jun 27, 2017   View: 32
Government real estate assessors estimate that property values on Kabar Aye Pagoda Road and Pyay Road between Kamayut and Sanchaung townships have reached a record highs of Ks400,000 per square ...
Mandalay bens and Pulscs market on decline despite unblocking of accounts
BUSINESS Date: Jun 27, 2017   View: 50
Mandalay beans and Pulscs market remains on decline this week even after China has unfrozen over 300 bank accounts....
Mandalay Night Market opens to massive crowds
BUSINESS Date: Jun 25, 2017   View: 92
Mandalay will formally open the Yandanapon Night Market consisting three zones at the foot of Mandalay Hill in mid-July, according to a report yesterday in Mandalay Yandanapon newspaper....
Construction Milestone Sees High Rise Galaxy Towers Shift to Next Phase
BUSINESS Date: Jun 25, 2017   View: 69
The fourth and final tower of up-scale high-rise apart­ment development Galaxy Towers in Yangon is now structurally complete, ac­cording to one the pro­ject's main backers Yoma Strategic. Now th...
Thai Export Import Bank Opens Office in Yangon in Bid to Promote Trade, Investment
BUSINESS Date: Jun 25, 2017   View: 70
The Export-Import Bank of Thai­land (EXIM)has launched a representative office in Yangon in a bid to promote trade and in­vestment between the two neighbours. EXIM's Yangon branch will be the fir...
Used Mini-Truck Prices Surge After Government Announces Import Restrictions
BUSINESS Date: Jun 25, 2017   View: 74
The price of used mi­ni-trucks - trucks weighing less than one tonne - surged last week after the govern­ment announced it would restrict importers to bringing in a maximum of one used truck per mon...
Chin State gets priority for future business development
BUSINESS Date: Jun 23, 2017   View: 70
The Ministry of Planning and Finance said yesterday that Chin State will be prioritised for help in its future business development....
China reopens Myanmar company bank accounts
BUSINESS Date: Jun 23, 2017   View: 83
China reopened Myanmar company bank accounts yesterday which were frozen on 14 June as part of an ongoing gambling probe, according to the Ministry of Commerce....
MIC permits 66 foreign and 24 Myanmar citizen investment projects
BUSINESS Date: Jun 23, 2017   View: 83
The Myanmar Investment Commission (MIC) permitted 66 foreign investment and 24 Myanmar citizen investment projects as of mid June in the current fiscal year, according to Wednesday’s edition o...
New stamps as gold tax goes national
BUSINESS Date: Jun 22, 2017   View: 77
COMMERCIAL tax stamps will be affixed to gold purchase receipts beginning in July to reflect a new levy imposed upon gold purchases this month, an Internal Revenue Department official told Myawa...
Yangon government to call for tenders to renovate abandoned amusement park
BUSINESS Date: Jun 21, 2017   View: 107
The abandoned amusement park next to the Yangon Zoo might be getting a second lease on life, although that day is probably still a good while away. First opened in 1998, the park was shut down roug...
China freezes bank accounts of Myanmar companies : Commerce minister in negotiations to reopen accounts
BUSINESS Date: Jun 19, 2017   View: 77
Three banks in Yunnan Province, China froze the bank accounts of over 100 Myanmar companies engaged in border trade last week over possible links to illegal internet gambling and smuggling, prom...
Gold to be allowed for export/ import
BUSINESS Date: Jun 19, 2017   View: 100
A discussion is ongoing to delist gold from the list of restricted items for export and import, according to Sunday’s report of the Myawady Daily newspaper....
Japan constitutes nearly half of FDI in Thilawa SEZ
BUSINESS Date: Jun 18, 2017   View: 113
Japan has put investments of US$468 million into Thilawa Special Economic Zone (SEZ) so far, accounting for over 43 per cent of total foreign direct investments, according to Myanmar Japan Thila...
FDI reaches over US$920 million
BUSINESS Date: Jun 15, 2017   View: 104
Foreign direct investment (FDI) reached US$920 million in April and May, according to Directorate of Investment and Company Administration (DICA)....
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