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Foreign investments to be invited for the upgrade of jetties
BUSINESS Date: Feb 12, 2018   View: 3616
Foreign investments will be sought to upgrade jetties along the coast into international-standard ports as additional capacity is needed to supplement the Yangon port, which now handles 90 per cent of...
International community eyes investing in industrial zones in Yangon
BUSINESS Date: Feb 09, 2018   View: 3605
The international community has shown interest in establishing industrial zones in Yangon Region, according to the Directorate of Investment and Company Administration (DICA). "A lot of foreign inv...
Tourism project to be implemented in Chin, Kayin and Taninthari
BUSINESS Date: Feb 08, 2018   View: 3608
YANGON- According to the National Export Strategy, plans are underway to implement Community Based Tourism Project in Chin and Kayin States and Taninthari Region, says Aung Soe, Director-General of My...
Myanmar Gold Entrepreneurs Association to apply for licence to import pure gold blocks
BUSINESS Date: Feb 08, 2018   View: 3608
THE Myanmar Gold Entrepreneurs Association will seek an import licence from the Commerce Ministry to buy pure gold blocks from China and Thailand, U Myo Myint told City News. The Commerce Minist...
Loan disbursement plan to prioritise less developed regions
BUSINESS Date: Feb 07, 2018   View: 3604
Sixty per cent of the total loan granted by Japan International Cooperation Agency will be disbursed under the Credit Guarantee Insurance System. Priority will be given to less developed regions and s...
Mandalay hosts Myanmar Entrepreneurs Carnival
BUSINESS Date: Feb 05, 2018   View: 3603
2018 Myanmar Entrepreneurs Carnival, the first of its kind in the country, was held for two days on February 3 and 4 at Myanmar Institute of Information Technology in Mandalay Region. "In the past ...
GAC to Sell GS3 2018 Model in March
BUSINESS Date: Feb 04, 2018   View: 3604
Chinese carmaker GAC Motor plans to introduce its GS3 2018 to Myanmar market in March as the company seeks to build a presence in the young new car market. GS3 2018, a SUV model, is perfect for bum...
Market competition triggers fall in prices of edible bird’s nests
BUSINESS Date: Feb 04, 2018   View: 3611
THE prices of edible bird’s nests continued to fall in the domestic market, likely attributable to an increase in competition among producers, according to a report in Myawady Daily. Despite ...
Yangon chief minister underscores systematic management of industrial zones
BUSINESS Date: Feb 03, 2018   View: 3608
Yangon Region Chief Minister Phyo Min Thein has stressed the need to systematically manage the industrial zones where warehouses and vacant land plots are subject to market speculation as an industria...
Pigeon pea production drops in Sagaing Region this year
BUSINESS Date: Feb 01, 2018   View: 3606
As a result of unseasonal rainfall, the yield of pigeon peas (red grams) has dropped this year compared with last year. An acre produced some 15 to 20 baskets last year. A bag of pure pigeon pea...
No plan to reduce the interest rate: CBM
BUSINESS Date: Jan 31, 2018   View: 3599
The Central Bank of Myanmar has no plan to reduce the interest rate and will lower the interest rate only when the inflation rate is stable, said its deputy governor, Soe Thein, at a press conference ...
Markets in Yangon to be upgraded says Chief Minister
BUSINESS Date: Jan 31, 2018   View: 3600
At the inauguration of Danyingone wholesale market on Tuesday, Yangon Chief Minister Phyo Min Thein said that plans were underway to upgrade 170 markets in Yangon. “When we take over administrati...
Index Creative Village to go digital in Myanmar expansion
BUSINESS Date: Jan 31, 2018   View: 3593
CHANGES IN the behaviour of people in Myanmar have driven Index Creative Village Plc to shift its focus from offline to online in a bid to expand its business in the neighbouring country. Kreingkra...
Exporters concerned about slip in US dollar exchange rate
BUSINESS Date: Jan 31, 2018   View: 3596
Exporters in the country are worried that the exchange rate of the kyat against the US dollar will dip below Ks1,300. “Businessmen are watching the foreign exchange market closely. It will neg...
Shan State to build international standard avocado cultivation zone
BUSINESS Date: Jan 30, 2018   View: 3597
YANGON- A 2500-acre international level avocado cultivation zone will be built in Shan State this year under the help of the Shan State Government Committee, according to Myanmar Avocado Producer and ...
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