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Kyat to appreciate strongly against dollar in post- Thingyan period
BUSINESS Date: Apr 11, 2018   View: 131
The kyat is expected to continue appreciating against the dollar after the Thingyan Festival, experts said. In addition to the depreciation of the US dollar in the global market, the import of ...
Fish market declines after Saudi import suspension
BUSINESS Date: Apr 10, 2018   View: 103
Myanmar's fish market is collapsing after Saudi Arabia has suspended import of fish and prawn citing diseases, said Win Kyaing, general secretary of Myanmar Fisheries Federation (MFF). Myanmar had ...
Myanmar fast-track tourist visa introduced
BUSINESS Date: Apr 10, 2018   View: 132
Myanmar has introduced a fast-track tourist visa that delivers confirmation within 24 hours of the application, year-round, including public holidays, according to travel website ttrweekly. The Tou...
Changes in car import policy contribute to drop in import value at Myawaddy
BUSINESS Date: Apr 10, 2018   View: 119
The import value of goods traded through the Myawaddy gate dropped by some US$50 million, a week prior to the end of the 2017-2018 fiscal year (FY), compared with the 2016-2017 FY, according to state ...
AGC Establishes Marketing Base in Myanmar
BUSINESS Date: Apr 10, 2018   View: 132
AGC Asahi Glass (hereinafter AGC) has opened a branch of AGC Asia Pacific Pte. Ltd., which oversees the Southeast Asian region, in Yangon City, the Republic of the Union of Myanmar (hereinafter referr...
Bilateral trade between Myanmar, South Korea worth $635mn
BUSINESS Date: Apr 08, 2018   View: 99
THE value of bilateral trade between Myanmar and South Korea in the first 10 months of the 2017-2018 fiscal year (FY) exceeded US$635 million, including $236 million in exports and $399 million ...
PETRONAS to begin drilling development wells in Taninthayi
BUSINESS Date: Apr 05, 2018   View: 105
MYEIK- Malaysian state-owned oil company PETRONAS will be beginning drilling development wells in M-12, M-13 and M-14 in the north-west sea from Myeik Township, Taninthayi Region, in October, November...
Myanmar-China Business Council to be formed this month
BUSINESS Date: Apr 05, 2018   View: 109
Myanmar-China Business Council will be established this month so that Myanmar businesspeople can participate in China-Myanmar Economic Corridor of One Belt One Road (OBOR), according to the Republic o...
Trade Deficit Low Due to Higher Export Volume
BUSINESS Date: Apr 05, 2018   View: 106
The trade deficit has significantly decreased due to an increased export volume, according to the data from the Ministry of Commerce as of mid-March from the beginning of the present Fiscal Year. T...
Yangon to Adopt New Policy for Rate of Wheel Tax
BUSINESS Date: Apr 05, 2018   View: 110
Yangon regional government is planning to adopt a new rate of Wheel tax based on engine power starting from April 1, according to Yangon Regional Parliament meeting. Before, it levied wheel tax bas...
Hilton Arrives in Mandalay with Picturesque Hillside Hotel
BUSINESS Date: Apr 05, 2018   View: 113
Hilton Mandalay has officially opened, now offering upscale accommodations in the center of the country’s second-largest and fastest growing city. Facing the fabled Mandalay Hill, which is home to s...
Phase One of the Thilawa SEZ’s Wilmer Jetty Project Is Complete
BUSINESS Date: Apr 05, 2018   View: 127
Ceremony for finishing first phase of Welmer Jetty, the third jetty in Thilawa SEZ, where Cargo ships and container ships can dock was held in Thilawa Industrial Zone on March 24. The project consi...
Virtual Payments Will Be Implemented, Chief Minister Says
BUSINESS Date: Apr 05, 2018   View: 117
U Pyoe Min Thein, Chief Minister of Yangon, promised to implement multi use cards for virtual payments for Yangon commuters. He mentioned his remark at the ceremony launching the 94 bus line and ap...
Digitalized System to be Employed for Data Collection on Mandalay Tourists
BUSINESS Date: Apr 05, 2018   View: 142
The Ministry of Hotels and Tourism will employ a digitalized system of collection number of tourists visiting Mandalay starting from the water festival. The Upper Myanmar Department of Hotels and T...
Myanmar entrepreneurs want government to negotiate with China on sugar re-export
BUSINESS Date: Apr 04, 2018   View: 132
MYANMAR entrepreneurs have requested the government to negotiate the ban on sugar re-exports with China’s commerce commission. The issue was raised by U Soe Lin, chair of Myanmar Sugar and Su...
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