Business News

Mandalay to host international gems expo in 2019

BUSINESS Jul 23, 2018
AN international gems expo is scheduled to be hosted in Mandalay next year, according to U Thein Win, Secretary of Mandalay Yadanar Mall Gems Entrepreneurs Development Committee. The aim of the... 21

Trade deficit reaches $1.1 billion

BUSINESS Jul 23, 2018
Myanmar’s overseas trade value for the current financial year topped US$10.165 billion, with a trade deficit of $1.1 billion, according to the Ministry of Commerce’s weekly statistical report iss... 20

HAGL Myanmar Website Launching Ceremony

BUSINESS Jul 23, 2018
The leading property development company HAGL Myanmar has celebrated the launch of its website on the 14th of July from 3 pm to 5 pm at Myanmar Plaza promotion area where visitors will be able to lear... 15

Maize exports to China fall during six-month interim period

BUSINESS Jul 21, 2018
MYANMAR’S maize exports to its main buyer China showed a steep drop in volume as well as price, said Muse merchants. The export price falls when China cleans their stockpile and there is self-... 62

Local gold price sees small decline due to high exchange rate

BUSINESS Jul 21, 2018
WITH a stronger US exchange rate, Myanmar’s gold price showed a small dip compared with the global gold market, which showed a significant decline, according to the Myanmar Gold Entrepreneurs ... 72

Fish farms explore new breeding options on rising costs

BUSINESS Jul 21, 2018
Local fish farms are in a bind. Not only are fish feed prices on the rise, export demand from Saudi Arabia, the largest buyer of Myanmar-produced fishery products, has fallen dramatically. As a result... 53

Can China be an agent of stability in northern Myanmar?

BUSINESS Jul 21, 2018
Beijing’s approach in Myanmar’s peace process embraces the belief that conflicts result from a lack of development instead of ethnic and political issues. AS Myanmar wraps up its latest round o... 55

Falling kyat value hurting trade, widens deficit

BUSINESS Jul 19, 2018
The US dollar yesterday surged to a high of K1425, buoyed by the Federal Reserve’s hawkish guidance and tension on trade between the world’s largest economies. The Central Bank of Myanmar set its ... 62

Why West is reluctant to invest in Myanmar

BUSINESS Jul 19, 2018
ince the National League for Democracy (NLD) assumed power in Myanmar in 2016, the country which was once shut out from the rest of the world, has been continuously opening up and integrating into the... 58

Can China-Myanmar Economic Corridor overcome hurdles to progress?

BUSINESS Jul 19, 2018
Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on bu... 54