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Per capita income of citizens projected to hit 3,000 USD in 2030
BUSINESS Date: Mar 19, 2019   View: 60
Per capita income of citizens is projected to hit 3,000 US dollar per year in 2030, and the World Bank’s the ease of doing business index for Myanmar rises to within the top 100 by 2020, said Vice-...
Fourth day of Myanma Gems Emporium continues in Nay Pyi Taw
BUSINESS Date: Mar 15, 2019   View: 113
ON the fourth day of 2019 56th Gems Emporium, 69 gems lots were reported to be sold at Euro 1.024 million. A total of 500 gems lots were put up for sale through an open tender system on the four...
Calls for sales of blended cooking oil to be legalised
BUSINESS Date: Mar 15, 2019   View: 108
Oil dealers want to sell blended oil made of peanut and palm oil, according to the industry body. U San Lin, vice president of Myanmar Edible Oil Dealers’ Association, said blended product wi...
Myanmar's black gold lures plucky oil drillers
BUSINESS Date: Mar 15, 2019   View: 108
MINHLA — As clouds of acrid, black smoke belched above the flames engulfing an artisanal oil field in central Myanmar, prospectors from nearby hillsides arrived in droves, hoping for riches from a f...
Marine exports up $26 mln in five months
BUSINESS Date: Mar 11, 2019   View: 124
MYANMAR earned about US$364 million from the export of fisheries products in the first five months of the 2018-2019 fiscal year, increasing by $26 million from the corresponding period last 2017...
KBZ Bank Working to Spur Home Ownership Among Locals
BUSINESS Date: Mar 08, 2019   View: 145
KBZ Bank is launching a set of new Home Loan products aimed at increasing home ownership aiming locals. The five Home Loan options offer preferential rates and are structured simply to offer different...
Nearly 60% of dried fish depots suspended due to import ban
BUSINESS Date: Mar 08, 2019   View: 145
NEARLY 60 per cent of dried fish depots in the country have suspended operations on account of the ban on import of raw dried fish, according to the Myanmar Fish Paste, Dried Fish, and Fish Sauc...
Industrial Bank of Korea Eyeing Presence in Myanmar
BUSINESS Date: Mar 08, 2019   View: 133
Industrial Bank of Korea, which is supporting small and medium enterprises in South Korea, is eyeing to extend its services in Myanmar, U Aung Kyi Soe, General Secretary of UMFCCI, said at the worksho...
Mandalay’s Motorcycle Market is Clicking
BUSINESS Date: Mar 05, 2019   View: 187
The motorbike market in Myanmar’s second largest city Mandalay has picked up according to motorbikes shops. This is in contrast to Yangon, where riding motorbikes in the city is legal. “Motorbi...
A touch of micro financing for renting homes in Yangon
BUSINESS Date: Mar 05, 2019   View: 144
As more and more people move to Yangon to seek work every year, the housing shortage in the city becomes increasingly acute. One form of housing that has emerged to serve the needs of middle-cl...
Online Tax Payments Now Available
BUSINESS Date: Mar 04, 2019   View: 161
With the goal of making tax payments easier for taxpayers and encouraging people to pay taxes, the government has been implementing the online payment system since 2014, Daw Khine Shwe War, the Deputy...
Mandalay International Livestock and Agriculture Show to be Held with Over 200 exhibitors
BUSINESS Date: Mar 04, 2019   View: 138
Silver Sea International Company will hold Mandalay International Livestock and Agriculture Show 2019, where over 200 local and foreign exhibitors will take part. The expo will take place from May ...
Gold Isn’t Tempered With Higher Prices
BUSINESS Date: Mar 03, 2019   View: 180
The price of gold in local marketa has increased along with a higher price of gold on the international market. However, this hasn’t had a negative effect on local gold trading activities according ...
Chinese, Japanese investors show interest in Rakhine
BUSINESS Date: Mar 03, 2019   View: 149
While Western investors have shied away due to human rights violations related to the northern Rakhine crisis, Chinese and Japanese investors showed visible interest in the state at the Rakhine In...
Production for commercial gains from offshore natural gas sites to begin soon: State Counsellor
BUSINESS Date: Feb 25, 2019   View: 193
Production of oil and natural gas is a good potential prospect of Rakhine State and she is hoping that production for commercial gains from offshore natural gas sites will begin in coming years, said...
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