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Myanmar plans to sell natural gas produced from PTTEP block mainly for local use
BUSINESS Date: Dec 14, 2018   View: 50
Myanmar is planning to sell natural gas produced from PTTEP offshore block (MD-7) mainly for local use, sources said. The PTTEP, cooperating with Myanmar Oil and Gas Enterprise (MOGE), held a publi...
ASEAN Labour Ministers Meeting Adopts Three Vital Documents For The ASEAN Workers - Kula Segaran
BUSINESS Date: Dec 07, 2018   View: 106
KUALA LUMPUR, Malaysia--4 Dec--Bernama-AsiaNet/InfoQuest The 25th ASEAN Labour Ministers' Meeting and its Related Meetings / Conference which concluded on 29 November 2018 have adopted th...
Myanmar loses out on forex losses as domestic debt rises
BUSINESS Date: Dec 05, 2018   View: 90
External debt over the last year has risen as a result of the higher dollar exchange rate, according to the Public Accounts Joint Committee report which was submitted to Pyidaungsu Hluttaw by secretar...
Myanmar’s own Henry Ford
BUSINESS Date: Nov 30, 2018   View: 149
After reading an article in a newspaper in 2013 about cars powered by motorcycle engines in India, 33-year-old inventor U Zaw Myo Oo in Meiktila, Mandalay Region, was inspired to build a tangerine-col...
KPO plans to sell Honda Jet aircrafts in Myanmar
BUSINESS Date: Nov 29, 2018   View: 147
Myanmar is planning to introduce Honda Jet aircrafts for the tourism sector and will begin sales if aircrafts are allowed to sell commercially in the country, according to KPO Co. Ltd, the authorized ...
RGO47 set to ride on Myanmar’s e commerce boom
BUSINESS Date: Nov 28, 2018   View: 139
This would create massive opportunities for local e-commerce platforms including rgo47, according to Aye Chan, chief strategic officer of Royal Golden Owls Co which runs the platform. “This [e-co...
Central Bank greenlights corporate loans by foreign banks
BUSINESS Date: Nov 24, 2018   View: 167
Myanmar’s Central Bank says companies will have to raise corporate governance standards before they can benefit from its decision allowing them to borrow from foreign banks. THE CENTRAL BANK of...
Pope Jai spearheads hiring the disabled in S’Pore
BUSINESS Date: Nov 24, 2018   View: 155
PEOPLE WITH disabilities in Singapore no longer need have concerns about their future thanks to the hiring practices of a social enterprise running a Thai restaurant in the heart of the city where ind...
Mineral Development Bank to provide loans to gems, mineral SMEs
BUSINESS Date: Nov 16, 2018   View: 204
Myanmar yesterday opened the first Mineral Development Bank (MDB) to provide banking services to small and medium size enterprises (SMEs) in the gems and mineral sector. “The MDB was established ...
Ministry of Commerce Eyeing Mango Exports to the EU
BUSINESS Date: Nov 13, 2018   View: 228
European market, which receives 40 percent of the world’s mango exports, are interested to importing mangos from Myanmar. Therefore, the Ministry of Commerce and local traders are working to export ...
Jade traders call for WeChat ban
BUSINESS Date: Nov 13, 2018   View: 222
Jade traders in Mandalay say the use of WeChat by Chinese brokers is hurting business and want the use of the social media app to be banned. JADE TRADERS in Mandalay have launched a campaign to ban...
Gems, jade stones put up for auction in Nay Pyi Taw
BUSINESS Date: Nov 13, 2018   View: 256
RAW gems and utility jade are being put up for auction in the local currency at the Mani Yadana Jade Hall in Nay Pyi Taw from 12 to 17 November. On Monday morning, raw gems and jade were display...
Businesses positive over growth prospects
BUSINESS Date: Nov 11, 2018   View: 264
Mandalay is poised to become the second-largest hub for growth after Yangon, the city’s chief minister Dr Zaw Myint Maung said at the Mandalay Business Forum held over the weekend. Dr Zaw Myint M...
Rise in dollar rate, but drug prices remain low: MPMEEA chair
BUSINESS Date: Nov 09, 2018   View: 242
THE rise in the US dollar exchange rate against Myanmar’s currency has hiked up the price of imported medicines, yet drugs are being sold at rates lower than the prevailing price levels, said U...
Shwe Bite set to delight office workers with home-cooked food
BUSINESS Date: Nov 06, 2018   View: 242
Thousands of office workers in Myanmar’s commercial hub will no longer need to bother about finding delicious food for their lunch thanks to Shwe Bite, a technology platform that aims to offer healt...
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