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Yangon takes legal action against nearly 30,000 vehicles
BUSINESS Date: May 27, 2017   View: 32
The house rental market in Yangon has declined lately, but the apartment rental market is growing....
Delivery Service Food2U Secures Funds for Expansion Into Mandalay, Napyitaw
BUSINESS Date: May 25, 2017   View: 60
Yangon-based food delivery service Food2U has se­cured a six-figure invest­ment from four local in­vestors as the company eyes expansion into Man­dalay and Napyitaw. Part of the investment will...
More foreign taxi service companies likely to enter Yangon market
BUSINESS Date: May 25, 2017   View: 60
Following Grab and Uber’s entrance into Myanmar, more foreign taxi service companies are expected to enter Yangon market, said economists....
Myanmar businessmen and China Co cooperate for seed distribution
BUSINESS Date: May 25, 2017   View: 45
A company from China (Taipei) and Myanmar businessmen will cooperate to bolster seed distribution, said U Min Zaw Oo, the director general of Directorate of Investment and Company Administration....
Myanmar to Host International Science Exhibition
BUSINESS Date: May 24, 2017   View: 48
The Myanmar Lab Expo 2017, involv­ing international participants, will be held in Yangon in early July, official sources said. The Expo will showcase laboratory, scientific, ana­lytical and biote...
Elephant foot yam production makes a healthy profit
BUSINESS Date: May 23, 2017   View: 46
Elephant foot yam production can make a handsome profit, plus earning foreign income....
DICA permitted 25 investments in Myanmar
BUSINESS Date: May 23, 2017   View: 61
The Directorate of Investment and Company Administration (DICA) has permitted 25 local and foreign investments in Myanmar during this month it is learnt....
Microfinance Institution MFIL Secures $1m Loan From Malaysia’s Maybank
BUSINESS Date: May 23, 2017   View: 73
Myanmar Fi­nance Interna­tional (MFIL), the mircrofinance joint venture of investment company Myanmar In­vestments International (MIL), has secured a $1 million loan off Malaysian lender Maybank. ...
H&T Ministry to offer Green Season Promotion
BUSINESS Date: May 22, 2017   View: 52
In a bid to enhance both hotel and tourism businesses and the investment enterprises, Green Season Promotion will be offered with a reduced price of airline tickets, hotels and restaurants, said...
Multi-purpose container barge service starts
BUSINESS Date: May 22, 2017   View: 57
The Ministry of Transport and Communications has started the Inland Water Transport (IWT), a multi-purpose container barge service to transport goods along the Ayeyarwady River and containers in...
Sein Ta Lone mango expected to fetch Ks2.4million
BUSINESS Date: May 22, 2017   View: 74
A tonne of Sein Ta Lone (Diamond Solitaire) mango fetches about Ks2 million in the export market and the price is likely to increase as the mango yield this year possibly decreases, according to...
Pazundaung night market to be opened
BUSINESS Date: May 20, 2017   View: 60
The Pazundaung night market will be opened with nearly 140 shops in the 10th Ward of Pazundaung township this month, according to an official from Pazundaung township Municipal Affairs Committee...
Over 600 jade mine licences in Kachin’s Gem land to expire this month
BUSINESS Date: May 20, 2017   View: 93
THE licences of over 600 jade mining blocks in Lonekhin, Hpakant and other sites in Kachin State will expire this month, according to the Myanmar Gems Enterprise under the Ministry of Natural Re...
China Seeks Up to 85 Percent Stake in Strategic Port in Myanmar
BUSINESS Date: May 20, 2017   View: 97
China is looking to take a stake of up to 85 percent in a strategically important sea port in Myanmar, ac­cording to documents re­viewed by Reuters, in a move that could heighten tensions over China...
Auto market remains cool with high prices
BUSINESS Date: May 19, 2017   View: 89
The auto market not only in Yangon but also in other regions and states has been cool with the highest price rate in May....
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