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Tax contributions from state-owned entities declines
BUSINESS Date: Feb 20, 2018   View: 25
Tax payments and contributions of state-owned entities and banks and the Central Bank of Myanmar to the state fund are continuing their long-term decline, according to a report submitted by the Union ...
Myanmar invited to take part in first China International Import Expo
BUSINESS Date: Feb 19, 2018   View: 37
The first China International Import Expo (CIIE) will be held in Shanghai from November 5 to 10 this year, and the Myanmar government and local businesspeople are invited to participate in the event, ...
Over 54 million SIM cards sold in Myanmar
BUSINESS Date: Feb 19, 2018   View: 51
More than 54 million mobile SIM cards have been sold by three operators in Myanmar, according to official figures. Among the mobile operators such as Myanmar Posts and Telecommunications (MPT), Tele...
Grape prices fall due to low demand
BUSINESS Date: Feb 16, 2018   View: 3597
THE price of grapes in the Yangon market has declined following unseasonal rainfall in the Mandalay Region last December and the consequent low yield, which has reduced the demand for grapes, ac...
Ministry granted 1,605 hotel licenses in January
BUSINESS Date: Feb 14, 2018   View: 3597
MORE than 1,600 hotels and guest houses, renting out over 64,500 rooms, were operational across the country as of the end of January 2018, according to the Ministry of Hotels and Tourism. The M...
Cars DB Auto Show to Host Auto Expo in Mandalay
BUSINESS Date: Feb 13, 2018   View: 3593
Cars DB Auto Show is organizing a large auto expo from March 3 to 5 at Mandalar Thiri Stadium, Mandalay. At the expo, there will be showrooms for 10 famous auto brands featuring new cars, and auto ...
Gas production rates of Yedagon and Zawtika projects already decline
BUSINESS Date: Feb 12, 2018   View: 3589
YANGON- Production rates of the Yedagon and Zawtika projects, which mainly export natural gas to Thailand, are falling, according to the Ministry of Electricity and Energy. The Yedagon gas project...
Myanmar parliament discusses possible casino business
BUSINESS Date: Feb 12, 2018   View: 3602
Union Minister Ohn Maung for Hotels and Tourism says foreigners-only casinos would be allowed to operate at island resorts after the country’s gambling law is relaxed. MP Aung Hlaing Win for Mingal...
Foreign investments to be invited for the upgrade of jetties
BUSINESS Date: Feb 12, 2018   View: 3587
Foreign investments will be sought to upgrade jetties along the coast into international-standard ports as additional capacity is needed to supplement the Yangon port, which now handles 90 per cent of...
International community eyes investing in industrial zones in Yangon
BUSINESS Date: Feb 09, 2018   View: 3582
The international community has shown interest in establishing industrial zones in Yangon Region, according to the Directorate of Investment and Company Administration (DICA). "A lot of foreign inv...
Tourism project to be implemented in Chin, Kayin and Taninthari
BUSINESS Date: Feb 08, 2018   View: 3586
YANGON- According to the National Export Strategy, plans are underway to implement Community Based Tourism Project in Chin and Kayin States and Taninthari Region, says Aung Soe, Director-General of My...
Myanmar Gold Entrepreneurs Association to apply for licence to import pure gold blocks
BUSINESS Date: Feb 08, 2018   View: 3586
THE Myanmar Gold Entrepreneurs Association will seek an import licence from the Commerce Ministry to buy pure gold blocks from China and Thailand, U Myo Myint told City News. The Commerce Minist...
Loan disbursement plan to prioritise less developed regions
BUSINESS Date: Feb 07, 2018   View: 3586
Sixty per cent of the total loan granted by Japan International Cooperation Agency will be disbursed under the Credit Guarantee Insurance System. Priority will be given to less developed regions and s...
Mandalay hosts Myanmar Entrepreneurs Carnival
BUSINESS Date: Feb 05, 2018   View: 3583
2018 Myanmar Entrepreneurs Carnival, the first of its kind in the country, was held for two days on February 3 and 4 at Myanmar Institute of Information Technology in Mandalay Region. "In the past ...
GAC to Sell GS3 2018 Model in March
BUSINESS Date: Feb 04, 2018   View: 3587
Chinese carmaker GAC Motor plans to introduce its GS3 2018 to Myanmar market in March as the company seeks to build a presence in the young new car market. GS3 2018, a SUV model, is perfect for bum...
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