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IRD warns tax evaders
BUSINESS Date: Apr 25, 2018   View: 30
Taxpayers that failed to pay their commercial tax and special goods tax within 10 days after the end of the relevant month, shall face a 10-per-cent fine, according to a statement issued by Internal R...
Plan to open Bagan’s Night Market delayed
BUSINESS Date: Apr 25, 2018   View: 36
YANGON- Despite discussions on the opening of night market in Bagan and Nyaung-U Townships with the aim to develop Bagan Region, plans have been delayed, say member of Bagan Plastic Campaign Group Tin...
Fishery businessmen eye value-added products to increase income
BUSINESS Date: Apr 25, 2018   View: 35
ALTHOUGH Myanmar has increased its volume of fishery exports in the past two years, the income has not increased significantly. To remedy this situation, fishery businessmen have planned to int...
Japan's Carchs Holdings Partners with South Korea's LOTTE Rental to Launch Online Platform for Selling Used Vehicles Worldwide
BUSINESS Date: Apr 25, 2018   View: 46
TOKYO--25 Apr--Kyodo JBN-AsiaNet/InfoQuest Agasta Co., Ltd., a subsidiary of Carchs Holdings Co., Ltd., has started providing a service around the world after newly adding secondhand Sout...
Enterprise business to drive Huawei’s growth outside China
BUSINESS Date: Apr 25, 2018   View: 39
Currently 60 per cent of customers from China but tech giant sees 70 per cent of revenue coming from overseas in the future. Despite huge gaps in digital adoption between different industries, the m...
Dry fish businessmen piling up stock for closed fishing season
BUSINESS Date: Apr 25, 2018   View: 49
DRY fish businessmen are stockpiling raw materials, as the fishing season draws to a close. From 2013, the Fisheries Department, under the Ministry of Agriculture, Livestock and Irrigation, has ...
Aiming high for AI frontier with smart devices
BUSINESS Date: Apr 22, 2018   View: 55
THE adoption of artificial intelligence (AI) and smart devices will drive enormous changes in the global community, said Eric Xu, rotating chairman of Huawei Technologies Co. Xu said at the recent Hu...
Food2U raises six-digit investment
BUSINESS Date: Apr 22, 2018   View: 64
Food2U, Myanmar’s home-grown food delivery platform, has raised a six-digit investment from Premium Distribution, a distributor in retail, food services and non-food products, dealstreetasia reporte...
Foreign companies eye investment in YBS
BUSINESS Date: Apr 19, 2018   View: 80
FOREIGN companies have expressed interest to invest in the Yangon Bus Service (YBS), according to a report in Myawady Daily yesterday. “Recently, Malaysia- and China-based foreign companies ...
First global vision for digital industry unveiled
BUSINESS Date: Apr 19, 2018   View: 78
Huawei Technologies Co, a Chinese ICT giant, on Tuesday released its first-ever Global Industry Vision 2025 report during its global analysis summit 2018. William Xu, director of the Board and chie...
Average inflation rate hits 4.03 pc in March
BUSINESS Date: Apr 19, 2018   View: 73
The average inflation rate in March was 4.03 per cent, with the highest rates reported in Rakhine and Mandalay and the lowest in the Union Territory, according to the figures released by the Central S...
Myanmar creating new destinations to attract tourists
BUSINESS Date: Apr 19, 2018   View: 76
Myanmar's Hotels and Tourism Ministry is striving to promote tourism by developing new modes of tourism and creating new tourist destinations. The ministry has permitted about 1,628 hotels and gues...
Foreign companies to enter Myanmar insurance sector
BUSINESS Date: Apr 19, 2018   View: 103
FOREIGN insurance companies will be allowed to operate in Myanmar for the development of the Myanmar insurance sector, according to a report in Myawady Daily yesterday. The Myanmar insurance se...
Singapore becomes top investor in Myanmar last FY
BUSINESS Date: Apr 19, 2018   View: 101
SINGAPORE brought in foreign direct investment (FDI) worth US$2.16 billion with 42 projects last fiscal year (FY), according to official figures released by the Directorate of Investment and Com...
Huawei celebrates its journey of success at 15th Analyst Summit
BUSINESS Date: Apr 18, 2018   View: 63
In the 15th annual Global Analyst Summit held in Shenzhen, China on April 17, Huawei shared its vision and plans for the dynamic and digital “intelligent world” as one of its leading pioneers. ...
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