Business News

YSX to increase matching time

BUSINESS Mar 20, 2018
THE Yangon Stock Exchange (YSX) will increase its time trade matching sessions from two to four in the hopes of raising the trade volume and attracting more investors. The two new hours for time... 18

A New Harbinger of Good Governance – Myanmar’s Institute of Directors

BUSINESS Mar 19, 2018
This week marks the launch of an important market institution – the Myanmar Institute of Directors (MIoD), the first independent, private sector-led organization promoting best corporate governance ... 55

Earthen pots selling well in pre-Thingyan period

BUSINESS Mar 18, 2018
EARTHEN pots produced in Meiktila Township, Mandalay region, are selling well in the pre-Thingyan period, with growers earning a handsome profit for their work, pot makers said. Numerous earthe... 50

Two MASHAV Israeli demonstrate the use of family irrigation kit

BUSINESS Mar 18, 2018
TWO MASHAV experts from Israel , Dr Mollie Sacks and Ms Shelley Ganz were in Shan State conducting an advance Irrigation in Vegetable Cultivation Training from 12th to 16th of March, 2018. Dur... 49

IFC backs women empowerment in Myanmar

BUSINESS Mar 18, 2018
In a bid to empower women in Myanmar, the International Finance Corporation, a private sector arm of World Bank Group, recently launched some initiatives to ring the bell for gender equality in Southe... 53

Construction Entrepreneurs Association Calls for Reduction of Interest Rate to 9 Percent

BUSINESS Mar 16, 2018
The Construction Entrepreneurs Association has called for the government to reduce the interest rate to 9 percent from 13 percent. In neighboring countries like Thailand and Singapore, the interest... 79

Profit from onion price rise offset by low yield

BUSINESS Mar 16, 2018
Although the prices of onion soared this year, farmers said they had made only small profits because of a low yield. The price-per-viss (1.63 kilograms) of onion doubled this year from the previous... 72

IFC plans for more investments in microfinance

BUSINESS Mar 14, 2018
INTERNATIONAL Finance Corporation (IFC), a private sector arm of World Bank Group, has invested US$23.5 million (about Bt736 million) in four microfinance institutions (MFIs) in Myanmar, and is eager ... 96

10,000 applications submitted in two days to sit entrance exam for working in South Korea

BUSINESS Mar 14, 2018
Yangon Region has issued over 20,000 applications for an entrance examination in Korean language to get permission to work in South Korea, and nearly 10,000 were submitted in two days, according to th... 90

Inle floating market to open in November

BUSINESS Mar 09, 2018
THE Inle floating market is expected to open in November this year, according to the Ministry of Hotels and Tourism. “We are discussing a plan to develop the Inle floating market. We will cho... 247