Business News

Myanmar plans to sell natural gas produced from PTTEP block mainly for local use

BUSINESS Dec 14, 2018
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... 49

ASEAN Labour Ministers Meeting Adopts Three Vital Documents For The ASEAN Workers - Kula Segaran

BUSINESS Dec 07, 2018
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... 105

Myanmar loses out on forex losses as domestic debt rises

BUSINESS Dec 05, 2018
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... 90

Myanmar’s own Henry Ford

BUSINESS Nov 30, 2018
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... 149

KPO plans to sell Honda Jet aircrafts in Myanmar

BUSINESS Nov 29, 2018
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 ... 147

RGO47 set to ride on Myanmar’s e commerce boom

BUSINESS Nov 28, 2018
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... 138

Central Bank greenlights corporate loans by foreign banks

BUSINESS Nov 24, 2018
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... 167

Pope Jai spearheads hiring the disabled in S’Pore

BUSINESS Nov 24, 2018
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... 154

Mineral Development Bank to provide loans to gems, mineral SMEs

BUSINESS Nov 16, 2018
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 ... 202

Gems, jade stones put up for auction in Nay Pyi Taw

BUSINESS Nov 13, 2018
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... 256