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Myanmar Postpones Gem Emporium Amid Coronavirus Scare
BUSINESS Date: Feb 19, 2020   View: 44
Naypyitaw – Myanmar has postponed the 57th jade and gems emporium due to be held in Naypyitaw in March because of the coronavirus outbreak. “As most of the regular buyers are from ma...
Thousands of workers left jobless after the suspension of crab exports to China
BUSINESS Date: Feb 08, 2020   View: 50
Thousands of workers from crab wholesale centers from Labutta Township are now out of their jobs after China suspended its crab imports from Myanmar due to the spread of novel coronavirus in China...
YUPT will satisfy shareholder demands: YRTA joint-secretary
BUSINESS Date: Feb 06, 2020   View: 40
Yangon Urban Public Transportation Company (YUPT) is planning to fulfill the demand of shareholders in accordance with the company’s financial rules, said U Hla Aung, the joint-secretary of ...
Myanmar’s First Livestock Expo to Be Held in May
BUSINESS Date: Feb 04, 2020   View: 46
Myanmar Livestock Expo 2020, the first event of its kind in the country, will be held May 14-16 at Yangon Convention Center. The expo will feature products and technologies for livestock breedi...
Mandalay authorities to take action against illegal gold miners
BUSINESS Date: Jan 16, 2020   View: 22
Mandalay Region Water Resources and Rivers Development Department chief Kyaw Myint Than told Mizzima that they are planning to take legal action against illegal gold miners working the Ayeyarwady Ri...
Myanmar govt to increase licence fees of employment agencies
BUSINESS Date: Jan 13, 2020   View: 38
The government is discussing an increase in licence fees paid by employment agencies sending workers to Thailand, a senior labour official said. U Win Shein, director general of the Department of ...
Western Union cuts ties with Myawaddy Bank
BUSINESS Date: Jan 09, 2020   View: 30
Western Union has terminated its contract with the Tatmadaw-owned Myawaddy Bank, becoming the latest foreign company to disassociate itself from military-associated companies. Western Union, which...
Big Bad Wolf Book Sale Back for a Second Year
BUSINESS Date: Jan 07, 2020   View: 26
The major “Big Bad Wolf” book sale will be back in Yangon for a second time with more genres on offer from Jan. 10 to 20 at the Myanmar Expo Hall at Fortune Plaza in Thaketa Township. ...
Central bank to circulate ‘Bogyoke Aung San’ 1000-Kyat note
BUSINESS Date: Dec 22, 2019   View: 41
The Central Bank of Myanmar will circulate 1000-Kyat currency notes starting 4 January next year, according to the State-owned Myanmar Radio and Television. The CBM is working to issue new cur...
Onion tears
BUSINESS Date: Dec 10, 2019   View: 27
While the Union finance minister has said that she does not eat much onion, the chief minister of this state has spied a sinister hand in the dearth of tasty tear jerker. A century is a landmark in...
Average inflation rate continues to rise
BUSINESS Date: Nov 26, 2019   View: 36
The average inflation rate increased by over six to eight per cent for 12 consecutive months in 2018-19 fiscal year, according to figures from the Ministry of Planning and Finance. The average...
FDI at production sector exceeds $ 11.5 bln
BUSINESS Date: Nov 25, 2019   View: 39
Over 30 years, the inflow of foreign investments into the production sector has exceeded 11.5 billion US dollars. Myanmar has reformed its policies in order to attract more new foreign investments...
SME Bank to Provide Unsecured Loans to SMEs
BUSINESS Date: Nov 23, 2019   View: 38
Myo Sandar/Myanmar Business TodayIn a move to assist SMEs and contribute to the country’ economic development, the SME Development Bank is set to offer cash flow budget (CFB) loans requiring ...
Rakhine’s first coconut processing factory to open in Manaung
BUSINESS Date: Nov 23, 2019   View: 27
The first coconut processing factory, to produce six kinds of finished products, for Rakhine State will be opened in Manaung soon. “It will be a good opportunity for Manaung as it can cre...
Lottery ticket price increases due to other expenses: sale agents
BUSINESS Date: Nov 20, 2019   View: 35
Lottery tickets prices are increased due to other expenses, according to lottery ticket sale agents. “We bought them from big lottery shops with the price of Ks1,097 per ticket. But we ha...
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