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Agro exports down by $53 million
May 25, 2018
THE export of agriculture products from 1 April to 18 May in the current six-month transitional period for the 2018-2019 fiscal year was valued at US$394 million, decreasing slightly by some $53... 67

Myanmar receives US$47 m worth foreign investment in April
May 25, 2018
Foreign investors made over US$47 million worth of investments in April and over US$21 worth of foreign investments are in the industrial sector, according to Directorate of Investment and Companies A... 69

Selling fuel oil at a loss is on-paper loss: MFOIDA
May 25, 2018
Selling fuel oil at a loss is no matter what a loss on papers though local fuel filling stations are selling fuel oil at over-4-per-cent-loss compared with the global fuel price, said Dr Win Myint, se... 64

Daily Minimum Wage of K4,800 Confirmed
May 24, 2018
The National Committee for Minimum Wage confirmed the new daily minimum wages at K4,800 on May 14th. The new wage will apply to every business that has over 10 workers. This is in contrast to the p... 81

Grab Launches New In-App Feature
May 24, 2018
Grab has launched a new feature in the Grab application named “Entrances”. Whenever passengers book a Grab ride from the Yangon International Airport, Aung Mingalar Highway Bus Station or a shoppi... 79

Sein Ta Lone mangoes’ export takes air, sea routes to S’pore, Russia, China
May 23, 2018
SOME 10 tonnes of the Sein Ta Lone (Diamond Solitaire) mangoes are being exported via air and sea routes to Singapore, Russia and China every day since 8 May. Myanmar’s Sein Ta Lone mangoes ha... 110

Eel hatching with Viet Nam’s technology reaps results
May 23, 2018
THE experimental cultivation of Myanmar-origin eels with the use of Viet Nam technology has shown positive results after seven months. “Last year, officials from the Myanmar Fishery Federation... 95

Yangon extends circular road construction for booming investments
May 23, 2018
YANGON- Construction of new circular roads is being extended in the whole Yangon Region to boost investments in outskirt areas, says U Than, Joint Secretary of Yangon City Development Committee (YCDC)... 78

Selling fuel oil at a loss is on-paper loss: MFOIDA
May 23, 2018
Selling fuel oil at a loss is no matter what a loss on papers though local fuel filling stations are selling fuel oil at over-4-per-cent-loss compared with the global fuel price, said Dr Win Myint, se... 77

Alibaba secures foothold in Myanmar market, growth in e-commerce expected
May 22, 2018
Alibaba group has established a foothold in Myanmar following the acquisition of Daraz Group, the Pakistani online shopping platform which operates Myanmar e-commerce site shop.com.mm. The move co... 102

Samsung Launches Galaxy J7 Duo in Myanmar
May 22, 2018
Samsung Myanmar today has expanded its range of Galaxy smartphones by introducing Galaxy J7 Duo. Galaxy J has been one of the most popular smartphone series among mobile users in Myanmar. With Gala... 84

Myanmar Has its First Credit Bureau
May 22, 2018
Myanmar Central Bank approved Myanmar Credit Bureau Limited to serve as a credit bureau, a gap needed for SMEs to have access to financial services as well as for the banks to give credit to SMEs, on ... 74

Government Aims to Provide LPG to 150,000 Households
May 22, 2018
Ministry of Electricity and Energy is planning to provide liquefied petroleum gas (LPG) to 150,000 households by 2020, according to it’s press release regarding deploying CNG Compressor at No.1 gas... 78

Singapore tops investors list in Thilawa SEZ
May 22, 2018
Till late April, the total investments of 17 countries in Thilawa Special Economic Zone reached over US$ 1.374 billion, with Singapore topping the list with over US$ 503 million, according to the Thil... 68

Dried freshwater shrimps prices rise in local market
May 21, 2018
THE prices of dried freshwater shrimps have been rising in the domestic market, especially in Pyapon Township and the Ayeyawady Region, this fishing season, according to local fishermen. Due to... 91

Jengkol beans see high demand in domestic market
May 21, 2018
JENGKOL beans, also known as Danyinthee in the Myanmar language, are selling well in the domestic market, according to wholesalers in Paung Township, Mon State. Jengkol beans are locally- produ... 94

Exports rise $299mln in current FY, trade deficit up $153mln
May 19, 2018
MYANMAR’s exports reached US$1.4 billion over the 41 days in the current transitional fiscal year, up by $299.4 million over the same period last year, according to the latest weekly trade rep... 107

Bangkok Luxury Property Exhibition to be Hosted in Yangon
May 19, 2018
Partnering with Singapore’s real estate company Dennis Wee Group, Your Property Finder (YPF) is planning to host the fourth Bangkok Luxury Property Exhibition from 10 a.m. to 6 p.m. for two days, fr... 86

Retail Offerings Call for Repositioning: Colliers International
May 19, 2018
As of Q1 2018, Yangon's total retail stock grew by 16,000 sq m (172,223 sq ft) of leasable area, a 5% increase YOY. This rise in supply was driven by the completion of four new developments, half of w... 88

Starbucks to enter Myanmar market
May 18, 2018
American coffee franchise Starbucks will invest US $ 6 million and 20 outlets, with its first outlet in Yangon according to the press brief held at the Myanmar Investment Commission (MIC) on May 15. ... 88

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