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Ygn to upgrade public infrastructures, drainage system with WB’s loan
Feb 22, 2018
YANGON- With the loan US$ 116 million from World Bank and cash aid $ 1 million from Southeast Asia Disaster Risk Insurance Facility (SEADRIF), Yangon will be upgrading public infrastructures, drainage... 25

5G is Now, Kicking Off the "Megatech" Era
Feb 22, 2018
Clearly, it is impossible to know for sure what the technologies of 2050 will be. But with the emergence of 5G, the era of Megatech has undoubtedly started. The PyeongChang 2018 Winter Olympic Gam... 14

Tax contributions from state-owned entities declines
Feb 20, 2018
Tax payments and contributions of state-owned entities and banks and the Central Bank of Myanmar to the state fund are continuing their long-term decline, according to a report submitted by the Union ... 41

Myanmar invited to take part in first China International Import Expo
Feb 19, 2018
The first China International Import Expo (CIIE) will be held in Shanghai from November 5 to 10 this year, and the Myanmar government and local businesspeople are invited to participate in the event, ... 43

Over 54 million SIM cards sold in Myanmar
Feb 19, 2018
More than 54 million mobile SIM cards have been sold by three operators in Myanmar, according to official figures. Among the mobile operators such as Myanmar Posts and Telecommunications (MPT), Tele... 57

Grape prices fall due to low demand
Feb 16, 2018
THE price of grapes in the Yangon market has declined following unseasonal rainfall in the Mandalay Region last December and the consequent low yield, which has reduced the demand for grapes, ac... 3609

Ministry granted 1,605 hotel licenses in January
Feb 14, 2018
MORE than 1,600 hotels and guest houses, renting out over 64,500 rooms, were operational across the country as of the end of January 2018, according to the Ministry of Hotels and Tourism. The M... 3603

Cars DB Auto Show to Host Auto Expo in Mandalay
Feb 13, 2018
Cars DB Auto Show is organizing a large auto expo from March 3 to 5 at Mandalar Thiri Stadium, Mandalay. At the expo, there will be showrooms for 10 famous auto brands featuring new cars, and auto ... 3598

Gas production rates of Yedagon and Zawtika projects already decline
Feb 12, 2018
YANGON- Production rates of the Yedagon and Zawtika projects, which mainly export natural gas to Thailand, are falling, according to the Ministry of Electricity and Energy. The Yedagon gas project... 3595

Foreign investments to be invited for the upgrade of jetties
Feb 12, 2018
Foreign investments will be sought to upgrade jetties along the coast into international-standard ports as additional capacity is needed to supplement the Yangon port, which now handles 90 per cent of... 3592

Myanmar parliament discusses possible casino business
Feb 12, 2018
Union Minister Ohn Maung for Hotels and Tourism says foreigners-only casinos would be allowed to operate at island resorts after the country’s gambling law is relaxed. MP Aung Hlaing Win for Mingal... 3611

International community eyes investing in industrial zones in Yangon
Feb 09, 2018
The international community has shown interest in establishing industrial zones in Yangon Region, according to the Directorate of Investment and Company Administration (DICA). "A lot of foreign inv... 3591

Myanmar Gold Entrepreneurs Association to apply for licence to import pure gold blocks
Feb 08, 2018
THE Myanmar Gold Entrepreneurs Association will seek an import licence from the Commerce Ministry to buy pure gold blocks from China and Thailand, U Myo Myint told City News. The Commerce Minist... 3592

Tourism project to be implemented in Chin, Kayin and Taninthari
Feb 08, 2018
YANGON- According to the National Export Strategy, plans are underway to implement Community Based Tourism Project in Chin and Kayin States and Taninthari Region, says Aung Soe, Director-General of My... 3593

Loan disbursement plan to prioritise less developed regions
Feb 07, 2018
Sixty per cent of the total loan granted by Japan International Cooperation Agency will be disbursed under the Credit Guarantee Insurance System. Priority will be given to less developed regions and s... 3592

Mandalay hosts Myanmar Entrepreneurs Carnival
Feb 05, 2018
2018 Myanmar Entrepreneurs Carnival, the first of its kind in the country, was held for two days on February 3 and 4 at Myanmar Institute of Information Technology in Mandalay Region. "In the past ... 3586

Market competition triggers fall in prices of edible bird’s nests
Feb 04, 2018
THE prices of edible bird’s nests continued to fall in the domestic market, likely attributable to an increase in competition among producers, according to a report in Myawady Daily. Despite ... 3592

GAC to Sell GS3 2018 Model in March
Feb 04, 2018
Chinese carmaker GAC Motor plans to introduce its GS3 2018 to Myanmar market in March as the company seeks to build a presence in the young new car market. GS3 2018, a SUV model, is perfect for bum... 3591

Yangon chief minister underscores systematic management of industrial zones
Feb 03, 2018
Yangon Region Chief Minister Phyo Min Thein has stressed the need to systematically manage the industrial zones where warehouses and vacant land plots are subject to market speculation as an industria... 3595

Pigeon pea production drops in Sagaing Region this year
Feb 01, 2018
As a result of unseasonal rainfall, the yield of pigeon peas (red grams) has dropped this year compared with last year. An acre produced some 15 to 20 baskets last year. A bag of pure pigeon pea... 3594

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