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Falling kyat value hurting trade, widens deficit
Jul 19, 2018
The US dollar yesterday surged to a high of K1425, buoyed by the Federal Reserve’s hawkish guidance and tension on trade between the world’s largest economies. The Central Bank of Myanmar set its ... 44

Why West is reluctant to invest in Myanmar
Jul 19, 2018
ince the National League for Democracy (NLD) assumed power in Myanmar in 2016, the country which was once shut out from the rest of the world, has been continuously opening up and integrating into the... 42

Can China-Myanmar Economic Corridor overcome hurdles to progress?
Jul 19, 2018
Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on bu... 37

NBTC pledges effective spectrum management to embrace Thailand 4.0 initiative
Jul 19, 2018
THE NATIONAL Broadcasting and Telecommunications Commission (NBTC) has planned to ensure more effective spectrum management as its core competency to embark on the Thailand 4.0 model, according to the... 41

Deloitte to Invest in The Asia Pacific Market to Benefit its People
Jul 19, 2018
Deloitte Touche Tohmatsu Limited or (DTTL), is a UK private company made up of a number of firms, each related to their own different entities. Globally, Deloitte has more than 264,000 professionals, ... 37

Unstable Currency Exchange Rates Have Impact on FDI
Jul 19, 2018
“The unstable currency exchange rate can have an impact on foreign investors’ confidence on the country’s economy and further on FDI,” U Aung Naing Oo, Director General of Directorate of Inves... 34

The Third Myanmar Entrepreneurship Summit to be Hosted in Yangon
Jul 19, 2018
The Myanmar Young Entrepreneurship Association is organizing the 3rd Myanmar Entrepreneur Summit, which will be held for three days from August 3-5 at Yangon Tamadaw Hall. The summit will feature t... 35

iMyanmar House Organizes Housing Expo in Mandalay
Jul 19, 2018
iMyanmarHouse.com has organized a housing expo for residential housings and retail space, the expo will be held on July 7-8 at two separate locations. They will be held at KT Construction office at 35... 37

Price of quality rice rises in domestic market
Jul 18, 2018
THE price of quality rice is increasing in the domestic market. A superior variety of rice, such as Pawsan has increased from Ks34,000 to Ks38,000 per bag. Generally rice prices are up by Ks2,00... 56

Dawei SEZ Project to Restart in October
Jul 18, 2018
Situated in southern Myanmar, near the border of Thailand is a place called Dawei. In 2008 a major construction project started, the project was to link Dawei to the Kanchanaburi province, 119 km nort... 47

Myanmar Handicraft Industry Needs Government Support to Penetrate World Marke
Jul 18, 2018
“In order to penetrate major world markets such as the European market, Myanmar handicraft industry needs the government’s support.” U Thardu, Chairman of Myanmar Arts and Crafts Association, to... 47

Myanmar Negotiating with Chinese Consortium on Deep-Sea Port Project in Western State
Jul 18, 2018
Myanmar is negotiating with a Chinese consortium to carry out a strategic deep-sea port in Kyaukphyu, western Rakhine state, as part of the planned special economic zone (SEZ) in the region, according... 61

Consumer Protection Committee to Put Myanmar Label on Products
Jul 18, 2018
Consumer Protection Committee said in a statement in early July that it will release an order enforcing business to put Burmese language labels on products according Sub-section (D) of Section 18 in C... 41

State-owned Resource Extraction Businesses Lacks Transparency: MEITI Report
Jul 17, 2018
Myanmar’s state-owned resource extraction businesses still lacks transparency, according to a recent report by Myanmar Extractive Industries Transparency Initiative (MEITI). Myanmar was admitted ... 76

Record High USD Exchange Rate Likely to Trigger Commodity Price Hike
Jul 17, 2018
Since the USD/MMK exchange rate has been rising and spiked at K1,400 against the dollar, it’s likely to trigger a rise in basic commodity prices, U Tun Aye, President of Myanmar Fishery Products Pro... 69

Panasonic launches Off-grid solutions project to commemorate 100th anniversary
Jul 17, 2018
Yangon - The Japan-based Panasonic Corporation launches Off-grid Solutions project as part of their efforts in Myanmar to solidify their place as one of the top MNCs operating in Myanmar and to provid... 57

Manufacturing sector attracts FDIs worth $ 275 million in three months
Jul 15, 2018
THE manufacturing sector absorbed foreign direct investments (FDIs) worth US$275.6 million through 19 projects in the past three months, according to statistics provided by the Myanmar Investmen... 77

Sesame growers face financial loss due to poor harvest
Jul 15, 2018
SESAME growers in Magway Region said they are likely to face a pecuniary loss due to a poor harvest this season. A sesame grower, who resides in Makangyi Village in Magway Township, said, “H... 70

Myanmar: Investment Analysis and Implementation Options for Digital Government Project
Jul 15, 2018
The Government of Myanmar (GOM) is assessing a possible investment in a digital government project, as the first phase of implementation of their e-Governance master plan and overall digital developme... 65

The 6th Housing Exhibition for Golden City
Jul 14, 2018
Myanmar’s number 1 property selling website; iMyanmarHouse.com, which offers over 200,000 properties, and is developing a variety of sectors, hosted the 6th Housing Exhibition for Golden City. This ... 96

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