Page No.
8,000 Miners Await Legislation
Sep 17, 2017
8,000 jade and gem­stone mining licens­es have not been renewed since the govern­ment ceased issuing and renewing them in July 2016. In their effort to reform the 1995 Gemstone Law, the NLD-led ... 49

YSX Trade Up After Sluggish Monsoon Months
Sep 17, 2017
Yangon Stock Ex­change’s (YSX) trade volume reached K2.3 billion in August, K1 billion more than the previous month. Trade peaked in March at K3 billion and has since slowed, volume each month a... 42

United Amara Bank to issue 15,000 Visa cards this year
Sep 15, 2017
UNITED Amara Bank (UAB), one of the largest financial institutions in Myanmar, will issue more than 15,000 Visa credit cards by the end of this year, says Christopher Loh, the bank’s chief executive... 75

Work starts on giant food warehouse in Thilawa
Sep 15, 2017
Metro Wholesale, which reportedly has over 750 wholesale centres in 25 countries, has started work on the construction of a warehouse in Thilawa Industrial Zone. Tiparayat Kaewsringarm, deputy CEO o... 66

Yangon promised cut-price fuel
Sep 15, 2017
The government will import and sell liquefied petroleum gas (LPG) to 150,000 households in Yangon Region by the end of December, according to the Ministry of Electricity and Energy. Yangon resident... 64

More parking lots to be built on Yangon-Mandalay Highway
Sep 15, 2017
Authorities are choosing the plots of land to construct international- standard parking lots on Yangon-Mandalay highway, according to a report in the Myawady Daily yesterday. The rest camps will... 69

SQFT Properties to Hold Real Estate Events in Myanmar
Sep 12, 2017
A Singaporean real estate agent, SQFT Global Properties, has announced that it is hosting events for Myan­mar buyers, to promote two new high-rise condo­minium projects in Bang­kok. The MUNIQ co... 132

Property taxes worth less than a cup of tea
Sep 12, 2017
Bi-annual property taxes paid by many urban residents in Myanmar are merely worth the price of two cups of tea, according to an August study conducted by Yangon-based Renaissance Institute, which is f... 3513

Dried fish market cools due to lower demand
Sep 09, 2017
The local dried fish market remains cool because of lower demand from regions and scarcity of the fish, according to a report in the Myawady Daily yesterday. “This is rainy season, and... 3526

CBM to Limit Foreign Currencies, Especially at Border Gates
Sep 07, 2017
The Central Bank of Myanmar an­nounced an inten­tion to limit the use of foreign currencies at the nation’s several border trading posts. To strengthen the Kyat against the Baht, Yuan, and Doll... 3506

Jovago Offers Myanmar Online Payment Method
Sep 07, 2017, a hotel-booking website, has introduced two new online payment methods in partnership with 2C2P. “The new payment sys­tem will help our busi­ness move from manual payment to a digit... 3532

ASEAN “The Legacy Award” conferred on KBZ’s Chairman
Sep 07, 2017
U Aung Ko Win, who founded the Kanbawza (KBZ) Group of Companies in 1994, one of the largest privately owned diversified group of companies in Myanmar, was awarded with the ASEAN’s The Legacy ... 3526

YSX value increased in August
Sep 06, 2017
Values of stock trading on Yangon Stock Exchange (YSX) in August reached 294,615 shares worth Ks2.29 billion, according to YSX statistics.... 3514

Myanmar Pearl Auction Sets Industry Record
Sep 05, 2017
The annual Myan­mar Pearl Auction was held from Au­gust 18-20 at the Gems Museum in Naypyidaw and sold a a record amount of pearls. Myanmar Pearl Enter­prise, the state-owned company that monopo... 3706

Manufacturing sector absorbed more foreign investments in Thilawa SEZ
Sep 04, 2017
Foreign direct investments in Thilawa SEZ primarily flowed into manufacturing sectors which accounts for 73 per cent of total FDI in the zone.... 3480

First Foreign Sugar Factory to Open in Kayin
Sep 01, 2017
Singapore-based Cred­era Group is in pre­liminary negotiations with Kayin State cabinet members to set up a sugar factory, U Win Hlaing Oo, Director of Kayin State Ag­riculture Department, told Mya... 3487

Yangon fuel oil sales remain constant
Aug 31, 2017
PETROL and diesel sales remain steady and fuel oil prices are about Ks670 for a liter of diesel, Ks675 for Octane 92, Ks720 for Octane 95 and Ks690 for premium diesel, according to the Commerce ... 3468

IRD Imposes Tax on Mobile Phones
Aug 30, 2017
The Internal Revenue Department (IRD) has revealed a plan to implement a 5 percent commercial tax on the pur­chase and import of mo­bile phones, U Min Htut, Director General of Inter­nal Revenue De... 3514

Record high gold price in Myanmar
Aug 30, 2017
Rising global gold prices have driven Myanmar prices to a record high yesterday, according to the Myanmar Gold Entrepreneurs Association. The price of gold in Myanmar reached a record high of U... 3462

Ponzi Scheme Takes Millions From Rural Myanmar
Aug 29, 2017
In the wake of My­anmar’s most wide­spread and finan­cially devastating ‘Ponzi scheme,’ millions of dollars have been lost, thousands of people de­frauded, and a myriad of ministries left po... 3473

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