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Yangon takes legal action against nearly 30,000 vehicles
May 27, 2017
The house rental market in Yangon has declined lately, but the apartment rental market is growing.... 42

Delivery Service Food2U Secures Funds for Expansion Into Mandalay, Napyitaw
May 25, 2017
Yangon-based food delivery service Food2U has se­cured a six-figure invest­ment from four local in­vestors as the company eyes expansion into Man­dalay and Napyitaw. Part of the investment will... 64

Myanmar businessmen and China Co cooperate for seed distribution
May 25, 2017
A company from China (Taipei) and Myanmar businessmen will cooperate to bolster seed distribution, said U Min Zaw Oo, the director general of Directorate of Investment and Company Administration.... 48

More foreign taxi service companies likely to enter Yangon market
May 25, 2017
Following Grab and Uber’s entrance into Myanmar, more foreign taxi service companies are expected to enter Yangon market, said economists.... 61

Myanmar to Host International Science Exhibition
May 24, 2017
The Myanmar Lab Expo 2017, involv­ing international participants, will be held in Yangon in early July, official sources said. The Expo will showcase laboratory, scientific, ana­lytical and biote... 49

Microfinance Institution MFIL Secures $1m Loan From Malaysia’s Maybank
May 23, 2017
Myanmar Fi­nance Interna­tional (MFIL), the mircrofinance joint venture of investment company Myanmar In­vestments International (MIL), has secured a $1 million loan off Malaysian lender Maybank. ... 74

DICA permitted 25 investments in Myanmar
May 23, 2017
The Directorate of Investment and Company Administration (DICA) has permitted 25 local and foreign investments in Myanmar during this month it is learnt.... 64

Elephant foot yam production makes a healthy profit
May 23, 2017
Elephant foot yam production can make a handsome profit, plus earning foreign income.... 47

Sein Ta Lone mango expected to fetch Ks2.4million
May 22, 2017
A tonne of Sein Ta Lone (Diamond Solitaire) mango fetches about Ks2 million in the export market and the price is likely to increase as the mango yield this year possibly decreases, according to... 78

Multi-purpose container barge service starts
May 22, 2017
The Ministry of Transport and Communications has started the Inland Water Transport (IWT), a multi-purpose container barge service to transport goods along the Ayeyarwady River and containers in... 59

H&T Ministry to offer Green Season Promotion
May 22, 2017
In a bid to enhance both hotel and tourism businesses and the investment enterprises, Green Season Promotion will be offered with a reduced price of airline tickets, hotels and restaurants, said... 54

China Seeks Up to 85 Percent Stake in Strategic Port in Myanmar
May 20, 2017
China is looking to take a stake of up to 85 percent in a strategically important sea port in Myanmar, ac­cording to documents re­viewed by Reuters, in a move that could heighten tensions over China... 99

Over 600 jade mine licences in Kachin’s Gem land to expire this month
May 20, 2017
THE licences of over 600 jade mining blocks in Lonekhin, Hpakant and other sites in Kachin State will expire this month, according to the Myanmar Gems Enterprise under the Ministry of Natural Re... 93

Pazundaung night market to be opened
May 20, 2017
The Pazundaung night market will be opened with nearly 140 shops in the 10th Ward of Pazundaung township this month, according to an official from Pazundaung township Municipal Affairs Committee... 62

Auto market remains cool with high prices
May 19, 2017
The auto market not only in Yangon but also in other regions and states has been cool with the highest price rate in May.... 90

Online licences follow construction of Myawady Dry-Port
May 19, 2017
A plan is underway to construct a dry-port near Myawady trade zone and import/export online licensing system will be provided after the construction is completed, said an official from the Comme... 60

Blue plaques erected at Yangon Stock Exchange
May 19, 2017
The 18th commemorative Blue Plaque of Yangon was installed at Yangon Stock Exchange office building at the corner of Sule Pagoda Road and Merchant Road yesterday.... 49

Over 6,000 tonnes of fisheries products exported to China in April
May 18, 2017
Over 6,000 tonnes of fisheries products were exported to China through Muse border trade, according to the Commerce Ministry news.... 70

Yangon Gov’t to relax low-cost housing down payment rules
May 18, 2017
The Yangon Region Government is planning to relax the down payment requirements for purchasing low-cost housing and to extend the periods for loans, said Daw Nilar Kyaw, Regional Minister for El... 49

Ninety thousand motorcycles imported via Muse
May 18, 2017
Over 90,000 motorcycles were imported through the 105th Miles Muse Border Trade Zone in April, 2017-2018 FY, according to Myanmar Ministry of Commerce.... 44

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