Page No.
Construction Entrepreneurs Association Calls for Reduction of Interest Rate to 9 Percent
Mar 16, 2018
The Construction Entrepreneurs Association has called for the government to reduce the interest rate to 9 percent from 13 percent. In neighboring countries like Thailand and Singapore, the interest... 22

Profit from onion price rise offset by low yield
Mar 16, 2018
Although the prices of onion soared this year, farmers said they had made only small profits because of a low yield. The price-per-viss (1.63 kilograms) of onion doubled this year from the previous... 21

IFC plans for more investments in microfinance
Mar 14, 2018
INTERNATIONAL Finance Corporation (IFC), a private sector arm of World Bank Group, has invested US$23.5 million (about Bt736 million) in four microfinance institutions (MFIs) in Myanmar, and is eager ... 68

10,000 applications submitted in two days to sit entrance exam for working in South Korea
Mar 14, 2018
Yangon Region has issued over 20,000 applications for an entrance examination in Korean language to get permission to work in South Korea, and nearly 10,000 were submitted in two days, according to th... 65

Inle floating market to open in November
Mar 09, 2018
THE Inle floating market is expected to open in November this year, according to the Ministry of Hotels and Tourism. “We are discussing a plan to develop the Inle floating market. We will cho... 224

Yangon Region government plans to reduce fuel oil price
Mar 08, 2018
THE Yangon Region government is making arrangements to reduce the price of fuel oil, as the domestic prices are high compared with global prices. “We can control the price of fuel oil if we ca... 170

Uber selling Southeast Asia operations to Grab: report
Mar 08, 2018
Uber is selling parts of its Southeast Asia operations to local rival Grab, getting a piece of the action in the process, according to US media reports. Grab is on the cusp of buying Uber’s busin... 119

Myanmar poised to push for digital economy with corporates’ aid
Mar 08, 2018
FIVE YEARS after Myanmar’s liberalisation of the telecommunications sector, the nation has now over 50 million mobile subscribers, a figure that almost encompasses its total population, and is set f... 162

Under construction buildings still operated: Ygn Mayor
Mar 08, 2018
YANGON- The under construction buildings weren’t suspended, Yangon Mayor Maung Maung Soe yesterday said at the Second Parliamentary Meeting of Yangon Region hled on March 6th. MP Hla Thein from ... 153

President’s Honourary Award and certificates of honour presented to highest taxpayers
Mar 08, 2018
A ceremony to present the President’s Honourary Award and certificates of honour to those who made highest tax payment on income tax and commercial tax for Assessment Year 2016-2017 was held at the ... 136

2018 FY: Taxation Revenue is up 120 Percent
Mar 07, 2018
Myanmar has generated K3 trillion from 12 kinds of taxes in first half of the 2018 Fiscal Year — April 2017 to September 2017 — an increase of K530 billion compared to the same period during the p... 140

Famous French clothier puts Burmese turtle on its shirts
Mar 06, 2018
Lacoste, the French clothing company, temporarily replaced its polo shirts’ iconic crocodile logo with the images of 10 endangered species, including the Burmese roofed turtle, to help counter... 158

February sees record drop in YSX trading
Mar 06, 2018
Trading at the Yangon Stock Exchange (YSX) experienced a record-breaking drop of over 740 million kyat in February – the lowest since the exchange launched in March, 2016. There are now five lis... 180

Mobile players step up 5G efforts
Mar 03, 2018
TECHNOLOGY companies are losing no time after the world’s biggest smartphone trade show to ensure their plans to seize on fifth generation (5G) telecommunications opportunities are realised over the... 181

Colliers Quaterly Review Yangon Office
Mar 02, 2018
There has been a pronounced correction in headline rents. Given the increase in competition and the entry of better-quality projects, landlords are now willing to lower prices to reasonable levels. In... 200

Developers Urge Government to Temporarily Reduce Tax to 5 percent
Mar 02, 2018
During a meeting with the Yangon Regional government held at MCC on February 17, construction developers urged the government to temporarily reduce the commercial tax from 30 percent to 5 percent for ... 182

Amara pledges 4G broadband lifestyle for Myanmar
Feb 28, 2018
GIVEN THE HIGHER data consumption in Myanmar, Amara Communications Co, a locally-owned turnkey solution provider with expertise in telecommunications, has been working around the clock to play a criti... 199

Digitalisation in SE Asia on Huawei radar
Feb 28, 2018
DESPITE a number of challenges, including the lack of ICT infrastructure, digital awareness, and investment, Southeast Asia has drawn the interest of Huawei Technologies Co, according to the ICT giant... 177

Emerging markets on cusp of digital transition
Feb 28, 2018
AS THE mobile industry moves into the 5G era, emerging markets are on the cusp of a major transition towards digital economies, according to the Mobile World Congress 2018 held from February 26 to Mar... 166

KBZ Bank and ActionAid Support Women Farmers Access to Finance
Feb 26, 2018
KBZ Bank and ActionAid have announced a new partnership that will improve the standards of living for women agricultural producers in central Myanmar, by providing access to finance. Women farmers ... 160

Copyright © BurmeseClassic 2018 All right Reserved.