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Per capita income of citizens projected to hit 3,000 USD in 2030
Mar 19, 2019
Per capita income of citizens is projected to hit 3,000 US dollar per year in 2030, and the World Bank’s the ease of doing business index for Myanmar rises to within the top 100 by 2020, said Vice-... 81

Fourth day of Myanma Gems Emporium continues in Nay Pyi Taw
Mar 15, 2019
ON the fourth day of 2019 56th Gems Emporium, 69 gems lots were reported to be sold at Euro 1.024 million. A total of 500 gems lots were put up for sale through an open tender system on the four... 131

Calls for sales of blended cooking oil to be legalised
Mar 15, 2019
Oil dealers want to sell blended oil made of peanut and palm oil, according to the industry body. U San Lin, vice president of Myanmar Edible Oil Dealers’ Association, said blended product wi... 119

Myanmar's black gold lures plucky oil drillers
Mar 15, 2019
MINHLA — As clouds of acrid, black smoke belched above the flames engulfing an artisanal oil field in central Myanmar, prospectors from nearby hillsides arrived in droves, hoping for riches from a f... 122

Marine exports up $26 mln in five months
Mar 11, 2019
MYANMAR earned about US$364 million from the export of fisheries products in the first five months of the 2018-2019 fiscal year, increasing by $26 million from the corresponding period last 2017... 134

KBZ Bank Working to Spur Home Ownership Among Locals
Mar 08, 2019
KBZ Bank is launching a set of new Home Loan products aimed at increasing home ownership aiming locals. The five Home Loan options offer preferential rates and are structured simply to offer different... 160

Nearly 60% of dried fish depots suspended due to import ban
Mar 08, 2019
NEARLY 60 per cent of dried fish depots in the country have suspended operations on account of the ban on import of raw dried fish, according to the Myanmar Fish Paste, Dried Fish, and Fish Sauc... 156

Industrial Bank of Korea Eyeing Presence in Myanmar
Mar 08, 2019
Industrial Bank of Korea, which is supporting small and medium enterprises in South Korea, is eyeing to extend its services in Myanmar, U Aung Kyi Soe, General Secretary of UMFCCI, said at the worksho... 146

Mandalay’s Motorcycle Market is Clicking
Mar 05, 2019
The motorbike market in Myanmar’s second largest city Mandalay has picked up according to motorbikes shops. This is in contrast to Yangon, where riding motorbikes in the city is legal. “Motorbi... 203

A touch of micro financing for renting homes in Yangon
Mar 05, 2019
As more and more people move to Yangon to seek work every year, the housing shortage in the city becomes increasingly acute. One form of housing that has emerged to serve the needs of middle-cl... 153

Online Tax Payments Now Available
Mar 04, 2019
With the goal of making tax payments easier for taxpayers and encouraging people to pay taxes, the government has been implementing the online payment system since 2014, Daw Khine Shwe War, the Deputy... 172

Mandalay International Livestock and Agriculture Show to be Held with Over 200 exhibitors
Mar 04, 2019
Silver Sea International Company will hold Mandalay International Livestock and Agriculture Show 2019, where over 200 local and foreign exhibitors will take part. The expo will take place from May ... 147

Gold Isn’t Tempered With Higher Prices
Mar 03, 2019
The price of gold in local marketa has increased along with a higher price of gold on the international market. However, this hasn’t had a negative effect on local gold trading activities according ... 194

Chinese, Japanese investors show interest in Rakhine
Mar 03, 2019
While Western investors have shied away due to human rights violations related to the northern Rakhine crisis, Chinese and Japanese investors showed visible interest in the state at the Rakhine In... 155

Production for commercial gains from offshore natural gas sites to begin soon: State Counsellor
Feb 25, 2019
Production of oil and natural gas is a good potential prospect of Rakhine State and she is hoping that production for commercial gains from offshore natural gas sites will begin in coming years, said... 199

Myanmar Trade Center to Open in Hainan in April
Feb 22, 2019
The Myanmar Trade Promotion Organization under the Ministry of Commerce will open a Myanmar Trade Center in Hainan, China in April this year in order to boost Myanmar’s value-added products export t... 227

The teak kingpin and corruption in the timber trade
Feb 22, 2019
YANGON — A Hong Kong man who became a shadowy teak kingpin and made millions of dollars from corrupt trade in the coveted timber paid for the overseas education of top officials in Myanmar’s rulin... 241

Gold continues upward trend on strong global cues
Feb 19, 2019
WITH the increase in global gold prices, the price of domestic gold also rose and reached a new record of over K1,077,000 per tical on 18 February. “As a consequence of the rising global gold ... 190

Local fuel prices on the rise
Feb 19, 2019
LOCAL fuel prices, which had been stable for a month, are on the rise in the market, according to taxi drivers. On 17 February, fuel prices stood at K700 per liter for Octane 92, K790 for Octane... 209

Myanmar SMEs aim to export value-added products to ROK
Feb 18, 2019
MYANMAR’S small and medium enterprises (SMEs) are planning to ship value-added products to the Republic of Korea, said U Aung Kyi Soe, the general secretary of the Union of Myanmar Federation ... 226


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