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Fear stoked by Chinese-funded port and SEZ in Myanmar's Rakhine
Nov 15, 2019
Aung Gyi is forced to fish covertly under the shroud of night in western Myanmar waters as China bids to transform the strategically key region into a shipping and industrial hub, squeezing out local... 16

Yoma to acquire an additional stake in Wave Money
Nov 15, 2019
Yoma Strategic Holdings (YSH) has agreed to acquire an additional 10 per cent stake in Digital Money Myanmar (Wave Money) from Yangon-listed First Myanmar Investment (FMI) for $6 million, Dealstreeta... 17

Mandalay raises maximum property value to K18 billion
Nov 14, 2019
The Mandalay Region government has set new rates for the assessed value of property for 2019-2020, with the maximum rate for downtown pegged at K18 billion (US$11.86 million) an acre. The annou... 67

Gold price dips below K1.2 mln in domestic market tracking global cues
Nov 13, 2019
WITH gold prices sliding in the global market, the price of gold has plunged below K1.2 million per tical (0.578 ounces or, 0.016 kilograms) in the domestic market for the first time since 7 Augu... 47

As remittance market reaches saturation, mobile money keeps growing
Nov 11, 2019
As the market for consumer remittances reaches saturation, mobile money operators are looking to smartphone apps to continue their growth. IF THE mobile money market were a football match, then the... 76

Fuel imports exceed $ 180 m in one month
Nov 09, 2019
Within one month of this fiscal year, the fuel imports exceeded 180 million US dollars, down 29 million US dollars compared with the same period last year, said Khin Maung Lwin, Assistant Permanent S... 92

Bangkok Condo Expo to offer Installment Payment plans
Nov 06, 2019
Your Property Finder (YPF) stated that the Bangkok Condo Expo, which will be held at the Melia Hotel, Yangon from November 15 to 17, will offer an installment payment program for condominiums. The ... 107

Myanmar Grants Commercial Tax Exemption for 14 Embassies
Nov 01, 2019
The Ministry of Commerce announced a commercial tax exemption for 14 embassies in Myanmar including Delegation of the European Union, on October 3. The ministry said it granted this exemption for e... 162

Domestic gold price reaches K1.22 mln; global gold pegged at $1,492
Oct 30, 2019
THE price of gold in the domestic market has touched K1.22 million per tical (0.578 ounces or, 0.016 kilograms), tracking global gold prices, which are currently pegged at US$1,492 per ounce, ac... 128

Singapore Ambassador discusses Myanmar relations and trade
Oct 30, 2019
Singapore might be a small island state but for Myanmar it looms large, a relationship that dates back to British colonial times. Mizzima TV editor Myo Thant recently sat down with the Singapore Ambas... 238

Slowing demand, supply glut at Muse gate drive down watermelon prices
Oct 29, 2019
WATERMELON prices have been cooling due to a supply glut coupled with a fall in demand at Muse gate, according to Khwarnyo Trading Co Ltd. On 18 October, about 90 trucks loaded with watermelons ... 137

Starbucks Extends Preparation Period for Myanmar Investment
Oct 25, 2019
Starbucks has been plan­ning to open 20 Starbuck stores using a $6 million investment, and they have an­nounced an extension to their preparation period. “They have extended their preparation p... 198

Myanmar Grants Commercial Tax Exemption for 14 Embassies
Oct 23, 2019
The Ministry of Commerce announced a commercial tax exemption for 14 embassies in Myanmar including Delegation of the European Union, on October 3. The ministry said it granted this exemption for e... 207

Myanmar showcases its products at STYLE Bangkok
Oct 22, 2019
Myanmar showcased traditional cotton clothing, consumer goods and traditional handicrafts at the fifth STYLE Bangkok Fair, sources say. STYLE Bangkok October 2019 will be held for five days from ... 206

KBZPay Facilitates $1.8 Million Transactions
Oct 19, 2019
KBZPay was officially launched in October 2018, they have facilitated more than $1.8 million transactions on their platform, according to data from KBZ bank. “In their first year, KBZPay has enab... 243

Peace process must address natural resources governance: Forest Trends
Oct 18, 2019
YANGON — It is “paramount” that ceasefire and peace negotiations in Myanmar directly address the governance of natural resources that are the backbone of the economy, warns a new report by non-p... 229

Rice Exports to China Decrease Due to Stricter Policies
Oct 16, 2019
Stricter policies and measures from the Chinese Government have cause the volume of Myanmar’s rice export to decrease during the 2019 Fiscal Year, according to U Khin Maung Lwin, Deputy Permanent ... 244

Mottama to Lease Space in M Tower by 2020
Oct 10, 2019
Mottama Holding Limited said it will begin leasing floor space in the new M Tower, which is expected to open in June or July next year. The 26 story steel structure tower is the first of its kind in M... 327

MAEX Prepares to File at Yangon Stock Exchange
Oct 10, 2019
Myanmar Agro Exchange Public Lt. (MAEX), which builds and operates Da Nyin Gone Fruit, Vegetable and Fruit Wholesale market, said it has prepared all the requirements to be listed at the Yangon Stock ... 279

Myanmar coffee producers seek to expand export markets
Oct 09, 2019
US and Myanmar partners celebrated achievements in Myanmar’s coffee and other agriculture sectors in Yangon Tuesday at an event marking the end of the US Agency for International Development (US... 291


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