Border trade tops US$3billion, a rise from previous fiscal year

Border trade as of 14th October in this fiscal year 2016-2017 reached over US$3billion, which is higher compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce. Border trade value from 1st April to 14th October in this fiscal year fetched US$3,790.3million, which is up from US$3,451.254million […]

Value of trade through Muse border trade camp on the decline

The value of trade through the Muse border trade camp was on the decline as of the end of September, it is learnt from the statistics of Trade Department. The value of trade via Muse as of 23rd September in this fiscal year amounted to US$2,214.732million, whereas in the similar period of last fiscal year […]

E-Visa Holders Permitted to Enter Burma Overland

RANGOON — Burma’s Ministry of Immigration and Population will allow tourists from 100 countries holding electronic visas to enter Burma through three cities on the Thai border, starting on Sept. 1. The electronic visa application was introduced in 2014 and allowed tourists holding “e-visas” to enter the country only via airports in Rangoon, Mandalay or […]

Edible bird’s nests in high demand from China, Malaysia and Thailand

The edible bird’s nests produced by swiftlets from the Myeik archipelagoes in Taninthayi Region are readily purchased in China, Malaysia and Thailand, it is learnt. The bird’s nests are exported through Ranong  to Thailand and are also sent to Yangon. The merchants export these bird’s nests to Malaysia and China after the nests are purified, […]

MIC grants permission for nine investments

Myanmar Investment Commission (MIC) granted permission on 19th August for nine local and foreign investments, including a five-star hotel. Pun Hlaing Lodge Hotel Management Co., Ltd has been given permission to operater a five-star hotel on 2.196 acres of land at Pan Hlaing Golf Estate, Hlaingthaya Township, Yangon, it is learnt from a meeting of […]

Local resistance fails to halt Myeik coal-fired power plant

A local company says it will pursue plans to build a 50-megawatt coal-fired power plant in Tanintharyi Region once it has secured permission from Myanmar Investment Commission (MIC), despite continuing opposition from the community. Beside Lut Lut village – 12 miles (19.3 kilometres) from Myeik – Than Phyo Thu Mining Company and Myeik Public Corporation […]

Grand Andaman and UMEHL to harvest birds’ nests in Tanintharyi

Grand Andaman Islands Company has become Myanmar’s first private company to hold a licence to work alongside military-owned conglomerate Union of Myanmar Economic Holdings Limited (UMEHL) harvesting birds’ nests on a number of islands in Tanintharyi Region. The company, which also owns a casino resort in the Andaman Sea, won three out of four lots […]

Beyond Ranong, southern fishers struggle to find markets

Myanmar labourers are already at work, hauling baskets laden with fish and bargaining over prices, before the sun is up. They work at the Ranong fish markets, the centre of southern Myanmar’s fishery trade. It is where heavily laden Myanmar fishing boats come to sell their catch, where humming processing factories prepare fish for export, […]

Govt Defends Plan to Ramp-Up Reliance on Coal

RANGOON — The government intends to push ahead with plans to increase Burma’s reliance on coal-fired power plants to 33 percent of the country’s total generating capacity by 2030, according to a deputy minister from the Ministry of Electric Power. Aung Than Oo, the deputy minister, said on Wednesday that due to projected steady growth […]

Myanmar’s Mergui Archipelago: Is tourism a force for good?

As resort developers sense the money to be made in Myanmar’s Mergui Archipelago, Nigel Richardson sails around its 800 islands and realises what is at stake In Biggles Delivers the Goods our eponymous goggled hero flies north over the Andaman Sea on a mission to thwart the Japanese: “To the right, the horizon was defined […]