Casinos thrive in Myawady

The number of casinos in Myawady, Kayin State, is growing, according to local sources. Casinos are heavily restricted by Myanmar law, and gamblers around the country are frequently arrested by police. The Maw La Min Casino is the first of its kind to advertise publicly by erecting a billboard in Ward 5. Kayin State MP […]

No need to seek approval from MIC for investment except for businesses with environmental impact

Investment businesses are no longer required to seek approval from Myanmar Investment Commission (MIC) apart from the businesses needing environmental impact assessments. Those investment businesses can apply for registration at the Directorate of Investment and Company Administration (DICA) branches in the regions and states concerned. Currently, more DICA branches will be opened in Kayin State, […]

Slips for Hpa-an’s affordable housing project sold off to third parties

Entitlement slips for units in an affordable housing project to be built in the vicinity of Hpa-an’s Industrial Zone, Kayin State, are already being bought and sold, local real-estate agents have told Myitmakha News Agency. The ‘slips’, which require the holder to pay off the value of the affordable housing unit with a sum of […]

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 […]

Car prices within Kayin State rise amid month-long suspension of Japanese imports into Thailand

Hpa-an, July 11 – reports of a month-long suspension to the normal arrival of Japanese containers into the Thailand – Myanmar border region of Mae Sot has prompted a rise in the car market within Myanmar’s Kayin State, according to car sales agents from Myawady. Changes to the Kayin State car market are reportedly dependent upon […]

From village to victim, Myanmar women fear foreign maid work ban puts them at risk

The ban on women going abroad to find such employment was initiated in September 2014, following a number of high profile cases of worker abuse. Biak and her older sister Van Hnem left to find work as maids in Singapore with few job opportunities in their remote village in Chin State, the poorest region of Myanmar where 73 per […]

First low-cost housing to be built in Mogok

The Infrastructure of Myanmar Company is planning to build a low-priced housing project in Mogok township, Mandalay Region, says company chair U Than Oo. The project, which includes 80 five-storey buildings with a total of 2560 apartments, will be built on a 23-acre privately owned plot in Yaypu village, aiming to help residents own their […]

National minimum wage proposal agreed at K3600

A union representative and a Kayin State labour ministry official, both members of the national minimum wage committee, disclosed the figure to The Myanmar Times on the final day of a closed-door meeting in Yangon that appeared to deal a blow in particular to the garment industry. Minister for Labour and committee chair U Aye […]

Illicit Fish and Meat Flooding over Thai Border

Fish, prawns and chicken meat are being smuggled over the border in shipping containers from Thailand, according to a letter of complaint from the Kayin State Fisheries Association to the Myanmar Livestock Federation (MLF). “Prices of chicken and fish are high in Myanmar but prices outside of the country are low. There are containers coming […]

Rubber price spike starts to erase losses

Rubber prices jumped last week in keeping with world prices and an improved exchange rate, but it is not enough to dig domestic producers out from mounting losses. International prices have plunged by as much as 75 percent from highs reached briefly in 2011, and local prices have kept pace. While there has been something […]