Energy Advisor Woos Investors, But Hints at “Dark Forces”

U Soe Myint, a national energy sector advisor to the Asian Development Bank and former director general of Ministry of Energy’s Energy Planning Department, told a business seminar that more foreign investment is needed in the oil and gas sector, but they should be aware of uncertainty. He said that in addition to oil exploration, […]

First-ever finished and cut-gem market to open in early November

Myanmar’s first-ever finished and cut-gem market will open in the compound of Myanma Gem Museum in Yangon in early November, according to Myanmar Gem and Jewellery Entrepreneurs Association. The association had intended to open the finished and cut-gem market in October this year. “We had proposed to open the market in October this year. And […]

Gubelin Gem Lab eyes ‘Ruby Land’

Gubelin Gem Lab, a Swiss company that has a regional office in Hong Kong, sent foreign gemologists to Mogok, known as “Ruby Land”, in early July to test gemstones in the area, which has previously been off-limits to foreigners. “After the government allowed foreigners into Mogok in April we received permission for our technicians to […]