Beans and Pulse Association Weighs on Trader Dispute

Based on request from a local company, Myanmar Pulses, Beans and Sesame Seeds Merchants Association will solve the financial issue between merchants and the company. The pulse trading firm, Thein Than Company, asked help from the association a month ago to judge the financial issue. “We are checking the financial statement of both sides and […]

Garment Exports Jump More Than Threefold in 2016-17FY

Garment sector’s export volume during the five months of 2016-17 reached $512 million compared with the same period last year, according to Ministry of Commerce. “Until September 9, garment export reached $745.49 million. Last year in this season, the export reached $232.81 million. In last year August, we aimed to boost the export volume, and […]

New Housing Project At Hlegu in The Pipeline

A new urban area comprising residential apartments and shopping centres will be implemented at Hlegu Township in the outskirts of Yangon to provide grassroots level people with affordable housing, according to the Ministry of Construction. Maharmate Kyal Group, a local developer, in partnership with the Ministry of Construction, is expected to implement the housing project […]

Laws Need to be Updated to Attract Foreign Investment: MIC Secretary

Foreign investment has been increasing in Myanmar, but for the trend to continue, the government needs to update some of its antiquated laws to protect investors, according to secretary of Myanmar Investment Commission. “The existing laws in Myanmar have many weakness. Foreign investment relies on laws to protect them. First, they study law protections for […]

Organic Farming Vs Commercial Farming in Myanmar

Myanmar needs to rethink its agricultural strategy if it wants to be a successful agricultural export nation. Past farming policy also needs to be reviewed in light of today’s challenges and tomorrow’s possibilities. In our study on organic farming in Myanmar we interviewed companies that market organic rice, organic medicine, organic fruits and organic vegetables. […]

Myanmar state cement plant at Kyaukse to receive upgrade

Myanmar: The state-run No. 33 cement plant in Kyaukse, Mandalay will be upgraded to produce up to 5000t/day of cement in a partnership with Myanmar Conch Cement. The plant was established in 1983 and has been running under the Ministry of Industry with a capacity of 300t/day. The upgrade is expected to be finished in […]

€1.3 Million Worth Pearls to be on Display at Exhibition

More than 100,000 pearls worth €1.3 million will be displayed and sold by Myanma Pearl Enterprise in the 53rd Myanmar Jade, Gems and Pearls Emporium this month. The exhibition will be held at Maniyadanar Jade Hall in the capital Naypyitaw from June 24 to 26. Approximately 250 series of pearls will be displayed in the […]

Jovago Seeks Local Partner Hotels in Chin State

Online hotel booking site Jovago, backed by Rocket Internet and Ooredoo, said it is looking for partner hotels in Chin state as the northwestern state attracts increasing number of visitors. “Our ambition is to propose hotels everywhere in Myanmar, even in the most remote zones. Chin state is one of them – a very beautiful […]

Fourth Telco Operator to be Named in Mid-2016

  The government expects to select the fourth telecommunication operator in the months of June or July, an official said. U Chit Wai, deputy permanent secretary of the Ministry of Communications and Information Technology (MCIT) and a member of the Tender Selection Committee, told Myanmar Business Today, “One of the foreign companies will be selected […]

Comprehensive Auto Insurance Still a Hard Sell

  Approximately 20 percent of vehicle owners have bought a comprehensive coverage insurance policy despite the rising number of motor vehicles used for transportation. According to the state-run insurer Myanmar Insurance Enterprise (MIE), the number of vehicles users are increasing day by day, but only a few have purchased full coverage so far due to […]