Experts urge to check high-rise buildings for quake resistance

High-rise buildings in Yangon and Mandalay are needed to be checked for quake resistance as the cities are located near the Sagaing fault line, said Myanmar Earthquake Committee. “I think people who live in the quake zone need to be alert aganist possible quake,” said Daw Hla Hla Aung, Patron of the committee at a […]

Export price of rice to China on the decline unlike stable domestic rice price

The price of rice exported to China through the Muse trade channel has been on the decline, unlike the domestic rice price, which remains stable  said U Kyaw Min, the secretary of Mandalay Rice Depot. Rice is exported to China mostly through the Muse and Lweje border trade camps, but the rice trade is declining […]

Local guitar makers struggle to compete with imported brands

GUITAR manufacturers in Mandalay, Sagaing and Yangon are struggling to compete with  imported brands from China, according to local entrepreneurs. The quality of guitars produced locally is better than the imported ones, but are more expensive, merchants said. The price of a guitar made in Myanmar has steadily increased due to a higher labour wages. […]

Myanmar to launch single-stop inspections at borders with neighbouring countries

Single-stop inspections will be deployed at border gates between Myanmar and neighbouring countries to prevent illegal trade, said Union Minister for Commerce Dr Than Myint yesterday. The Union minister told Amyotha Hluttaw that discussions are ongoing with China and Thailand to launch the single-stop inspection system at border crossings. The system is aimed at avoiding […]

Nay Pyi Taw villages rewired in 100 days electrification plan

The government has arranged to connect 1150 households in Nay Pyi Taw’s Ottarathiri township to the national electricity grid as part of the new administration’s 100-day plans, according to U San Yu, deputy secretary of the Ministry of Electricity and Energy. The initiative is part of a broader effort to bring electricity to more than 15,000 […]

Fruit farmers consider forming public companies

Frustrated with complex procedures, taxes and advantages held by Chinese traders in the border town of Muse, fruit farmers in upper Myanmar have floated the idea of forming companies in the hope of finding strength in numbers. In May, the government tried to help farmers and small-scale importers and exporters in Northern Shan State, Mandalay […]

Strong quake hits northern Myanmar, shakes neighbouring countries

A 6.9-magnitude earthquake struck Myanmar on Wednesday, causing tremors around the region, including in neighbouring Bangladesh where scores were reported injured in stampedes and buildings were damaged. YANGON: A 6.9-magnitude earthquake struck Myanmar on Wednesday (Apr 13), causing tremors around the region, including in neighbouring Bangladesh where scores were reported injured in stampedes and buildings […]

Who’s who: Myanmar’s new cabinet

Take a look inside the National League for Democracy’s new proposed government with insider profiles of the party’s 18 candidates for ministerial posts: Daw Aung San Suu Kyi (foreign affairs; president’s office; education; energy and electric power) The National League for Democracy leader needs little introduction. Has vowed to rule “above the president”, and with […]

Can This Frontier Venue For NatGas Reel In Serious Investment?

After five decades of oil and gas exploration stagnation and mismanagement of natural resources under military rule, Myanmar (formerly Burma) in March elected its first non-military president since the 1962 coup, and if it all plays out right, it could open the floodgates for investment in this strategically vital oil and gas venue. On 15 […]

Sagaing set to sparkle with gems market

Sagaing businesspeople aim to capitalise on the city’s informal gems and jade trade by opening a formal gems market as soon as this year. The gems market will help eliminate illegal trade and bring revenue flows into the open, as well as operate as a business in its own right, according to U Aung Gyi, […]