Myanmar to export 515b cubic ft of gas this FY

Myanmar is expected to export 515b cubic ft of natural gas this fiscal year while keeping 160.6b cubic ft for local use, according to the second National Development Plan (NDP), reported on Natural Gas The main Myanmar gas projects; Yadana, Yedagun, Zawtika and Shwe are expected to bring in the lot with 206.2b cubic […]

Myanmar Pharmaceutical Factory to export snake venom

THE Ministry of Industry plans to export antivenom this year to countries in Asia, especially neighbouring countries that cannot produce antivenom. “We are ready to export our products. Currently, we are contacting embassies of the countries that we will target to export antivenom, and we are waiting to be checked by the WHO,” said U […]

Outgoing Government Gives Wharf Concession to Tycoon’s Shipping Firm

Burma’s Port Authority has awarded Kaung Myanmar Aung Shipping Co. Ltd. the right to develop a new area for cargo ships to dock on downtown Rangoon’s riverside, state media reports. The company is part of the sprawling KMA Group, which is headed by Burmese tycoon Khin Maung Aye, known to be close to outgoing President […]

‘Phuket of Myanmar’ seeks MIC approval

The US$1.2 billion LuxDream Island project is branded “the next Phuket” and will feature a high-end marina, luxury hotels, a theme park and a casino. The plan may seem incongruous with the serenity of Myanmar’s Myeik Archipelago. But the island dream looks set to become reality, as Singaporean Zochwell Group prepares to sign a Build, […]

Liquor drought before wine plan

The foreign liquor drought has continued for weeks since a late February move by some retailers to pull booze off the shelves, after promises of legalised imports did not materialise. Officials from the Myanmar Retailers Association head office in Yangon said they remain hopeful the government will pursue an explicit policy on alcohol imports that […]

Myanmar airports improve safety

YANGON, 11 March 2015: Myanmar’s Ministry of Transport says it has upgraded six airports in terms of safety and security. The six airports that have gained new safety equipment are Yangon, Mandalay, Nyaung U, Heho, Thandwe and Dawei. The Global New Light of Myanmar claimed the six airports received safety and security upgrades with the […]