Export Volume of Mussels From Kyaukphyu to China Declines Due to Unstable Price

The drop in export volume of mussels mostly found in Kyaukphyu is attributed to the unstable price of mussels and irregular demand from China, it is learnt from the mussel depots. Around 2,000 to 7,000 viss of mussels are usually exported from the Kyaukphyu area to the China market per month. However, only 1,000-2,000 viss […]

E-Visa Holders Permitted to Enter Burma Overland

RANGOON — Burma’s Ministry of Immigration and Population will allow tourists from 100 countries holding electronic visas to enter Burma through three cities on the Thai border, starting on Sept. 1. The electronic visa application was introduced in 2014 and allowed tourists holding “e-visas” to enter the country only via airports in Rangoon, Mandalay or […]

Yangon electricity board to receive its first budget

Yangon City Electricity Supply Board (YESB) will have its own budget beginning April 1 as part of a government-wide process of professionalising state-owned firms. YESB and other state firms are under pressure to transform the enterprises into professional businesses and separate them from day-to-day control by government departments. YESB has officially begun corporatising since 2014 […]

Gold miners fall behind on fees

Three large private mining companies at the Moehti Moemi mines owe hundreds of millions of dollars worth of in-kind payments to the Ministry of Mines, according to U Win Htain, Mining Department director general. Fevered bidding in a 2011 tender may have seen the three firms overreach, as they offered high payments in the future […]

JCB Credit to be launched in Myanmar in September

Japan Credit Bureau (JCB) signed a deal with Myanmar Payment Union (MPU) in Yangon on Thursday last week to launch its credit card in the country. The agreement includes withdrawing cash from the automatic tellers machines (ATM) with JCB cards starting from September this year. The signing ceremony of Master License Agreement for Acquiring Business […]