Golden push for local market plans

The Myanmar Gold Entrepreneurs Association is pushing for a solution to the fractured local gold selling market through the introduction of a central exchange with strong rules. The market’s aim is to standardise criteria for quality and pricing in line with international standards, while bringing all trading to one place, said association secretary U Kyaw […]

Mining Ministry to Open Gems Lab in September

U Than Tun Aung, deputy minister for mining, said at a parliament session that the ministry is planning to set up a high-tech gem laboratory in Yangon to inspect the quality of Myanmar gems. “The research department of Myanmar Gems Enterprise systematically inspects gems currently. We are also procuring a high-tech gem inspection apparatus to […]

MPT partnership talks drag on with foreign firm

Talks between Myanma Posts and Telecommunications (MPT) and Japan’s KDDI continue despite passing an internal deadline, according to insiders. MPT officials told The Myanmar Times previously that an agreement would be announced by the end of May, but now they say there is no firm end in sight. “Both sides want to sign an agreement […]

KDDI to help run MPT operations in Myanmar

State-owned Myanmar Post and Telecommunication (MPT) is set to sign a partnership agreement with Japanese operator KDDI by the end of this month which will see the Japanese firm taking control of MPT’s day-to-day operations. The Myanmar Times quotes Ministry of Communications and Information Technology (MCIT) official U Than Tun Aung as saying: ‘The process […]

MPT to enter agreement with Japan’s KDDI

Myanmar Posts and Telecommunications (MPT) aims to sign a partnership agreement with Japanese mobile services provider KDDI Corporation by the end of the month, according to government officials. KDDI will be the operator of state-owned MPT under the agreement, said U Than Tun Aung, a director from the Ministry’s Posts and Telecommunications Department. “The process […]