Fishery Workers to Be Sent to Korea

The Ministry of Labour, Immigration and Population considers sending fishery workers to South Korea. The discussions between the ministry and foreign employment agencies started since February and the basic salary will be around US$1,000 per month, according to the ministry. Application forms for the EPS-TOPIK exam had been sold from March 20 to 24 for […]

Prices of Used Cars Soar 70% in a Month, Putting Breaks on Demand

The price of used cars has increased by an average of 70 percent from April to May as the market responds to recent changes to the country’s auto policy, ac­cording to industry ex­perts. The price hike has seen slowing demand for once popular used cars this month as buyers are being priced out of the […]

Dairy Industry Must Increase Productivity to Be Competitive

MYANMAR’S dairy industry will remain uncompetitive if the nation fails to address low productivity of raw milk driven by poor genetics and low production technology, said Dumrong Leenanuruksa, a former vice president of Maejo University in Chiang Mai who carried out comprehensive research on the competitiveness of Greater Mekong Subregion’s dairy industry. “Poor conditions of […]

Special Lanes for ASEAN at Yangon Airport

Yangon International Airport is ready to welcome visitors from ASEAN countries with special lanes dedicated to them. Terminal 1 was opened after extension works which started last year were completed. The three ASEAN lanes in the departure lounge are positioned at the right side of the counter and four counters at the arrival gate are […]

Confusion Over Water Transport Service Implementation Arises

The government has chosen the company which will operate the water bus service on the Hlaing River and Nga Moe Yeik Creek, said Daw Nilar Kyaw, regional minister of electricity, industry and transportation, on May 22 at a regional parliamentary session. The company Tint Tint Myanmar won the tender over its competitor, Daw Nilar Kyaw […]

Rents ‘Surge’ as Retailers Lease Shop Space in Yangon at ‘Unprecedented’ Levels

The retail rental sector in Yangon had an impres­sive run in the first few months of this year as the amount of occupied shop space reached “unprec­edented levels” and rents grew at the fastest rate re­corded to date, real estate analysts have said. Occupancy rates hit 94.6 percent in the first three months of 2017, […]

Homebuyers Must be Transparent When Buying Property, Say Lawyers

Real estate lawyers have urged buyers and sell­ers to stop the practice of lowering the price of their properties on paper agreements to avoid pay­ing tax, saying it could damage the image of the industry. “Lowering prices on payment agreements to avoid tax could have far reaching consequences,” said U San Win Aung, Managing Director […]

Over 90,000 Motorbikes Imported Through Border Trade in April

Myanmar import­ed 95,000 mo­torbikes from China through the Muse border gate, earning the government $30 million in import duty for April, state media has reported. Well-known Chinese motorcycle brands in­cluding Kenbo, Canda, Toyomax and Dayaung are mainly exported to lo­cal markets in Mandalay and other central regions. Demand for bikes is high in rural areas […]

Myanmar’s highest Buddhist authority bars radical nationalist group

Myanmar’s top Buddhist authority banned a hardline monks’ group on Tuesday, raising pressure on extremists after they barred a firebrand monk from public sermons and authorities arrested several Buddhist nationalists. The radical group known by its Burmese initials Ma Ba Tha was declared illegal and “no person or organization” is allowed to use its name, […]

Apartments for Bo Ba Htoo Housing Project Go on Sale

Developers have started construc­tion on the sec­ond phase of the Bo Ba Htoo affordable housing project in Yangon’s North Dagon township, the Yan­gon City Development Committee has said. The project, which the Yangon regional govern­ment hopes will be com­plete in 2018, sits on just under 15 acres of land in North Dagon Township at the […]