Govt allows exports of raw timber produced in private plantations

Raw timber produced from private forest plantations can now be exported, U Zaw Min, deputy director general of the Department of Forestry, said last week. The development comes after the Ministry of Resource and Environmental Conservation in April 2014 suspended the export of raw timber produced from natural forests. There are a total 1.4 million […]

Collier Property Report – NGWE SAUNG HOTEL & RESORT 2017

Mid-scale Hotels Dominated the Market It was not until the easing of sanctions in 2011 that the pristine coastline of Ngwe Saung gained traction from both domestic and foreign travellers. Ngwe Saung remains an attractive holiday spot for most locals, especially families based in Yangon. Demand appears to be positive with year-round hotel occupancy and […]

Are municipalities Myanmar’s champions of reform?

2017 was a difficult year for Myanmar. The rocky peace process and crisis in Rakhine have complicated the government’s effort to put together a reform agenda following five decades of authoritarian rule. In such a challenging context, it is easy for bureaucratic inertia to set in and for people within government to become more risk […]

Uncertainty on the Waterfront

In recent years, downtown Yangon has become a cool place to hang out, its history written on the walls of its picturesque old buildings, its streets filled with hipster cafes and trendy boutiques. Photographers often turn this area into their sets, posing models on trishaws against the backdrop of the Yangon River at sunset. Some […]

MIC Approves Another Offshore Oil and Gas Supply Base

The Myanmar Investment Commission (MIC) has approved an application to build an offshore supply base on Made Island, in Kaukphyu, Rakhine State, by the Myanmar Chemical & Machinery Company, according to an official MIC statement. The base will be developed on 146.7 acres of land in the Made village. The approval was granted after gas […]

FDA Crackdown on Formalin-Laced Food in Yangon

During a surprise check, officials from the Food and Drug Administration discovered several shops in Yangon selling food that contained illegal chemicals. According to the department, a variety of food from tofu, bean cakes, rice noodles contained formalin – a banned substance in food production. The surprise check was carried out on Wednesday night. About […]

DICA: Investment office set for recruitment campaign

In another sign that investment in Myanmar is picking up, the Directorate of Investment and Company Administration plans to expand its workforce by almost 40 percent to cope with its growing workload, an administrative official has told The Myanmar Times. It will also open offices in regional and state capitals, with the first of the […]