The Department of Civil Aviation (DCA) will conduct a field study on the construction of Hantharwady International Airport in Bago, according to deputy director U Zaw Min on March 21, during a meeting on crop compensation for farmers living within the vicinity of the project site. The US$1.5 billion project will be fully funded by […]
Myanmar’s organic vegetables make their way to Singapore’s NTUC Fair Price
December 19, 2018 by
Organic vegetables from Myanmar have made it to the shelves of Singapore-based supermarket chain NTUC Fair Price, according to the Myanmar Fruit, Flower, and Vegetable Producers and Exporters Association (MFVP). Myanmar’s vegetables began entering cold storages in Singapore in 2017 and now, their sale has been allowed in the NTUC supermarket chain. During the trial […]
MIC approves investment in new ILBC campuses
July 23, 2018 by
The International Language & Business Center (ILBC) has been permitted to invest $52 million to provide private educational services in Yangon, Mandalay, Nay Pyi Taw, according to the Myanmar Investment Commission (MIC). ILBC is planning to launch the new campuses in April next year. The organisation has already established 30 campuses in 9 major cities […]
Govt allows exports of raw timber produced in private plantations
July 13, 2018 by
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 […]
Ministry plans to stabilise fuel oil price
July 4, 2018 by
In an attempt to control rising fuel oil prices, eight State-owned fuel filling stations will directly sell fuel at a fair price as of July 1, according to the Ministry of Electricity and Energy. Rising fuel prices are coupled with an increase in the global fuel price and currency exchange rates. The ministry will sell […]
New national agriculture strategy to drive growth, if properly implemented
June 19, 2018 by
The Ministry of Agriculture, Livestock and Irrigation (MOALI), with the help of Asia Development Bank (ADB), United Nations Food and Agricultural Organisation (FAO) and Livelihoods and Food Security Trust Fund last Friday launched Myanmar’s Agriculture Development Strategy (ADS) for the next five years. Building on the 2016 Agricultural Development Policy, MOALI, with the support of […]
Myanmar businesses join hands for FDI
May 7, 2018 by
THE MYANMAR Investors Development Association (MIDA), an alliance of large-scale local enterprises, will help the government achieve its economic goals by actively engaging with local and foreign investors, according to its chairman Khin Maung Aye. ”For our country to grow further, we need to create thousands of jobs for our citizens. Job creation entirely depends […]
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