Furloughed Myanmar workers required to get certificates

Furloughed workers from the cut-make-pack (CMP) industries and factories will need to attend and pass CMP skill courses to obtain certificates, said Minister of Labour, Immigration and Population U Thein Swe. The minister said arrangements will be made to provide training for these workers with leaves of absence due to the current COVID-19 pandemic. A […]

Opportunities available for Myanmar businesses in the next five years

After winning the 2020 general elections, the National League for Democracy (NLD) party will once again lead Myanmar’s new government for the next five years. Despite setbacks from the COVID-19 pandemic, 70 percent of the total number of eligible voters showed up at polling stations to demonstrate their support for the NLD and its administration. […]

Understanding the India-Myanmar Relations

On October 2, 2020, India and Myanmar participated in the 19th round of Foreign Office Consultations. This took place virtually, and new means of cooperation were discovered with India being represented by Foreign Secretary, Harsh Vardhan Shringla and Myanmar being represented by Permanent Secretary, U Soe Han. During the consultations, both sides reviewed the entire […]

Pandemic-induced demand drives rubber price up

The growing demand for rubber products in the global market caused the price to increase up to K900 per pound in the domestic market, market data indicated. The growing demand of rubber gloves during the coronavirus pandemic, shortage of natural rubber, the appreciation of US dollar against Kyat are the reasons of the price rise, […]

20 CNG stations in Yangon close due to falling demand

20 Yangon CNG stations close on September 16 as the sale of CNG declines, according to a representative of the Yangon Region CNG Sales Department. A total of 41 CNG stations currently sell around 19 million cubic feet of gas each day in the city. Given that consumption rates have fallen by around 50 percent, […]