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Industry debates tax levels after easing gold trade

Speculation has been rife over the level of duties involved in the import and export of gold since the trade was liberalised last month, allowing gold to move freely in and out of the country via air, sea and border routes. Although the authorities have yet to make any announcements, industry insiders reckon a 15 […]

Myanmar pulses market examined

The permanent secretary of the Ministry of Commerce said that several strategies are being explored to restore the stability of Myanmar’s pulses market. The Myanmar pulses market was sent into disarray last month when India, the largest buyer, put severe restrictions on imported pulses in an attempt to protect the price of their own supply […]

About 170 MW of electricity needed to supply power to industrial zone

Myanmar will need about 170 megawatts of electricity to provide power to industrial zones in the coming summer season, said Minister for Electric Power Khin Maung Soe. The minister added that more than US$ 160 million (Ks 155.83 billion) is required to supply power for projects in industrial zones. In the summer season this year, […]