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Locals strive to develop other industries in bid to preserve Mogok’s natural resources

While Mogok is known for its mining of precious gems as its main industry, local elders are teaming up with relevant government departments to improve their travel industry in order to reduce damaging the natural environment. Restrictions for international travelers to Mogok were relaxed in September 2018 and nearby villages of Bernard, Panlin, and Kaukpyathat […]

Plans to develop new coastal tourism area in Yangon Region

The Yangon Region government has announced that it is planning to upgrade the Sel Ein Tan coastal area near Letkhokkon Beach in Kungyangon township to become a tourist destination, the region’s tourism officials say. “Some Yangonites are already going to Sel Ein Tan to escape city life and to to eat sea food. While infrastructure […]

US$1 billion smart city project kicks off with agreement

The government through the Ministry of Construction and Bangkok-based Amata Corp pcl signed a framework agreement on August 22 to jointly develop the Smart and Eco City located in East Dagon township, northeast of downtown Yangon. Although termed an industrial zone project, the US$1 billion Smart and Eco City’s first phase of 2,000 acres comprises […]

A Lotus Fabric Business Takes Root on Inle Lake

When Ko Myint Thein Htun went into the family cotton weaving and clothing retail business from the shores of Shan State’s Inle Lake, he did not think he would be doing the same thing some two decades on and helping his village develop along the way. By using some of the same cotton and silk […]

Myanmar, China raise efforts to develop tourism industries

Myanmar and China are taking big steps to develop each other’s tourism industries. China Eastern Airlines yesterday launched Hohhot – Kunming – Yangon flights and will deploy a Boeing 737-800 aircraft with a seat capacity of 184 for the new service.This will operate from Yangon International Airport three times a week on Tuesdays, Thursdays and […]

More investments needed for expansion in food-processing industry

The Myanmar processed food industry needs more investment support in order to develop further, U Aye Win, chair of the Myanmar Food Processors and Exporters Association, told The Myanmar Times. Currently, Myanmar processes basic raw commodities such as rice, beans, maize and other agricultural products. Excess products are exported. However, the country also imports value-added […]

Department Of Rural Development Invites Expression of Interest For Support Services Provider In Ywa Ngan Township; Closing Date: Oct 22nd, 2015

Subscribe to our tender alert mailing list REQUEST FOR EXPRESSION OF INTEREST Ministry of Livestock, Fisheries and Rural Development (MLFRD) Department of Rural Development (DRD) G9174-MYA (JFPR): Enhancing Rural Livelihoods and Incomes Project (ERLIP) Assignment Title: SUPPORT SERVICES PROVIDER (SSP) – YWA NGAN TOWNSHIP (Package No. 7) The Republic of the Union of Myanmar has […]

Myanmar’s Railway site to be revived for tourism

Homegrown Tala Mon Company has been awarded a contract by the local government to develop a museum, hotel, park and other tourist facilities at the Death Railway site in Thanbyuzayat township in Mon state. Min Banyar San, chairman, Tala Mon Company, told TTG Asia e-Daily that the work is expected to begin within the next […]

IMF urges govt to control domestic bank licences

The International Monetary Fund (IMF) has urged Myanmar to control the issuing of banking licences to minimise risks with the pending arrival of foreign banks to the country. The IMF mission chief Matt Davies said on June 17 that the issuance of new domestic licenses must be carefully controlled in order to allow regulation and […]

Draft town plan to stabilise runaway prices: minister

Land speculators could get their fingers burnt if town planning rules prevent the construction of certain types of building on their property, a government minister has warned. U Soe Maung, Union Minister for the State President’s Office, says that city zoning could help stabilise land prices. Yangon land prices have soared since the introduction of […]