Mandalay’s Chanmyashwepyi Bus Terminal to be upgraded

MANDALAY City Development Committee plans to improve the Chanmyashwepyi (Kywesekan) Bus Terminal located about 10 km (8 miles) central Mandalay, before the end of this year. The M-development Corporation Myanmar will improve the 14.2-acre bus terminal through the Build, Operate and Transfer (BOT) system. The project will start after an agreement is signed between the […]

Government plans to build new cement plant in Hpa-an

FUNDED by Kayin State government, a cement plant will be established in Hpa-an Township, with plans to produce cement with the use of coal, said Daw Nan Khin Htwe Myint, the state chief minister. This comes from a recent meeting between region authorities and the public, who disagreed to a plan to carry out cement […]

Myanmar hotel prices ‘need to be more competitive’

TOURISM operators in Myanmar have been urged to focus on more competitive prices and reforming products At a seminar entitled “Myanmar Tourism Outlook 2016”, Thet Lwin Toh, chairman of the Union of Myanmar Travel Association and the boss of Myanmar Voyages International Tourism Co, said that hotel, airfare and package tour fees must be competitive. […]

Two years after the government passed a law to set a minimum wage, it still has not come into existence.

The issue has been a source of tension particularly in the garment industry, with a number of strikes so far this year revolving around issues of wages and overtime. Yet experts say it has been a difficult process to put a minimum wage into place, with the topic more complex than it first appears. “We […]

Myanmar an option for Indian textile entrepreneurs

Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since the lifting of economic sanctions by Western nations in 2012, after a gap of 15 years. Today, it employs over 250,000 […]

Chinese firm claims Hpa-an locals support cement factory project

Myanmar Jidong Cement Company, a subsidiary of Chinese multinational giant Tangshan Jidong, one of the world’s largest manufacturers of cement, has countered claims that local communities in Karen State capital Hpa-an are opposed to their building a factory in the area, saying it has the support of the people, and that it intends building the […]