Feasibility studies conducted in 4 areas to set up metal industries

Feasibility studies are being undertaken in four regions and states as part of efforts to implement an iron and steel industrial zone, said U Sit Taing Aung, chairman of the Myanmar Steel Association (MSA). Studies for the implementation of the iron and steel industrial zone project are underway in Ayeyawady and Taninthayi regions and Rakhine […]

Myanmar to set standards for steel, iron

Myanmar will soon set standards to ensure the quality of locally produced and imported steel and iron, a senior official said. U Kan Chun, managing director of No.1 Heavy Industries Enterprise under the Ministry of Planning, Finance and Industry, said standards will be published this year for deformed bar, three types of hot-rolled plate and […]

Tough time for Mandalay’s iron smelting businesses

The iron smelting industry using iron scraps is facing challenges to survive, according to the business managers and owners in Mandalay. The industry’s challenges include the lack of technology, capital, skilled labour as well as regional competition – key difficulties shared by small and medium-sized enterprises (SMEs) in other sectors. What iron melting factories in […]

Myanmar’s regulations hinder trade with Vietnam

Hanoi (VNA) – Many Vietnamese firms have shifted their focus to new markets like Myanmar but doing business in the once-isolated nation is not easy, largely due to its poorly-crafted business regulations. Vietnam is one of the first countries to promote trade with Myanmar, said Vu Cuong from the Ministry of Industry and Trade, adding […]

1m acres of mineral depositories suspended

In Myanmar, mineral depositories have been allocated to be used as resource reserves, with a total area of 1,187,492 acres, according to U Khin Maung Yi, permanent secretary of the Ministry of Natural Resources and Environment Conservation, who told reporters during a press conference in Nay Pyi Taw on April 24. According to the permanent […]

Battling for Blood Jade: Inside One of the World’s Most Dangerous Industries

When the earth collapsed, as it does nearly every day in the jade hills of Myanmar, Ye Min Naing was poised on a steep slope of rubble and scree. It was a rainy night six months ago, at the tail end of the monsoons. A truck with wheels the height of a man had just […]