A Myanmar-China joint venture will be building a metal refinery worth US$50 million located in Myanmar’s eastern Kayah State’s capital of Loikaw. The Directorate of Investment and Company Administration (DICA) said in a statement that the joint venture, Global South Industrial Company (GSIC), was granted permission to build the refinery in Loikaw’s industrial zone. DICA […]
Groups and businesses gather in Loikaw for community tourism conference
June 13, 2019 by
Community-based tourism could become an alternative source of income for the communities in Kayah State and beyond, replacing developments which damage the environment. Aiming to bring together tourism businesses and community-based groups, the fourth National Conference on Communities and Tourism will be held in Loikaw, Kayah State from June 6 to June 8. The seminar […]
Rakhine investment fair can pave way for JVs with foreign investors
February 20, 2019 by
The Rakhine State Investment Fair will be held at Ngapali beach in Thandwe, Rakhine Sate for three days from 21 to 23 February. The fair is aimed at generating individual job opportunities, increasing per capita income, regional development and improving the living standard. The following is the interview with Dr Htoo Min Thein, the secretary […]
Balloons Over Bagan soars to new state in Myanmar
January 24, 2019 by
Balloons Over Bagan, under Myanmar-based Memories Group, has launched a new hot-air balloon flight in Kayah State. Hot-air balloon rides in Loikaw take off at sunrise on a daily basis throughout the year and can carry six to eight passengers per flight. Air time lasts one to two hours, and balloons will reach a maximum […]
Kayah State sees rising FDI, interest in agriculture sector
July 16, 2018 by
Investor interest in the agriculture and livestock sector in Kayah State has been on the rise in recent years, Daw May Myo Zaw, secretary of Kayah State Investment Committee, told The Myanmar Times. According to the 2018 Kayah State Investment Opportunities Survey released by the committee, investors had identified the agriculture and product manufacturing for […]
Local company to invest in tourism, logistics in Kayah State’s Hoyar area
June 22, 2018 by
A local company has submitted a proposal to the state government to provide tourism and logistic services in Hoyar area after the Kayah State Investment Forum was held, according to the Kayah State Minister of Natural Resources and Environment U T Yal. Sut Pai Company and government departments are conducting field surveys in the proposed […]
GAP system encouraged for export in Myanmar
June 22, 2018 by
The department of agriculture is implementing growing of vegetables and culinary crops such as rice, beans, pulses and corn using a Good Agricultural Practices (GAP) system in some States and Regions which could help Myanmar’s agricultural industry better access export markets. Coffee grown with the GAP system enters international market successfully. In order to export […]
Mandalay to rethink wheel tax collection
June 5, 2018 by
The Mandalay City Development Committee (MCDC) has announced it will rework the collection of tolls and the wheel tax on vehicles without opening a new tender for the last six months of the 2018-2019 fiscal year. Tolls are one of MCDC’s most lucrative sources of income. Revenue from toll gate collection exceeds K15 billion (US$10.95 […]
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