Organic Poultry Farm Makes Waves in Yangon

Shwe Taung Nyo Gyi farm is making waves in Yangon with its local, organic poultry and natural eggs. The farm, founded in 2017 by friends Zaw Ye Naung and Marn Thu Shein, is certified by the Myanmar Organic Agriculture Group (MOAG). “We are both fathers who wanted to feed healthy, chemical-free foods to our children. […]

Yangon Tyre fends off competition for more growth as demand rises

Yangon Tyre, a homegrown tyre maker, wants to grow its local market share as demand for rubber tyres rises in tandem with various types of vehicles in Myanmar. “As more infrastructure is developed and existing road conditions improve, there will be less need to replace damaged tyres, but the number of vehicles on the roads […]

Illegal trade more rampant than before, govt measures not effective

Government efforts to prevent illegal border trade have not been effective or sufficient and counterfeit goods are still being smuggled into the country. In fact, things are worse than before. “Illegal trade can’t be controlled. Illegal trade is worse than before even though measures were taken to reopen some of the border gates by the […]

Ministry plans to stabilise fuel oil price

In an attempt to control rising fuel oil prices, eight State-owned fuel filling stations will directly sell fuel at a fair price as of July 1, according to the Ministry of Electricity and Energy. Rising fuel prices are coupled with an increase in the global fuel price and currency exchange rates. The ministry will sell […]

Yangon Taxi: A ride of terror for single women at night

Passengers and taxi drivers have everything to gain from stricter rules. It was late at night. She argued about the taxi fare – as we all do. After the ride, the driver raised the price – as they often do. But this time things took a nasty turn. The passenger, a young girl, refused to […]

60 pc of investments in Thilawa SEZ target local market

There are 85 local and foreign investments in Thilawa Special Economic Zone Project, with most of them targetting the local market. Sixty per cent (51 businesses) of the total investments target the local market, 29 per cent (25 businesses) traget the export market, and nine per cent service the distribution sector, according to Thilawa SEZ […]

Ajinomoto spices up Myanmar offensive

TOKYO — Ajinomoto will bring production of seasonings long sold in Thailand to Myanmar, part of a broader push to expand operations into one of Southeast Asia’s most promising consumer markets. The Tokyo-based company aims to reach 10 billion yen ($90 million) in sales in Myanmar in several years. A production line for the Ros […]

Myanmar’s business community must tap cluster potential to compete on global scale

“There are clusters formed by firms in similar sectors. In the Mandalay Region, the Directorate of Industrial Supervision and Inspection formed industrial clusters since 2014 and there are now 111 groups in 15 industrial clusters.” “But the business community in Myanmar is not very interested in this potential,” he said. “Businessmen here prefer to work […]

Yangon Furniture Store Promotes Local Craftsmanship

There is no material preference at Sirboni Furnishings. As the company’s co-founder Ko Lin Tin Htun Ni puts it, “We use metal, bamboo, wood or rattan, based on design requirements and always considering comfort.” The products at his showroom—located in a bamboo garden in Yangon’s Insein Township—are a testament to this: wood combined with leather […]

Gold prices start year off with a bust

The continued devaluation of gold abroad has led to a 14.73 percent drop on the local markets over the past year, shop owners said. The current market price of one tical of 24 karat gold (one tical equals 0.576 ounces) now sits at K648,000 (equivalent to US$1133 an ounce), down from the K760,000 gold sold […]