fbpx

Yangon International Gems, Jewellery Fair to be held in Jan

The Second Yangon International Gems and Jewellry Fair will take place at the Lotte Hotel in Yangon from 9 to 12 January. “The Gems and Jewellry Entrepreneurs Association is looking to invite international entrepreneurs, although some American merchants and jewelers have refused to buy Myanmar’s gems and jewellry,” said U Aung Myint, the vice chairman […]

Myanmar continues efforts to generate international demand for local gems

The Second Yangon International Gems and Jewelry Fair is set to take place in Yangon’s Lotte Hotel from January 9 to 13, according to the Gems and Jewellery Entrepreneurs Association The association is organising the event in the hopes of developing the gems and jewellery trade in the country, penetrating international markets, and developing cooperation […]

Fixing the tourism industry

The govt wants to lure tourists back to Myanmar. Will its efforts work? The Myanmar tourism industry has suffered from a big drop in tourists due to the unfolding refugee crisis in northern Rakhine. With the number of visitors from the US and Europe declining sharply over the past year, some tour companies and hoteliers […]

New Yangon City Phase-1 expected to cost over $ 1.5 bln

Infrastructure development of New Yangon City Phase-1 is expected to cost over US$ 1.5 billion, Yangon region Chief Minister Phyo Min Thein said at a press conference on the launch of New Yangon Development Co Ltd (NYDC) at Lotte Hotel in Yangon on March 31. Phyo Min Thein, Yangon region Chief Minister said: “The establishment […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of March & April 2018

Name, Venue & Organizer Date Myanmar Insurance Summit, Sule Shangri-La Yangon, Yangon, Asia Insurance Review 06-07 Mar 2018 MYANMAR INTERNATIONAL EDUCATION & FRANCHISEE FAIR, Gandamar Grand Ballroom, Yangon, Api99 Resources Pte Ltd 10 Mar 2018 Housing and Building,  Tatmadaw Hall, Yangon, Dagon Exhibitions 17-19 Mar 2018 Myanmar Infrastructure Summit, Sule Shangri-La Yangon, Yangon, Confexhub Sdn. […]

Foreign investments to be invited for the upgrade of jetties

Foreign investments will be sought to upgrade jetties along the coast into international-standard ports as additional capacity is needed to supplement the Yangon port, which now handles 90 per cent of sea-based goods transport. “Jetties along the coast are mainly used for handling domestic cargo. They will become international ports when there is an inflow […]

South Korea eyes Myanmar investments in manufacturing, infrastructure

South Korea is eyeing expansion opportunities in manufacturing and infrastructure in Myanmar. At the Myanmar-Korea Investment Promotion Seminar in Yangon on Thursday, a delegation of 13 South Korean countries met with officials from the Ministry of Transport and Communication and Ministry of Electricity and Energy (MOEE), seeking opportunities to invest in the two sectors. “We […]

Jade sales fetch nearly $300 million

Myanmar earned over US$290 million (389.8 billion kyat) from jade exports up to the first week of this month in 2017-2018 fiscal year. Sales were down by over $210 million compared to the same period of last FY, according to the Ministry of Commerce. Last year’s sales for the period were $404, compared to $291 […]