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Shrinking demand to eclipse supply issues in tin market

LONDON – The tin market is under greater pressure from an economic slowdown and falling demand than supply issues, where lower production from countries such as Myanmar is likely to be offset by a new project in central Africa. Tin prices on the London Metal Exchange at around $18 000 a tonne are down 15% […]

Consolidation expected in banking industry as competition heats up

The Central Bank of Myanmar (CBM) believes that allowing foreign banks into the retail-banking sector will drive consolidation in the local banking industry and make available a larger pool of funds for growth. “Inevitably, foreign banks will win market share from local banks and we see more mergers of local banks in response to a […]

FastGo – The new comer in Myanmar Ride Haling industry is now giving big promotion campaigns

The new player – FastGo from Vietnam was introduced to Myanmar at the end of 2018 together with local partner AsiaSun Group. They’re offering very difference services charge model compare to others. They said they’re now giving free of services charges for all driver from 6 to 12 months to experience their services. After the […]

Illicit export of pigs from Thailand to Myanmar rampant

The swine industry is in a difficult time, given what is happening in the region and the impact those developments caused, an industry leader said. U Zaw Myo Tun, joint secretary from Myanmar Livestock Federation said that China decided to end imports from Vietnam, due to a territory dispute at sea, and Japan stopped the […]

New Fish Market in Tanintharyi Region

Tanintharyi Region in the south of Myanmar will get a fish auction market and a development zone near the mouth of the Dawei river where the economic zone and a deep-sea port projects are under way. Vice President Henry Van Thio yesterday visited the market and economic zone project in Thayetchaung Township south of the […]

Vietnam’s Viettel to launch 4G network in Myanmar

The Military-run telecom group, Viettel is expected to offer the world’s first 4G Only network in Myanmar in the first quarter of 2018, marking its first steps in the country, according to Vietnam.net. The joint venture was granted a licence at the beginning of the year. However, Viettel has pursued the market since 2002. The […]

Myanmar Strategic plans to open up to ten hostels

Hostel and language school operator Myanmar Strategic Holdings Limited (LON:SHWE) is to debut on the London Stock Exchange through a standard listing later this week, industry website proactivestors.co.uk reported on 14 August. The operator of three hostels and an English learning centre in Myanmar, MSH will raise US$4.2mln for further expansion. At the list price […]

Dealers hurt by jade arrests

The dealers of uncut jade pieces in Hpakant Township, Kachin State, say they are hurt by continuous jade arrests. The arrests began this year where the police and army inspect cars and motorcycles at the city gates for uncut jade pieces. The dealers say they have to pay money to recollect the confiscated jade later. […]

Mango Growers Call for More Education on Quality Control in a Bid to Crack International Markets

As potential foreign mango buyers de­scend on Myan­mar to check out the local produce amid a seasonal surge in demand, local growers say more educa­tion on quality control is needed if Myanmar man­goes are to gain a foothold in international markets like Europe. “Foreign delegations are coming to Myanmar to test the quality of My­anmar […]

Agribusiness potential for Cambodia, Mongolia and Myanmar

Double digit GDP growth rates, plenty of farm land and strategically located in Asia. This is why Cambodia, Mongolia, Myanmar are considered emerging markets with huge potential for agribusiness and feed production. Vietnam is considered as one of the fastest growing and most potential Asian countries, as far as livestock numbers and feed production is […]