Edible bird’s nest production highest tax generator in Tanintharyi

The list showed that the forestry sector generated the highest level of tax revenues for the government, totaling K964.6 million in 2017-18, which is around half of total tax receipts for the Tanintharyi region government. The edible bird’s nest business contributed the lion’s share of taxes generated in the forestry sector. Edible bird’s nests are […]

Mixed development project near Shwedagon Pagoda makes progress

Y Complex Company, a Japan-led consortium, yesterday held preliminary discussions to conduct the necessary environmental and social assessments required to commence development of a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. The Y Complex Company is led by Japan’s Fujita Corporation, Tokyo Tatemono Co and Japan […]

Myanmar: Timber export earnings well down on previous years

U Khin Maung Kyi, the Deputy Permanent Secretary of Ministry of Natural Resources and Environmental Conservation, has been quoted as saying income from timber exports and domestic trade will exceed the US$90 mil. in fiscal 2017-18 target which ends 31 March 2018. This represents a considerable decline from past years. The value of wood product […]

National Mining Policy Needs Total ‘Rethink,’ Report Finds

CHIANG MAI, Thailand — Myanmar needs a new mineral resources policy and fresh laws developed through a transparent and consultative process if the mining sector is ever to be sustainable, the Myanmar Center for Responsible Business (MCRB) said at the launch of a sector-wide impact assessment (SWIA) report on March 8. The fourth SWIA based […]

Government revokes miner’s permit on failure to pay gold debts

The gold mining permit of National Prosperity Company (NPC), which operates in Moehti Moemi mining district in Yamethin, Mandalay, has been revoked after the miner failed to pay a sum in gold owed to the government, U Thein Soe, deputy permanent secretary from the Ministry of Natural Resources and Environmental Conservation said. NPC entered into […]

Logging to Stop for 10 Years in Bago Yoma Ranges to Rehabilitate Forests

​​ Logging will be stopped for at least 10 years in the Bago Yoma range, which is rich in teak timber, according to director-general of natural resources and the environment Dr Nyi Nyi Kyaw. A 2015 FAO report found that forest coverage had dipped to only 42.92 per cent of the country’s lands, and Myanmar […]

IFC, Australia Back Nationwide Study on Myanmar’s Hydropower

AS MYANMAR needs more electricity to realise its development goals during the first civilian government’s term, two ministries have been holding a series of discussions until the third week of January to finalise the countrywide strategic environmental assessment (SEA) on hydropower potential by March. The series of discussions started with a stakeholder meeting in Myitkyina, […]

Tender No.1/2018 for Cathode Copper. Closing Date: 15 February 2018.

(1) Ministry of Natural Resources and Environmental Conservation, No (1)Mining Enterprise Invites to submit the Cathode Copper( 3000) Tonnes Sale open tender quotation in the United State Dollars. (a) Cathode Copper (1) (1) Lot (100) Tonnes each, 5 Lot Monywa, Minesite (2) (1) Lot (200) Tonnes each, 5 Lot Monywa, Minesite (3) (1) Lot (300) […]

Timber auctions temporarily suspended as illegal trading rises

Auctions for timber rejected by the Myanma Timber Enterprise (MTE), which are conducted by the Forest Department under the Ministry of Natural Resources and Environmental Conservation, have been suspended since December 29, ministry officials confirmed. The auctions, which are typically held across the regions and states, have been temporarily suspended in an attempt to control […]

Licences for over 300 jewellery mining blocks to expire this month

Licences for some 300 jewellery mining blocks in Mogok in Mandalay Region; Lonekhin, Hpakant, Mohnyin and Nantyaseik in Kachin State; and Mongshu in Shan State, will expire this month, according to an announcement made by the Ministry of Natural Resources and Environmental Conservation. The ministry had earlier announced that no licences would be extended or […]