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Myotha Project Draws Investments of K150B, Developer Eyes IPO

With the Mandalay Myotha Industrial Project having attracted local and foreign investments totaling K150.5 billion so far, officials are now eyeing a public listing in the near future, said U Aung Win Khaing, chair of the project’s developer, Mandalay Myotha Industrial Development Public Co Ltd (MMID). “We are aiming for an Initial Public Offering in […]

Support for Locally-Made Products Needed Amid Influx of Chinese Goods

Almost daily, trucks piled full of China-made goods ply the Muse-Mandalay highway, bound for markets located across the Mandalay Region. They include a dizzying array of products, including food, clothes, tools, vehicles and machinery. Because Chinese goods are cheaper compared to goods manufactured locally, demand from consumers in Mandalay has been on the rise. On […]

Vessels Plying Rivers and Streams in Yangon to be Inspected

Yangon region government is planning to monitor and inspect all vessels running in rivers and streams in the region as quickly as possible, said Nilar Kyaw, regional minister for electricity, industry and transport during a parliament session held on November 20. She replied to a question raised by MP Thein Swe of No.2 Seikkyi Kanaungto […]