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Chinese businesses moving into Bagan

Chinese nationals are starting businesses in Bagan, buying or renting hotels and restaurants, since early this year, according to local tourism and restaurant businesses. The proposal to list Bagan as a UNESCO World Heritage Site, which was submitted in 2018, could be one of the reasons for the interest, according to the businesses. Chinese nationals […]

Parami Energy to invest US$25m for LPG distribution

Parami Energy will accelerate the distribution of liquefied petroleum gas (LPG) next year, CEO U Pyi Wa Tun said yesterday. He said in a press conference that starting from December 12, 150,000 Parami LPG cylinders will be distributed in the market and before April 2019, 50pc of the LPG cylinders will be distributed in Yangon […]

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. […]

Myanmar targets plastic waste in growing green movement

This year’s theme for World Environment Day is plastic pollution, a scourge on Myanmar that is more easily seen in its beaches, mountains and cities than its dearth of reliable statistics. But over the past year a string of hopeful environmental initiatives are pushing back against unnecessary waste. One example is Yangon’s “Straws Suck,” an […]

Infrastructure, safety standards needed for LPG industry to take off

The government is now more than half way through its term and time is running out for it to make good on its promise to double Myanmar’s supply of electricity within the next two years. But the government is not without backup plans to help it achieve its goals, one of which is replacing the […]

IRD will reward those who lodge complaints on businesses that fail to pay tax

The government is raising its efforts to collect taxes from commercial enterprises. Last week, the Internal Revenue Department said it will reward those who provide information on establishments that fail to collect commercial taxes, according to state media. Under the law, consumers who buy goods and services in Myanmar are liable to pay commercial taxes. […]

Government strengthens aim of distributing LPG to a million households by 2020

The Ministry of Electricity and Energy (MOEE) is aiming to supply liquefied petroleum gas (LPG) to one million households by 2020, U Win Khine, Minister of the MOEE said at a meeting with companies involved in the import, storage, distribution and marketing of LPG last week. LPG can replace the use of electricity as a […]

CB Bank launches contactless system with Visa, Master

INTERNATIONAL payment service providers Visa and Master have launched a contactless payment system in collaboration with CB Bank. It aims to substitute the current cash payment system in Myanmar, U Zayar Aung, head of cards at CB Bank told The Myanmar Times. The service will allow users to make payments by just touching their debit […]

Myanmar’s tourism industry faces challenges

Myanmar’s tourism industry has experienced a significant decline compared to previous years. To understand the causes for this development the Global New Light of Myanmar interviewed U Thet Lwin Toe, chairman of Myanmar Tourism Entrepreneurs Association. Q: May I know current situation of tourism industry? The country’s tourism sector rose in 2012 like a tsunami. […]

How does mining benefit Myanmar?

Author: Jan Dharmabandu is a mining engineer and a Chartered Environmentalist attached to Perth based Ensys Consultants. This article originally appeared in the Global New Light of Myanmar on 30th May 2017 as “What is & Why Mining: a Perspective from Myanmar”.   Each year about 5 billion tonnes of minerals are mined from the […]