Despite Teething Issues in MFI Sector, Hayman Capital Aims to Double Myanmar Operation in 2017

​​ Singaporian microfinance institution Hayman Capital plans to double the size of its Myanmar operation in 2017 in the wake of last year’s much welcomed regulatory changes to the government’s 2011 microfinance law. In December last year Hayman Capital Co Ltd announced it had passed K4 billion in outstanding loans, growing 129% since April 2016, […]

Imprisoned Protesters Continue to Demand Sagaing Factory Jobs

Workers from Sagaing Region who were arrested after attempting to march to Nay Pyi Taw are continuing to demand their plywood factory jobs back. If their needs are not met, the workers say they plan to protest at the factory gates. On April 29, more than 120 workers set out from the foreign-owned Myanmar Veneer and Plywood […]

Govt Urges Officials to Find Ways to Reduce Impact of Regional Crop Prices on Farmers

Vice President U Henry Van Thio, who leads the Committee for Protection and Promotion of the Interests of Farmers, addressed the Coordination Meeting for Reduction of Impact of Regional Crops Prices yesterday. The vice president said paddy prices in major rice production regions in Myanmar such as Ayeyawaddy Region, Bago Region, Yangon Region, Sagaing Region […]

Fish farmers advocate breeding catfish in tarpaulin lined ponds

in order to mitigate fatalities, crossbred catfish should be farmed in clear, tarpaulin-lined ponds in lieu of the conventional earth-dug ponds, say those in the fish farming industry. Despite a quicker growth rate from the freedom to move around, rendering less time required before the fish are ready for sale, these attributes to breeding catfish […]

Sagaing farmers lack interest in cultivating chemical-free betel

Farmers from Sagaing Region’s Shwebo district have voiced a lack of interest in cultivating betel plants using natural products in lieu of chemicals, despite the absence of dangers to the health of both consumers and growers. Betel plants are grown annually between April-August and take four months before the leaves are ready to be picked […]

Metro Mining Ltd to acquire Mahar San Copper/VMS Project in Myanmar

Metro Mining Ltd’s (ASX:MMI) main focus remains its bauxite assets, with the company now adding some additional exploration interests. Metro has entered into an agreement to acquire an 80% stake in the Mahar San Copper/VMS Project in Myanmar. The project is highly prospective for copper, gold and base metal mineralization in Volcanic Massive Sulphide (VMS) […]

From village to victim, Myanmar women fear foreign maid work ban puts them at risk

The ban on women going abroad to find such employment was initiated in September 2014, following a number of high profile cases of worker abuse. Biak and her older sister Van Hnem left to find work as maids in Singapore with few job opportunities in their remote village in Chin State, the poorest region of Myanmar where 73 per […]

Andaman explores solar in Sagaing

Investment and advisory firm Andaman Capital Partners is working with the Sagaing Region government to find commercial opportunities for solar power, with a view to securing a 450-acre site and generating up to 80 megawatts of electricity. If the project is approved, it would become the third major foreign investment into solar energy in Myanmar. […]

Gold smuggling thrives across Myanmar’s borders

The thriving illegal business in gold across Myanmar’s porous borders is likely to continue unchecked until the government legalises trade of the raw material, said traders and industry sources. Industry bodies have asked the Ministry of Commerce to strike the precious metal from its list of restricted goods, saying this would boost government coffers and […]

Kachin State Authorities Continue Illegal Timber Seizures, Myanmar Official Says

Kachin state government authorities in northern Myanmar seized more than 20,000 metric tons (22,046 U.S. tons) of illegal timber near the country’s border with China over the last five years, a high-ranking forestry official said Thursday. Aung Naing, Kachin state minister of forestry and mines, told RFA’s Myanmar Service that authorities confiscated nearly 10,600 metric […]