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Myanmar energy firm plans $35m investment

DRIVEN by its vision to become an innovative leader in Myanmar’s growing energy sector, locally-owned Parami Energy Group of Companies plans to invest US$35 million (Bt1.15 billion) in its LPG (liquefied petroleum gas) business over the next three years, according to Group CEO Ken Tun, aka Pyae Wa Tun. He told a media roundtable on […]

Ministry of Commerce Eyeing Mango Exports to the EU

European market, which receives 40 percent of the world’s mango exports, are interested to importing mangos from Myanmar. Therefore, the Ministry of Commerce and local traders are working to export mangos to the E.U. on a large scale. Sein Ta Lone mangos from Myat Yadanar Mango Plantation in Southern Shan State were exported to Munich, […]

Residents, Some Lawmakers Oppose Hotel on Former Wildlife Area Near Inle Lake

Lawmakers of Nyaung Shwe Township, southern Shan State, have joined local residents in objecting to the proposed construction of a hotel on 90 acres of prime land in a village in the Inle Lake area. The Inle hotel zone already occupies more than 620 acres of land, and residents and lawmakers urged that there should […]

Ministry of agriculture, livestock and irrigation, Rural electrification program, Request for Bids, Submission Date: 17 September 2018.

Date: 31st July, 2018 Credit No. BMZ-No.: 201567882 Contract: Supply, Installation and Maintenance of Solar PV System for Households and Public Facilities RFB Reference No. ICB-KfW01 1. The Department of Rural Development (DRD), Ministry of Agriculture, Livestock and Irrigation has received financing from the Kreditanstalt für Wiederaufbau (KfW) toward the cost of the Rural Electrification […]

Coffee Exports Stimulated by Production and Demand

Myanmar coffee traders have exported 535 tons of coffee beans this fiscal year, twice as much as the same period the year before, according to statistics from the Ministry of Commerce. Last year, the nation exported 860 tons of coffee generating $1.438 million. In the first five months of the 2017-2018 fiscal year, exports have […]

U Thein Tun picks Bagan as first hotel destination

MYANMAR businessman U Thein Tun extended his hospitality business portfolio to Bagan on September 21. The new hotel under the brand Bagan Star already has 81 rooms up and running. (U Thein Tun also owns Myanmar Consolidated Media, which publishes The Myanmar Times.) “Bagan is very attractive, with a great potential for the tourism industry […]

Quality certification sought for Myanmar prize mangos

To help boost international exports of Myanmar’s famous sein ta lone (diamond) mangos, the agriculture ministry is preparing farmers for an audit that would demonstrate adherence to international food safety standards. Sein ta lone are the most popular variety of mangos for export, mostly grown in Mandalay Region and southern Shan State. The good agricultural […]