Hpa-an Industrial Zone attracts only two foreign firms in six years

Only two foreign firms have invested in Hpa-an Industrial Zone in Kayin State between 2010 and 2016, according to the Kayin State Chamber of Commerce and Industry. Those foreign firms from Thailand and Japan are joint-ventures with local entrepreneurs engaged in the garment and wool enterprises, it is learnt. Thai entrepreneurs recently visited the zone, […]

Sales tumble at annual Myanmar gem expo

YANGON — Myanmar’s annual gem emporium took in about €1 billion this year, but fell far short of last year’s record-breaking fair, news reports said Tuesday. The 13-day Myanmar Gems Emporium that ended Monday in the capital Nay Pyi Taw, brought sales worth €949 million from successful auctions of 8,943 lots of jade and 323 […]