Ministry, NGOs cooperating on education reform

At yesterday’s meeting of the Amyotha Hluttaw in Nay Pyi Taw, Deputy Minister for Education U Win Maw Tun said the ministry is conducting educational reform by cooperating with Non-Government Organisations (NGOs) in sectors and sub-sectors. The Deputy Minister was responding to a question by U Mahn Law Moung of Constituency 8 in Chin State […]

Japan Investments Expected to Rise

Japan is one of the biggest contributors to Myanmar and provides humanitarian support, loans at low interest rates, technological support and investments in the Thilawa Special Economic Zone (SEZ). Investment from Japanese companies went up after 2011 and has increased further since the democratic government took administration. The following is an interview with Mr. Hiro […]

Crop insurance to soon be offered

Crop insurance, which is of vital importance in agro-centric Myanmar, will soon be available to farmers who must regularly risk floods and other natural disasters that could potentially wipe out their harvest and their income for the season. A supervision committee on private insurance enterprises announced that private insurance companies established after 2013 will be […]

Traders wish for negotiations with Chinese for blocked bank accounts

Traders want the State to enter into negotiations with the Chinese government over 1,000 bank accounts of Myanmar merchants which are frozen by Chinese banks, merchants said. The Chinese government blocked the bank accounts which are used in transactions in the course of taking actions against illegal importers from Myanmar and Viet Nam. The bank […]

Global economic instability drives the rubber price to decline

Rubber prices in Myanmar have declined due to global economic instability, particularly in durable goods markets and petroleum which are closely linked to rubber said U Khaing Myint, the general secretary of Myanmar Rubber Planters and Producers Association. Since May, a tonne of Myanmar rubber sold for about US$1,400 whereas the rubber price hit US$1,800-2,000 […]

US to lend expertise in shrimp breeding techniques to local producers

Myanmar will collaborate with the U.S. to boost white shrimp production, aiming to penetrate the global market, Dr Sein Maung from the Myanmar Shrimp Association. The U.S. will share not only breeding techniques but systems covering biosecurity, pond management and hygiene as well as conservation of the natural environment, said Dr Jim Wybam, chairman of […]

Seven foreign and local enterprises permitted to invest US$1,435.808 million

Seven foreign and local enterprises have received permission to invest US$1,435.808million, creating 5,533 job opportunities, according to the Myanmar Investment Commission meeting held on 21st January. There were foreign investments of US$1,416.080million and Myanmar Citizen investments of US$19.728million. The foreign investments were from China, Singapore, South Korea, Viet Nam and Samoa, it is learnt. The […]

Tourism industry booming in Mandalay in December

Tourist arrivals have increased in Mandalay due partly to the addition of more Mandalay-Bangkok- Yangon flights and more direct flights between Mandalay and Hong Kong in December. Adding to the burgeoning popularity of central Myanmar is the allowance since September for foreign tourists to enter Myanmar through border entrances with an evisa, available online. Tourists […]

Myanmar Rice Market Encounters Challenges

The Myanmar rice market is being faced with many challenges in its attempt to enter the highly competitive international market. Concerted efforts need to be exerted by all the stakeholders who are engaged in supply chain and the officials concerned to maintain a stable price, to make a profit for those who are participating including […]

Yangon Airport Receives Over 360,000 Passengers a Month

Yangon International Airport currently hosts over 360,000 passengers per month, with 120 flights landing daily, said U Aung Kyaw Tun, the deputy director-general of the Civil Aviation Department. Previously, there were only 40 flights per day that landed at Yangon International Airport. With the added flights to and from all over the world, the Yangon […]