Business / Trade


Many people thought this would become one of the hottest new markets for American capital a few years ago, when the country began opening to the West after decades of military rule.
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APB-Alliance Brewing Company, part of the Heineken Company, has launched a brand new local beer called Regal Seven, according to a press release issued on August 28.
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Construction work has begun on Thai-Burmese Special Economic Zone (SEZ) in Mae Sot, Tak province, with many additional labourers needed, according to the director of the construction work, Jyirot Puprasut.
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Recently halted after severe flooding that inundated swathes of the country, Burma will resume rice exports as scheduled from mid-September, the country’s rice federation said on Monday.
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Locals from the Parlain Region of Ye Township in Mon State urged the Myanmar Investment Commission (MIC) to halt the Toyo Thai Corp. coal-fired power project planned for near Anndin Village in Ye Township.
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CP Foods condemns, in the strongest possible terms, all aspects of human trafficking and slavery, and we take this opportunity to reassert our strong commitment to human rights and a sustainable supply chain the company said in a statement on 24 August.
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A long-delayed international airport project in Myanmar has been postponed again, by four years this time, because of a delay in securing funds, state media and an official source said on Friday.
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Global stock markets surged Thursday on renewed confidence in the US recovery after days of wild swings, but some observers warned of more turbulence to come over the slowing Chinese economy.
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In the sunlight from the door opening of her bamboo hut, Naw Sodo Shoko shows us pictures of what she does at her job: neatly folded elephants and swans from towels and bed sheets and colourful flower ornaments ready to ornate a fancy dinner table or hotel reception.
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Construction work has begun on Thai-Burmese Special Economic Zone (SEZ) in Mae Sot, Tak province, with many additional labourers needed, according to the director of the construction work, Jyirot Puprasut.
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The Pyidaungsu Hluttaw on August 26 gave the green light to US$305 million in new development loans focused on improving electricity supply, water supply and a major highway.
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Around 90 percent of Myanmar’s oil mills have been forced to suspend business operations due to a chronic lack of peanuts.

Throughout 2014 and 2015, Chinese traders have bought up most of Myanmar’s peanut yield, leaving the domestic market with little in the way of raw materials, said oil millers.
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Fourteen-year-old Ma Ei Mon’s tidy hair and thanaka-daubed face belie her troubled past and confused reality: Barely a teenager, she could be studying at school, but she is already working and living far from home.
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Citing strong figures through the first four months of the fiscal year, Burma’s investment commission says it is confident that foreign investment will not be negatively impacted by the political uncertainty that surrounds a general election due Nov. 8.
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The relocation of five cancelled developments planned near Rangoon’s Shwedagon Pagoda is likely to be finalized by the end of the year, according to the Myanmar Investment Commission (MIC).
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Joint ventures between local and foreign companies will not be permitted to list on the Yangon Stock Exchange at first, according to Dr Maung Maung Thein, chair of the Securities Exchange Commission of Myanmar.
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The last production sharing contract from the 2013 offshore bidding round was signed yesterday in Nay Pyi Taw between Australian firm Tap Oil and the Myanma Oil and Gas Enterprise.
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Myanmar National Airlines has continued its recent modernisation strategy by agreeing to distribute its fares to international travel agents via the Amadeus GDS the Travel Daily website reported on 26 August.
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Cigarette packs sold in Myanmar will shortly carry graphic health warnings, according to a story in The Myanmar Times quoting Health Minister U Than Aung.
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What   is   the   current   state   of   the   telecom   industry   in   Myanmar   for   wholesale   carriers?   Where   do   you   see thegrowth opportunities?
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