Business / Trade


Myanmar’s Central Bank is hoping to enact regulation in June that will pave the way for a credit bureau to help the country’s banks better assess risk when making loans and loosen strict collateral requirements.
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Protestors from a plywood factory in the Sagaing Industrial Zone resumed their march to Naypyidaw on Thursday, following five days of negotiations in the capital and Wundwin Township, where they rested, with no results.
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About 80 farmers protested in front of the China National Petroleum Corporation (CNPC) office on 2 May to demand the restoration of their farmland, which was ruined by a gas pipeline.
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Residents of Tenasserim Division’s Yebyu Township on Monday presented a letter to the regional government calling on it to mediate in their dispute with Delco Ltd, a Burmese-owned mining company whose tin and tungsten mines have been blamed for causing damage to the environment and local livelihoods in the area.
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Myanmar’s central bank has released additional rules on mobile financial services that lay the foundation for efficient and secure mobile financial services in Myanmar.
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China has consistently demanded its companies operating abroad respect local laws, China’s Foreign Ministry said on Monday after hundreds of villagers in Burma protested against the resumption of operations at a Chinese-backed copper mine.
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The government is launching a review of state-owned economic enterprises to decide which ones should be restructured, a Ministry of Finance official told The Myanmar Times.
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Hundreds of police were deployed yesterday in response to a swelling protest column at the controversial Letpadaung copper mine in Sagaing Region. Villagers are raging at the government for failing to prevent the internationally crticised project from restarting.
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When Myo Arkar returned to his home in Yangon’s North Dagon Township after working through a long, hot day, he opened a cold bottle of purified of water to quench his thirst, but as he drank he sensed a rusty smell and taste, and then noticed brown particles swirling in the bottle.
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Supervision of jade mining in Hpakant is to be stepped up with regular engineering and pollution checks following a visit to the controversial and deadly wasteland by U Ohn Win, Union minister for natural resources and environment.
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A new government-led supervisory committee has released around 14,000 cars that had been held at Myanmar’s borders after an informal ban on vehicle imports was imposed last December.
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More than a month into the new National League for Democracy (NLD) government’s tenure, key pieces of economic policy remain in limbo, leaving both foreign investors and human rights activists uncertain about the future.
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About 200 villagers on Wednesday protested against a Chinese company that will resume production at the controversial Letpadaung copper mine in northwestern Myanmar’s Sagaing region, a villager said.
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The Karen National Union (KNU) has decided to suspend the feasibility study for a cement factory being carried out by the Phyu Min Tun Company near Min Lwin Mountain in Thaton Township, Mon State.
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Myanmar Thilawa SEZ Holdings, the developer of Thilawa Special Economic Zone, is preparing to list on the Myanmar Stock Exchange at the end of May, the second company to go public.
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Over 100 workers from the Myanmar Veneer & Plywood Private Ltd (MVPPL) company on Friday began marching from Sagaing Division to the national capital Naypyidaw in a protest against what they called the company’s unlawful dismissal of fellow employees.
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India’s Tata Motors is hoping to expand its presence in the local market by selling military transport vehicles to Myanmar after securing a similar agreement with the Royal Thai Army, according to a report in Business Insider India.
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Chairman of Myanmar’s Securities Exchange Commission (SECM) for Yangon Stock Exchange (YSX) Dr. Maung Maung Thein submitted a resignation letter to Ministry of Planning and Finance on Thursday, he told Xinhua on Friday.
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More supply and fewer foreign renters have caused rental prices in the high-end expat Yangon property market to fall, according to real estate industry figures – but a lack of data means the extent of the drop is hard to quantify.
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First Myanmar Investment (FMI) has increased its capital contribution to its subsidiary Yoma Bank by almost K9.6 billion, after accepting a loan facility from Bangkok Bank, said a company announcement yesterday.
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