Business

Minister discusses truck factory with Suzuki

Minister 

14,000 tonnes of wood set for tender

Myanmar Timber Enterprise plans to call an open tender for about 14,280 tonnes of wood and timber, the tender committee said yesterday.
 
The committee said timber and wood from Yangon, Sagaing, Mandalay, Ayeyawady, Bago, Tanintharyi regions and Shan, Kachin, and Rakhine states will be sold.
 

Work to begin soon on low cost homes near Thilawa SEZ

Low-cost and fair-priced housing will be built on about 130 acres of land near Thilawa Special Economic Zone, the Ministry of Construction has said.
 
The work will start with construction of over 1,700 apartments on 31 acres for the first phase, the ministry said.
 

First Myanmar Investment Company Limited (FMI) has begun the Yoma Central Project that was changed its name from the Landmark Development Project.

The Bogyoke Aung San Road project is to

40,000 tonnes of illegal timber seized since April

More than 46,150 tonnes of illegal timber was confiscated nationwide between April and January, according to the Forestry Department.

January rice exports hit $12m

Myanmar earned more than US$12 million exporting over 40,000 tonnes of rice by sea in January, according to the Ministry of Commerce.

January rice exports hit $12m

Myanmar earned more than US$12 million exporting over 40,000 tonnes of rice by sea in January, according to the Ministry of Commerce.

Labour dept creates 28,000 jobs in January

 

Kirin plans to buy Mandalay Beer

 

Japanese brewer Kirin Holdings is planning to buy Mandalay Beer for an estimated several hundred million yen in its latest effort to boost its presence in the Asia-Oceania region and as a part of enhancing their market position in Myanmar.

Myanmar CMP industry expected to earn US $ 2 billion

Myanmar is expected to earn about US$ 1.855 billion from CMP (cutting, making and packaging) garment industry which includes the manufacturing of shoes, garment and bags, according to Ministry of Commerce.

Export earnings from the garment industry through CMP has more than doubled since last year, according to the Ministry.