Business

Infrastructure cooperation urgently needed in telecom sector

SINCE MYANMAR’S mobile-device penetration has improved from 86.2 per cent last year to 104.62 per cent, cooperation among all stakeholders needs to be intensified, according to the third “Myanmar Infrastructure Summit” held last week. 
 

Foreign-owned telcos turn up the heat

Foreign firms increase their expansion efforts amid keen and rising competition
 
As the nation’s fourth telecom operator – Myanmar National Tele & Communications – prepares for its entry into the market, foreign-owned telcos have intensified their efforts to expand network and services. 
 

Myanmar nationals invested over Ks 1.3bn in agricultural sector last year

Myanmar entrepreneurs invested over Ks 1.3 billion in two projects in the agriculture sector last fiscal year (2016-2017), according to the Directorate of Investment and Companies Administration.

$1.3bn from bean exports

Myanmar has earned more than US$1.3 billion from exporting 

Mining FDI applications dry up

Until the first week of March during this

Thai imports reach $845m

Imports from Thailand reached US$84

Ministry to rent out industrial sites

The Ministry of Construction is planning to hire out plots in industrial zones in Yangon region for US dollars. 

Trade goes down between Myanmar and China

Border trade through Muse cross-border trade center between Myanmar and China has dropped by more than US$ 430 million this fiscal year till now when compared with the last year’s amount, according to official figures from the Ministry of Commerce.

Myanmar trades with China mostly through Muse and the border trade volume through the cross-border trade center has reached US$ 4.71 billion till March 17 this fiscal year.

Samsung unveils much-awaited Galaxy S8

SEOUL (The Korea Herald/ANN) - Samsung's new flagship smartphone Galaxy S8 and S8+ unveiled in New York, people already leave favorable comments on the new phones 

DICA probes foreign investment

he Directorate of