Civil servants told not to expect raises

According to Deputy Minister Maung Maung Win from the Budget and Planning Department, there are no plans to increase public service salaries.

KBZ sets up remittance card with Thai bank

KBZ Bank has launched a remittance card in partnership with the Thai 

Myanmar to fetch $6m a year from renting land for China pipelines

The Myanmar government will receive US$6 million from the rent of land to China per year now that oil and gas pipelines have been built, Sein Win Aung, chairman of the Myanmar-China Friendship Association, has said.
The remarks by Sein Win Aung came during a conference on issuing social responsibility reports held at Sule Shangri-La in Yangon on Thursday.

1.2 million foreign travelers visit Myanmar

The number of foreign travelers to Myanmar have arisen by 25 per cent compared to the previous year, a source of Department of Hotel and Tourism said.

The number of foreign travelers to Myanmar has reached 1.24 million as of the end of April 2017. Around 700,000 million foreign travelers entered Myanmar through border gates, plus 490,000 by vehicle and air routes, amounting to 1.24 million, according to Myo Win Nyunt, director of Hotel and Tourism Department.

Ichitan Group launches T247 energy drink

Myanmar to receive first foreign coaching on communications

AS MYANMAR’S growing economy creates opportunities for communications professionals in a wide range of industries, Rice Communications, a Singaporean public relations agency with presence in the nation, has planned to conduct a free training on PR and communications.

Sonya Madeira, founder and managing partner of Rice Communications, said the agency would introduce a talent programme which will train 20 Myanmar nationals with a keen interest in communications as a career for the first time in the country.

Dairy industry must increase productivity to be competitive

MYANMAR’S dairy industry will remain uncompetitive if the nation fails to address low productivity of raw milk driven by poor genetics and low production technology, said Dumrong Leenanuruksa, a former vice president of Maejo University in Chiang Mai who carried out comprehensive research on the competitiveness of Greater Mekong Subregion’s dairy industry.

Rakhine fishermen protest in boats against Chinese oil tankers

Around 2,000 local fishermen riding 500 motorboats staged a protest on Monday against the increased number of Chinese oil tankers coming to Made Island port in Kyaukphyu Township, Rakhine State.

The protestors took the sea route to march from Japanma jetty to Made Island.

Trade payment via MPU to start June

The trade payment using the Myanmar Payment Union (MPU) system will begin in June in Nay Pyi Taw, Yangon Region, and the Myawady and Muse trade hubs, according to a briefing held at the Federation of Chambers of Commerce and Industry building in Yangon on May 22.

Director-general of the Trade Department under the Ministry of Commerce, Yan Naing Htun, said: “We will extend the MPU to the SEZs [special economic zones], MIC [Myanmar Investment Commission] and border trade hubs.”

Myint & Associates gets the nod for offshore supply base project

Myint & Associates Offshore Supply Base Ltd, a subsidiary of Myint & Associates Co Ltd, said it will invest around Ks 50 billion on the construction of an offshore supply base in Ngaputaw Township, Pathein District in Ayeyarwady Region.