Submitted by Eleven on Sun, 03/26/2017 - 15:36
Submitted by Eleven on Sun, 03/26/2017 - 15:31
Kyaw Kyaw Maung, the governor of the Central Bank of Myanmar, says a seventh private bank, the Global Treasure Bank, will grant loans to small- and medium-sized enterprises (SMEs).
The Japan International Cooperation Agency is disbursing 5 billion Japanese yen (Ks62 billion) to private banks via the Myanma Economic Bank.
Submitted by Eleven on Sun, 03/26/2017 - 14:24
The Yangon Region Transport Authority (YRTA
Submitted by Eleven on Sat, 03/25/2017 - 20:06
An international exhibition of Myanmar gems with foreign and domestic companies is being held in Yangon until Monday.
Firms from Thailand, Hong Kong, China, Japan, Vietnam, Germany, the United States, Italy, Israel and India are participating.
The four-day event also has machines for goldsmiths and quality testing for diamonds and gems.
Submitted by Eleven on Sat, 03/25/2017 - 15:33
Submitted by Eleven on Fri, 03/24/2017 - 23:18
The Ministry of Electric Power and Energy expects power consumption across the country to reach 3,500MW during the hot season.
Submitted by Eleven on Fri, 03/24/2017 - 22:34
Foreign insurance companies setting up business in special economic zones must show at least US$1 billion in capital funding, the Insurance Business Supervisory Board has announced.
The IBSB announced criteria for foreign insurance companies to do businesses in special economic zones in Myanmar in mid-March, as it intends to issue licences to firms that meet its requirements.
Submitted by Eleven on Fri, 03/24/2017 - 22:20
The volume of border trade between Myanmar and Thailand has reached more than US$1.24 billion with Myawaddy border trade generating the largest volume, a source at the Ministry of Commerce has said.
Myanmar-Thailand border trade totalled $1.24 billion for the fiscal year from April 1 last year to March 2017.
Submitted by Eleven on Fri, 03/24/2017 - 21:56
The needs of the private sector, such as infrastructure, a financial market, commodity market and electric power, must be fulfilled, Toe Myint Aung, permanent secretary of the Ministry of Commerce has said.
The role of small and medium-sized enterprises must also be promoted so that businesses make progress. Vocational technology and skills must be enhanced, Toe Myint Aung said.
Submitted by Eleven on Fri, 03/24/2017 - 21:50
The Biomass Power Plant that burns rice husks to generate power and reduce carbon dioxide emissions has been opened in Nay Pyi Taw.