Business The Myanmar Times has the latest news from across Myanmar. Fri, 24 Oct 2014 21:52:49 +0630 en-gb Rice brokers stop buying as unsold stockpiles rise A dramatic fall in the volume of rice exports has dragged prices downwards and threatens to drive small farmers off the land, farmers’ advocates have warned.

]]> (Zaw Htike) Business Thu, 23 Oct 2014 16:44:49 +0630
Regulatory sun shining on large solar project The government has greenlit a Thai firm's plan to spend US $350 million building a 220 megawatt solar power generating station.

]]> (Pyae Thet Phyo) Business Wed, 22 Oct 2014 09:03:08 +0630
State energy firms to professionalise, minister pledges The Ministry of Energy is planning to pursue more joint ventures with foreign companies, as senior government officials have urged state-owned enterprises to professionalise or risk being reformed.

]]> (By Htoo Thant) Business Wed, 22 Oct 2014 08:48:04 +0630
Indian trade primed to grow

Obstacles such as frequent border closures need to be overcome if both India and Myanmar are to follow through on plans to grow bilateral commerce.

]]> (Su Phyo Win and Nyein Ei Ei Htwe) Business Mon, 20 Oct 2014 07:00:00 +0630
Onshore block signing delayed An uncertain situation in Pakistan is delaying the signing of agreements governing the last two oil onshore blocks in Myanmar, according to officials.

]]> (Aung Shin) Business Mon, 20 Oct 2014 07:00:00 +0630
KFC targets middle-class future

KFC plans to position its fare as aspirational products when it opens its doors in Myanmar in 2015, as its owner Yum! Brands announced a deal with Singapore-listed, Myanmar-focused Yoma Strategic Holdings to bring its popular chicken to the country.

]]> (Jeremy Mullins) Business Mon, 20 Oct 2014 06:50:00 +0630
Reform in the works for state-owned banks

Prominent state–owned banks must rapidly reform or risk being removed, according to senior government officials.



]]> (Aye Thida Kyaw) Business Mon, 20 Oct 2014 06:30:00 +0630
Paddy price plunge hits farms

Paddy prices have taken a big hit from a recent drop in demand from China, as border officials have strangled the bilateral rice trade by stepping up efforts to prevent illegal imports.


]]> (Zaw Htike) Business Mon, 20 Oct 2014 06:10:00 +0630
Traders step toward a futures market for commodities Beans and pulses traders have begun a pilot program selling futures contracts, as business leaders look to develop a futures market for commodities in the country.

]]> (Zaw Htike) Business Mon, 20 Oct 2014 06:00:00 +0630
Tidied–up trains to draw ads

Myanma Railway is counting on its clean new carriages to draw advertising revenue, though another tender may take some time, according a senior official.

]]> (Aye Nyein Win) Business Mon, 20 Oct 2014 06:00:00 +0630