Business The Myanmar Times has the latest news from across Myanmar. Sat, 12 Jul 2014 21:27:15 +0630 en-gb British firms invest in power sector British companies have signed deals with local counterparts to invest in the electricity sector during a trip by Myanmar officials to London, according to an embassy announcement last week.

]]> (Aung Shin) Business Thu, 10 Jul 2014 03:15:15 +0630
Resource transparency group accepts Myanmar as candidate Myanmar was approved as an official “Candidate” country with global resource transparency group Extractive Industries Transparency Initiative (EITI) at its board meeting in Mexico on July 2.

]]> (Aung Shin) Business Mon, 07 Jul 2014 02:30:00 +0630
Rare algae farms grow as harvests drop off A rapid drop in spirulina algae harvesting in Sagaing Region has led to plans to double algae farming using brick tanks that function as artificial ponds.



]]> (Kyae Mone Win) Business Mon, 07 Jul 2014 02:30:00 +0630
Trade-ins drive jeep demand

While factories producing Myanmar-made jeeps have mostly closed, demand for the iconic vehicle lives on – propped up in part by a government trade-in program.



]]> (Phyo Wai Kyaw and Hlaing Kyaw Soe ) Business Mon, 07 Jul 2014 01:50:00 +0630
Govt aims to formalise phone imports The vast majority of mobile phones brought into Myanmar – including iPhone or Samsung Galaxy-series handsets – do not follow correct import procedures, say officials.


]]> (Aye Thida Kyaw) Business Mon, 07 Jul 2014 01:30:00 +0630
Flying fish and the land of the rising sun

The possibility of fish products travelling to Japan on All Nippon Airline (ANA) flights is being discussed by fisheries associations, though shipping costs are the largest stumbling block, say officials.



]]> (Myat Noe Oo) Business Mon, 07 Jul 2014 01:30:00 +0630
Door opens to foreign involvement in local hospital joint ventures Foreign investors will be allowed to team up with local partners to finance private hospitals, clinics and laboratories, the Ministry of Health says.

]]> (Shwe Yee Saw Myint) Business Mon, 07 Jul 2014 00:30:00 +0630
Active black market discourages foreign firms, says minister The prominence of the domestic black market continues to discourage prospective foreign investors from entering the country, according to Minister of Commerce U Win Myint.

]]> (Zaw Htike and Nyan Lin Aung) Business Mon, 07 Jul 2014 00:30:00 +0630
Mandalay civil society calls for EU treaty halt A group of 15 civil society organisations (CSOs) based in Mandalay released a statement last week calling for the government to hold off on signing new bilateral investment treaties with the European Union, saying the proposed regulations of the agreement could have a “chilling effect” on policy making.

]]> (Bill O'Toole) Business Mon, 07 Jul 2014 00:30:00 +0630
Expat Finance: The personal protections you should keep in mind Previous articles relating to healthcare, medical insurance, and nightmares and dilemmas have been popular with many readers asking about what could happen and how to protect themselves.

]]> (Andrew Wood) Business Sun, 06 Jul 2014 17:30:00 +0630