Business The Myanmar Times has the latest news from across Myanmar. http://www.mmtimes.com/index.php/business.html Fri, 30 Jan 2015 20:15:58 +0630 en-gb Banks favour branches over services http://www.mmtimes.com/index.php/business/12883-banks-favour-branches-over-services.html http://www.mmtimes.com/index.php/business/12883-banks-favour-branches-over-services.html

Race for deposits means many financial institutions are spending money on bank branches rather than experimenting with new services.

 

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kyawzaya387@gmail.com (Aye Thida Kyaw) Business Mon, 26 Jan 2015 00:00:00 +0630
Yoma Bank, Indian firm plan warehouse receipt financing http://www.mmtimes.com/index.php/business/12884-yoma-bank-indian-firm-plan-warehouse-receipt-financing.html http://www.mmtimes.com/index.php/business/12884-yoma-bank-indian-firm-plan-warehouse-receipt-financing.html Indian warehouse service provider SLCM has signed a memorandum of understanding with Yoma Bank to start warehouse receipt financing.

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kyawzaya387@gmail.com (Zaw Htike) Business Mon, 26 Jan 2015 00:00:00 +0630
Launch imminent for crude oil pipeline http://www.mmtimes.com/index.php/business/12885-launch-imminent-for-crude-oil-pipeline.html http://www.mmtimes.com/index.php/business/12885-launch-imminent-for-crude-oil-pipeline.html

The crude oil pipeline that is to cross Myanmar from a terminal on the coast of Rakhine State to Yunnan province in China is due to be launched at the end of January, say officials.

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kyawzaya387@gmail.com (Aung Shin) Business Mon, 26 Jan 2015 00:00:00 +0630
Thai trade counts on building better roads http://www.mmtimes.com/index.php/business/12886-thai-trade-counts-on-building-better-roads.html http://www.mmtimes.com/index.php/business/12886-thai-trade-counts-on-building-better-roads.html Thailand expects to boost bilateral trade with Myanmar by 20 percent in the coming year as progress is made on logistics and trade promotion, according to government officials.

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kyawzaya387@gmail.com (Su Phyo Win) Business Mon, 26 Jan 2015 00:00:00 +0630
PTT may suspend M-3 offshore block on oil price tumble http://www.mmtimes.com/index.php/business/12887-ptt-may-suspend-m-3-offshore-block-on-oil-price-tumble.html http://www.mmtimes.com/index.php/business/12887-ptt-may-suspend-m-3-offshore-block-on-oil-price-tumble.html Thailand's state-owned PTT Exploration and Production Public Company has not denied online reports that it may suspend investment in the Myanmar offshore M-3 project if international oil prices continue to languish.

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kyawzaya387@gmail.com (Aung Shin) Business Mon, 26 Jan 2015 00:00:00 +0630
Fashion firm dressed for success http://www.mmtimes.com/index.php/business/12888-fashion-firm-dressed-for-success.html http://www.mmtimes.com/index.php/business/12888-fashion-firm-dressed-for-success.html

Two women entrepreneurs have emerged from an incubation program with seed funding for their ventures, but say it is important that more local women plunge into business.

 

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kyawzaya387@gmail.com (Myat Noe Oo) Business Mon, 26 Jan 2015 00:00:00 +0630
JICA loan to boost telecoms sector http://www.mmtimes.com/index.php/business/12889-jica-loan-to-boost-telecoms-sector.html http://www.mmtimes.com/index.php/business/12889-jica-loan-to-boost-telecoms-sector.html Japan is providing a US$90 million long-term, low-interest loan to upgrade Myanmar’s mobile telecoms, according to deputy communications and IT minister U Thaung Tin.

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kyawzaya387@gmail.com (Pyae Thet Phyo) Business Mon, 26 Jan 2015 00:00:00 +0630
Heavy metal: Tay Za claims uranium find http://www.mmtimes.com/index.php/business/12890-tay-za-claims-uranium-find.html http://www.mmtimes.com/index.php/business/12890-tay-za-claims-uranium-find.html

Tycoon U Tay Za claims to have purchased uranium samples in upper Myanmar, and will return to the area in the future to search for a deposit.

 

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kyawzaya387@gmail.com (Kyaw Phone Kyaw) Business Mon, 26 Jan 2015 00:00:00 +0630
Trade deficit to rise while inflation a concern: Kan Zaw http://www.mmtimes.com/index.php/business/12891-trade-deficit-to-rise-while-inflation-a-concern-kan-zaw.html http://www.mmtimes.com/index.php/business/12891-trade-deficit-to-rise-while-inflation-a-concern-kan-zaw.html The trade deficit will reach K4 trillion (US$3.9 billion) by the end of next financial year, Minister for National Planning and Economic Development U Kan Zaw said last week.

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kyawzaya387@gmail.com (Htoo Thant) Business Mon, 26 Jan 2015 00:00:00 +0630
Trade deficit to rise but inflation the concern http://www.mmtimes.com/index.php/business/12869-trade-deficit-to-rise-but-inflation-the-concern.html http://www.mmtimes.com/index.php/business/12869-trade-deficit-to-rise-but-inflation-the-concern.html The trade deficit will reach K4 trillion (US$3.9 billion) by the end of next financial year, says Minister for National Planning and Economic Development U Kan Zaw.

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kyawzaya387@gmail.com (Htoo Thant) Business Thu, 22 Jan 2015 10:33:17 +0630