Business The Myanmar Times has the latest news from across Myanmar. Sat, 28 Feb 2015 08:16:32 +0630 en-gb Shelves run dry as retailers pull imported alcohol Retail outlets removed imported liquor from their shelves last week in response to government pressure on importing foreign alcohol, according to industry sources.

]]> (Aye Thidar Kyaw) Business Fri, 27 Feb 2015 15:04:55 +0630
From bustling border town to ghost city Chinshwehaw was once a bustling border town, among the most prosperous crossings in the country. Today it lies almost deserted, abandoned by Chinese business owners and migrant workers fleeing fighting between the Tatmadaw and the Myanmar National Democracy Alliance Army (MNDAA).

]]> (Ye Mon) Business Fri, 27 Feb 2015 05:00:00 +0630
Google email arrives in local language Gmail users will now have the option to run it in Myanmar language, Google announced today.

]]> (Catherine Trautwein) Business Thu, 26 Feb 2015 18:17:57 +0630
Small spike in taxi registrations A publicity campaign by Yangon Supervisory Committee for Motor Vehicles to register taxis has had some effect, though there is a long way to go until the city’s estimated 55,131 taxis are registered, said committee chair U Hla Aung.

]]> (Aye Nyein Win) Business Thu, 26 Feb 2015 15:52:13 +0630
Over 100 firms interested in servicing stock market Over 100 companies have flagged their interest to take part in Myanmar’s first modern stock exchange, according to a senior official from the Myanmar Securities Exchange Centre.

]]> (Ko Ko Aung) Business Thu, 26 Feb 2015 15:50:53 +0630
Anti-money laundering rules coming in April Anti-money laundering rules and regulations are set to be introduced on April 1, one year after the law was initially passed, according to an official involved with the process.

]]> (Aye Thidar Kyaw ) Business Thu, 26 Feb 2015 15:50:11 +0630
Governance challenge strong for YSX listing Strong corporate governance is essential for companies to succeed on the Yangon Stock Exchange when it launches – and local companies have a lot to do to be up for the challenge.

]]> (Catherine Trautwein) Business Thu, 26 Feb 2015 15:47:05 +0630
Enough gas directed to local market – for now

The government does not intend to increase the amount of natural gas allocated to the domestic market this year from the current supply of 300 million cubic feet per day (mmcfd) despite increasing demand, according to an official of the Ministry of Energy.

]]> (Aung Shin) Business Sun, 22 Feb 2015 05:00:00 +0630
Yetagun review as output falls The future of one of the country’s four offshore gas projects will be reviewed this year as production rates have begun declining, according to officials.

]]> (Aung Shin) Business Sun, 22 Feb 2015 05:00:00 +0630
Central Bank slowing down foreign loans Close scrutinising of debt financing draws business ire, though some say caution is necessary given the dangers of hot money and shady dealings

]]> (Jeremy Mullins) Business Sun, 22 Feb 2015 05:00:00 +0630