Friday, February 12, 2016
The Myanmar Times
The Myanmar Times

Rice farmers need government support: federation

Polices set by the new government will determine the success of Myanmar’s rice industry, which is in dire need of funding, according to the Myanmar Rice Federation.

Continue reading »

Ooredoo raises $300 million from IFC, ADB

Ooredoo Myanmar has raised US$300 million through a loan from the Asian Development Bank and International Finance Corporation, to fund the rollout of its network.

Continue reading »

Thai cement giant tackles Mon coal fears

Siam Cement Group has invited a number of monks to visit its plant in Thailand, as part of the company’s efforts to ease local concerns about a coal-burning plant that will power its new cement factory in Kyaikmaraw, Mon State.

Continue reading »

Coal power central to gov’t energy plans

Myanmar's energy sector will require investment of between US$30 billion and $40 billion over the next 15 to 20 years, and should focus on coal power, according to the government’s Energy Master Plan, published last month.

Continue reading »

MTSH confident about mid-March listing

Myanmar Thilawa SEZ Public, or MTSH, is confident it will be one of the first companies to list on the Yangon Stock Exchange and targets a listing date of mid-March, according to chair U Win Aung.

Continue reading »

Kyat appreciates as imports slow ahead of Chinese New Year

As trade and other businesses wind down in the run-up to the Chinese New Year festival, and sentiment about the political transition improves, the kyat has strengthened in value to a three-month high against the US dollar.

Continue reading »

Mandalay association to build fuel tanks

A new public company formed by members of a Mandalay petroleum association intends to build 34 fuel tanks on the bank of the Ayeyarwady River, to refuel passing ships.

Continue reading »

MIC approves 31 investments in January

The Myanmar Investment Commission approved 31 new local and foreign projects in January, mostly in the real estate and garments sectors, according to figures published by the Directorate of Investment and Company Administration.

Continue reading »

Pun puts corruption at top of NLD-priorities

Stamping out corruption should be one of the new government’s top priorities, said local businessperson Serge Pun at a conference held by the International Finance Corporation in Yangon yesterday.

Continue reading »

Quality certification sought for Myanmar prize mangos

To help boost international exports of Myanmar’s famous sein ta lone (diamond) mangos, the agriculture ministry is preparing farmers for an audit that would demonstrate adherence to international food safety standards.

Continue reading »