The Myanmar Times
Saturday, 05 September 2015
The Myanmar Times
The Myanmar Times

Muse traders flout rice exports ban

Despite a ban on rice exports as Myanmar struggles to recover from a nationwide flooding disaster, traders are continuing business at the Muse border with China.

Continue reading »

MEPE calls tender for gas-fired power

Myanma Electric Power Enterprise (MEPE) has issued more tenders for independent power producers to build gas-fired power plants in Yangon and Myingyan, according to an official.

Continue reading »

Foreign business not turned off by knock-offs

The evidence is everywhere in Myanmar: at doughnut shops, at a previously Disney-fied liquor stop rechristened “Micky’s” and at tech shops emblazoned with the world-famous Apple logo – not to mention the DVD shops stacked deep with cheap fake movies.

Continue reading »

PTTEP sells 20% of two blocks

A subsidiary of Thailand’s state-owned PTT Exploration and Production has sold a 20-percent stake in two of its Myanmar onshore blocks, according to a company announcement.

Continue reading »

New investment laws in limbo

Two new laws which are vital for promoting business and investment are now unlikely to be enacted during the current government’s term.

Continue reading »

Coal power projects to be delayed

All of Myamar’s planned coal-fired power projects are likely to be delayed beyond the general election, which is set to be held on November 8, according to officials.

Continue reading »

Tax to be levied on stock exchange investments

Commercial tax will be charged on investments on the Yangon Stock Exchange (YSX) – which, when it opens in December, will become Myanmar’s first modern bourse.

Continue reading »

Underground water demand could weaken buildings

Buildings in Yangon may be threatened as high-rise developments draw an unprecedented volume of water from beneath the city, prompting authorities to consider alternative ways to meet increased demand.

Continue reading »

U Wai Phyo talks noodles, creativity and tenacity

U Wai Phyo found himself in charge of the family business in 1999 when he returned to Myanmar. Since then, Yathar Cho Industry’s Yum Yum instant noodles have become one of the country’s best-known brands. He discusses his story with The Myanmar Times.

Continue reading »

Stock exchange to open in December

Yangon Stock Exchange will open in the first week of December, two months after the initial target, deputy finance minister Dr Maung Maung Thein told media on August 29.

Continue reading »