Business

New industrial zone to be set up in Chin State

The government is planning to establish an industrial zone in Paletwa Township in Chin State which will help SME development, said Khin Maung Cho, Union Minister for Industry.

Trade volume at Myawady trade camp on the rise

Between April 1 and May 19, the border trade volume at Myawady trade camp on Thai-Myanmar border reached US$98.6 million, up over $14.5 million compared to the same period last year.

Myanmar invites partnerships for transportation projects

China dominates clothing sector

More than US$67 million in foreign investment was put into cut-make-pack clothing factori

Ks15bn spent at homes exhibition

Apartments and 

Thilawa investment exceeds $122m

Foreign direct investment (FDI) in Thi

Civil servants told not to expect raises

According to Deputy Minister Maung Maung Win from the Budget and Planning Department, there are no plans to increase public service salaries.

KBZ sets up remittance card with Thai bank

KBZ Bank has launched a remittance card in partnership with the Thai 

Myanmar to fetch $6m a year from renting land for China pipelines

The Myanmar government will receive US$6 million from the rent of land to China per year now that oil and gas pipelines have been built, Sein Win Aung, chairman of the Myanmar-China Friendship Association, has said.
 
The remarks by Sein Win Aung came during a conference on issuing social responsibility reports held at Sule Shangri-La in Yangon on Thursday.
 

1.2 million foreign travelers visit Myanmar

The number of foreign travelers to Myanmar have arisen by 25 per cent compared to the previous year, a source of Department of Hotel and Tourism said.

The number of foreign travelers to Myanmar has reached 1.24 million as of the end of April 2017. Around 700,000 million foreign travelers entered Myanmar through border gates, plus 490,000 by vehicle and air routes, amounting to 1.24 million, according to Myo Win Nyunt, director of Hotel and Tourism Department.