Submitted by ttwin on Mon, 07/02/2018 - 16:01
Myanmar Rice Federation (MRF) expects to export 2.5 million tons of rice this year, said Ye Min Aung, general secretary of MRF.
Submitted by Eleven on Mon, 07/02/2018 - 12:37
YANGON- The US$22 million upgrade of Angumaw-Maungdaw road by Asia World Foundation has finished up to 33 kilometers, according to the Asia World Foundation.
The Angumaw-Maungdaw concrete road is a crucial contributor towards multiple economic and social sectors. The natural size of the road spans 20 ft in width with a height of 6 inches. The concrete poured above is 18 feet wide and 9 inches high.
Submitted by Eleven on Sun, 07/01/2018 - 11:42
In an attempt to control rising fuel oil prices, eight State-owned fuel filling stations will directly sell fuel at a fair price as of July 1, according to the Ministry of Electricity and Energy.
Rising fuel prices are coupled with an increase in the global fuel price and currency exchange rates. The ministry will sell gasoline produced by Petrochemical Factory (Thapayarkan) under Myanmar Petrochemical Enterprise (MPE), at a fair price, to small vehicles and motorbikes.
Submitted by Eleven on Sun, 07/01/2018 - 11:32
The average inflation rate in late May stood at 4.29 per cent, a slight increase compared with 4.12 per cent in late April, according to the Consumer Price Index (CPI) and Inflation Rate by the Central Statistical Organisation.
Submitted by ttwin on Fri, 06/29/2018 - 16:36
Myanmar loaned over US$1.6 billion from China for three oil and gas projects and has paid back over US$231 million plus interest of over US$418 million, according to a press conference on the r
Submitted by Eleven on Fri, 06/29/2018 - 08:49
Mahar, a new mobile application, offers online viewing of Myanmar movies and videos through their app.
The app, created by Mahar Entertainment and telco giant MPT, offers as low as Ks 99 during the promotion period per video or movie. When the promotion period ends, a customer can expect to cost around Ks 150.
A launching ceremony was held at the Mynamar Movie Association on June 27 where they first official put their product out into the mass market with 4,000 movies and videos watchable with more to be added gradually.
Submitted by ttwin on Tue, 06/26/2018 - 16:18
Myanmar has earned over US$180 million from exporting over 500,000 tons of rice over the past two months, according to Myanmar Rice Federation (MRF).
Submitted by Eleven on Tue, 06/26/2018 - 13:00
Saudi Arabia has not removed its ban on imports of marine products from Myanmar, according to Myanmar Fishery Federation
Since April 1, Saudi Arabia has temporarily suspended import of marine products from Myanmar as virus is found in marine products.
Submitted by Eleven on Tue, 06/26/2018 - 12:57
Myanmar Investment Commission (MIC) will remove unnecessary steps that may hinder smooth operations of businesses in the future, said Aung Naing Oo, secretary of Myanmar Investment Commission at a press conference at the Directorate of Investment and Companies Administration’s (DICA) office in Yangon on June 25.
“The MIC will relax restrictions and make procedures clearer for investors within legal boundaries,” he added.