Eleven Myanmar

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Investment commission approves 33 companies in first quarter

daily 18May zyh micMyanmar Investment Commission (MIC) has granted licenses to 33 companies within the first four months the year, whose total investment amounts to US$815 million, report says.

Last Updated on Sunday, 19 May 2013 01:18

Hits: 640

Gold price slumps in Myanmar

Myanmar’s gold price has dropped by about 10,000K to 703,500K (US$756) per tical (0.58 ounce) within just a few days, according to the market reports.

Last Updated on Sunday, 19 May 2013 00:32

Hits: 653

Myanmar hardwoods to be exported to EU only in 2015

Although Myanmar is regularly exporting hardwoods to EU countries, Myanmar can't show the guarantee until 2015 that the hardwoods are legally produced, according to Myanmar timbers businessmen.

Last Updated on Friday, 17 May 2013 23:29

Hits: 537

US Dollar hikes but temporarily, Central Bank says

daily 17 akk 07Myanmar’s exchange rate of US dollar has reached its highest of the year at yesterday’s selling price 937 kyats for a dollar, but the surge is temporary and will soon stabilize, according to the Central Bank of Myanmar.

Last Updated on Friday, 17 May 2013 23:46

Hits: 838

Thai cement imported via Myawady Border

Myanmar consumers have been importing more than 200 metric tons of cement from Thailand through Myawady Border Trade Zone daily, merchants said.

Last Updated on Friday, 17 May 2013 23:24

Hits: 392

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