Mining permits for some 1000 jade and gemstone blocks across Myanmar will expire this month, according to the Ministry of Natural Resources and Environmental Conservation (MONREC). Half the mines are located in Hpakant and Lone Khin and operated by Myanmar Imperial Jade Company, while a third are in Maw Lu- Maw Han, by Chaow Brothers […]
Read MoreFollowing its substantial growth last year, Grab, a Singapore-based technology firm providing the most popular ride-hailing service in Myanmar, announced on Thursday its plans for expansion in the market, according to Alvin Loh, acting country manager of Grab Myanmar. “We have set the bar high but we are eager to raise it even higher,” he […]
Read MoreAny rise in electricity rates to be announced this year will take into account the needs of ordinary people, Deputy Permanent Secretary of the Ministry of Electricity and Energy (MOEE) U Soe Myint has told The Myanmar Times. “An increase in rates will take place this year, but only after we seek recommendations from all stakeholders […]
Read MoreThe first dry port in Mandalay Region to transport goods by container has opened in Myitnge, Amarapura township, making the movement of products to and from the city easier and cheaper, according to Transport and Communications Minister U Thant Sin Maung. “We have been left behind for 30 years in carrying goods by containers. Only if […]
Read MoreMa Hla Hla Win, a recently laid-off factory worker from Rakhine State, is heavily in debt from having to send funds home to her family despite being jobless for six months. After her former employer, South Korean shoe factory MDM, closed last year, she was forced out of her room in Yangon. “I could no […]
Read MoreRestoring EU tariffs on Indica rice imports from Myanmar will have an impact on the production of only 60,000 to 100,000 tonnes of Indica rice, U Lu Maw Myint Maung, joint secretary of Myanmar Rice Federation, said. Myanmar currently benefits from the EU’s Everything But Arms (EBA) arrangement, part of the bloc’s Generalised Scheme of […]
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