The Ministry of Natural Resources and Environmental Conservation (MONREC) has processed a total of 40 proposals for mineral exploration at large and medium sized mining blocks in Myanmar, its permanent secretary U Min Min Oo said. Feedback on whether any exploration activities will have an environmental or social impact is being sought from the state […]
Read MoreTwo fish processing plants — TT Cold Store Factory and A&N Foods (Myanmar) Co. Ltd — have been granted permits to export fish caught in the wild to the European Union, according to a report by state media. The Fisheries Department, under the Ministry of Agriculture, Livestock, and Irrigation, is working with the fish processors and […]
Read MoreThe construction of a new road and bridge near the existing Goke Hteik railway viaduct in western Shan State will begin this year, the Ministry of Construction has announced. The major infrastructure project along the Mandalay-Muse road, a significant border-trade route, is expected to significantly boost the transportation of goods between China and Myanmar once […]
Read MoreThe new amendments to the law governing the extraction of gemstones in Myanmar are expected to offer relief for the gem industry in Mandalay. Industry insiders interviewed by Myanmar Times said they hope the market in Mandalay will bounce back this year after the Pyidaungsu Hluttaw on December 18 amended the tax rates and restrictions on the […]
Read MoreFastGo, the Vietnam-based ride hailing company, has expanded into Myanmar, making it the first Vietnamese firm in the ride-hailing sector to expand its operations to a foreign market. FastGo plans to introduce its services in big cities in Myanmar and is targeting two million users and 100,000 drivers within its first year of operations. In […]
Read MoreLocal producers were given an opportunity to display their ware at the Made in Myanmar trade fair held over the weekend in Kandawgyi Lake, Yangon. The event was held on January 4-6 with the aim of drawing more attention to local products and for entrepreneurs to gain experience and new ideas. “There are many local […]
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