Trade documentation, payments in Myanmar to be completed online

Myanmar will launch an online portal that will enable all paperwork and payments to be done digitally to facilitate trade in November. Administrative procedures such as applications and payments for export and import permits can be done online on the Myanmar Tradenet 2.0 portal, while the documents can also be issued digitally. These procedures had […]

In jungles of Myanmar, sin city looks to a better future

Upon cruising on its wide, well-paved streets, the first question that enters a visitor’s mind is whether the city is still part of Myanmar. Past the lush green mountains where the concrete roads snake through the hinterlands, past what seems like never-ending rice fields, lies the concrete jungle of Mine Lar city, popularly known as […]

Myanmar extends detention of American accused of growing pot

A Myanmar court on Tuesday allowed police to detain an American entrepreneur accused of operating a marijuana plantation for two more weeks while he is investigated. John Frederic Todoroki and two Myanmar co-workers appeared in court in Mandalay region’s Myingyan district for the first time since their April 23 arrests. They could face charges carrying […]

Mandalay city to seize low-cost apartments flipped by owners

The Mandalay City Development Authority will seize apartments that have been resold and re-rented in low-cost housing buildings for squatters, a senior city official has said. U Kyaw San Myint, a member of the authority, said his office is compiling a list of people occupying the buildings on Strand Road west of Mandalay city. City […]

Traders wish for negotiations with Chinese for blocked bank accounts

Traders want the State to enter into negotiations with the Chinese government over 1,000 bank accounts of Myanmar merchants which are frozen by Chinese banks, merchants said. The Chinese government blocked the bank accounts which are used in transactions in the course of taking actions against illegal importers from Myanmar and Viet Nam. The bank […]

Myanmar’s high opium output a huge test for Suu Kyi government: UN

Opium production in Myanmar has stabilized for a third year, the United Nations said on Tuesday, but remained a daunting challenge for the untested government of Nobel laureate Aung San Suu Kyi that takes power in February. Myanmar produced an estimated 647 tons of opium in 2015, second only to Afghanistan, the United Nations Office […]