Ministry plans to stabilise fuel oil price

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 […]

Mytel to sell SIM cards in early 2018

With construction of a mobile network now more than 50 per cent completed, Mytel, the fourth telecom operator, is planning to start selling SIM cards in early 2018. Mytel said its objective is to provide the best Internet services at a fair price. The company’s Myanmar headquarters is located in Yangon and it has opened […]

Thilawa SEZ price reductions aimed at property dealers

Plans to significantly reduce the price of land at the Thilawa Special Economic Zone are aimed as property dealers and will not harm to those already doing business. Win Aung, chairperson of the Thilawa SEZ Public Company, has announced plans to reduce land prices in the area by 30 percent to try and attract international […]

Stock standards: papermarkers face international competition

A lack of locally produced high quality paper means printers are heavily dependent on imported stock, dealers say – although strong demand may allow the country to learn from industry leaders like Indonesia over the next few years. With paper consumption high in Myanmar, consumers of imported paper tend to focus more on price than […]