Since last August 20-year old Chit Su Ma worked as a cashier at the fast-food chain Marry Brown. Though she enjoyed the cooking, cleaning and customer service aspects of the job, she was also impressed by the food delivery riders who came to deliver most of their orders throughout the day. Being more of an […]
Myanmar draws plan to cushion agri sector from COVID-19
Myanmar will draw up a Food Security Master Plan to cushion the agriculture and livestock sector from COVID-19, U Myo Tint Tun, Deputy Permanent Secretary of the Ministry of Agriculture, Livestock and Irrigation (MOALI), told The Myanmar Times. The decision to draft such a plan came after a meeting on the implementation of the government’s […]
GrabFood service to open in Mandalay
GrabFood service will start in Mandalay as part of the company’s expansion, said U Myat Kaung Min, head of GrabFood Myanmar. It proved to be a hit during testing in Yangon in November, he said. “Although food delivery services are increasing in the country, it is still less than in other countries,” U Myat Kaung […]
Myanmar, S’pore ink investment promotion and protection deal
YANGON—Myanmar inked an agreement with Singapore on Tuesday to promote and protect investment between the two countries, paving the way to boost trade relations. As of February, Singapore is Myanmar’s largest source of foreign investment. The city-state has invested more than US$22 billion (33.6 trillion kyats), nearly 30 percent of total foreign investment in Myanmar, […]
A bite of Yangon
From July 5 to July 19, the undergraduate team of the School of Journalism and Information Communication of Huazhong University of Science and Technology went to Mizzima, a famous media group in Myanmar, for a 15-day internship. During the internship period, 10 undergraduate students formed three teams to conduct research in different directions according to […]
FMI terminates investment in Yeni Industrial Town Project
First Myanmar Investment Company (FMI) yesterday announced the termination of its agreement to invest in Asia Golden Glory Development Co, the company involved in developing the Yeni Industrial Town Project. In an announcement filed with the Yangon Stock Exchange, FMI said it had terminated a 2017 agreement for it to acquire a 30 percent stake […]
About 50 pc of tourist trips cancelled, suspended last year
At the instigation of some western media about Rakhine situations, about 50 per cent of tourist trips were cancelled and suspended last year, said Ohn Maung, Union Minister for Hotels and Tourism, at a coordination meeting on tourism development and the smooth operation of tourist entry, exit and visit, in Nay Pyi Taw on June […]
SMEs need more funding, support system to expand further
Efforts to support small and medium enterprises (SMEs) over the past three years have so far not been sufficient to generate meaningful growth for the economy, experts said. While a higher volume of loans were dished out by state-owned and local banks, only a few SMEs have successfully expanded their operations in the past three […]