Secretary

COVID-19 restrictions keep express buses off the road

November 13, 2020 by Thiha

Although the government has not prohibited express buses, they face problems due to COVID-19 restrictions, said the Yangon Region Transport Authority (YRTA) on November 1. Express buses are only carrying cargo because the restrictions of the Health and Sports Ministry have been extended to November 30, and because of stay-at-home orders, health certificate requirements, and […]

Filed Under: Latest News Tagged With: Aungmingalar, Buses, COVID-19, Dagonayar, entrepreneurs, express, restrictions, Secretary, terminals, YRTA

Illegal trade takes a heavy toll on country’s economy

October 30, 2018 by Thiha

Smuggling and illegal trade continue to be a major problems for the country’s economy, says the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). According to the Business Sentiment Survey issued by UMFCCI in May, illegal trade stands at sixth among the top 10 issues hampering the country’s economy. The survey was […]

Filed Under: Latest News Tagged With: 2018 Global Illicit Trade Environment Index, Anti-Illicit Trade Forum, Asian Countries, Business Sentiment Survey, China, deputy country manager, Dr Aung Thein, economic development, Economist Intelligence Unit, Illegal Trade, international market research organisation, Minister of Finance and Planning, Ministry of Commerce, Ministry of Commerce Deputy Secretary, Ministry of Planning and Finance, Ms Marie Pegie Cauchois, Myanmar, Myanmar Industries Association Chair, Myanmar Rice Millers' Association, Private Sector Development Committee, Secretary, SME, Thailand, U Aung Kyi Soe, U Khin Maung Lwin, U Nay Lin Zin, U Soe Win, UMFCCI, UMFCCI Secretary, Union Minister, Union of Myanmar Federation of Chambers of Commerce and Industry, United Nations Office on Drugs and Crime, UNODC, Vice President U Myint Swe

Fast-Growing Coffee Sector Looks for Extra Shot of Support From Government

August 1, 2018 by Thiha

YANGON— Myanmar’s coffee market is growing robustly, with the country’s beans attracting increasing interest in international markets as well as locally, industry sources said. U Min Hlaing, secretary of the Myanmar Coffee Association, said demand for Myanmar coffee has surged in the past few years and it is now being exported to more than a […]

Filed Under: Latest News Tagged With: Arabica, Belgium, Canada, Chin states, coffee beans, Coffee Sector, dozen Asian, Indonesia, International Markets, Kachin, Kayah, Laos, Loans, Mandalay Division, Ministry of Agriculture Livestock and Irrigation, Myanmar Coffee Association, Myanmar’s coffee market, New Zealand, Robusta, Secretary, Shan, Technology, the chairman, tourism sector, U Min Hlaing, U Ye Myint, United States, Vietnam, WASHINGTON, Western Countries

Central rubber market to open after legislation

July 30, 2018 by Thiha

A central rubber market will open in 2019 after the new Rubber Law has been enacted, U Khaing Myint, secretary at the Myanmar Rubber Planters and Producers Association (MRPPA), told The Myanmar Times. The drafting is expected to complete by late this year and, as the parliament is unlikely to have lengthy discussions, the bill […]

Filed Under: Latest News Tagged With: bidding company, bill, central rubber market, foreign businesses, intermediary payment, Legal Framework, MRPPA, Myanmar, Myanmar Rubber Planters and Producers Association, Myanmar Times, new Rubber Law, nursery plantation and cultivation, Rubber, rubber market, sales, Secretary, small rubber farms, U Khaing Myint, wholesale market

Chinese demand for Myanmar cotton could surge on trade war with US

July 17, 2018 by Thiha

China, the world’s largest importer of cotton, has been eyeing Myanmar-produced cotton with much greater interest in the wake of its trade war with the US, local cotton growers have told The Myanmar Times. China has imported cotton from the US for the past 10 years. Last month though, US President Donald Trump imposed $50 […]

Filed Under: Latest News Tagged With: agriculture, agriculture imports, Chinese demand, Chinese imports, Cotton Product Merchant and Manufacturers Association, fabrics industry, India, local and Chinese markets, mandalay, mung beans, Myanmar cotton, Myanmar cotton industry, Myanmar Times, Myitthar, National Export Strategy, pre-monsoon cotton yield, Secretary, textile fibre, U Aung Myint, us, US President Donald Trump, Yamethin

Chinese manufacturers eye Myanmar base as trade war escalates

June 28, 2018 by Thiha

Myanmar stands to gain from the ongoing trade spat between China and the US, U Than Aung Kyaw, deputy director general of the Directorate of Investment and Company Administration (DICA), said yesterday. Interest to set up manufacturing and production facilities in Myanmar among the Chinese has risen ever since the US this month imposed a […]

Filed Under: Latest News Tagged With: Beijing, China, Chinese companies, Chinese products, Deputy Director General, DICA, Directorate of Investment and Company Administration, Exports, foreign direct investments, garment manufacturer, Lu Thai Co, Myanmar, Myanmar-Korea Investment Promotion Seminar, Secretary, the US, Thilawa SEZ, Thilawa SEZ Management Committee, Thilawa Special Economic Zone, U Shwe Hein, U Than Aung Kyaw

China suspends rice imports from Myanmar after bank freezes

June 28, 2018 by Thiha

] Chinese merchants have suspended its rice imports from China-Myanmar border after a freeze on bank accounts of merchants, said Than Oo, secretary of Bayintnaung Rice Brokerage Center. “Rice prices remain unchanged as China has suspended rice imports from Myanmar. Rice prices will go up when there are high demands from China. Rice trading is […]

Filed Under: Latest News Tagged With: assistant permanent secretary, Bank accounts, Bayintnaung Rice Brokerage Center, China, China-Myanmar Border, Chinese merchants, Commerce Ministry, frozen bank accounts of traders, joint general-secretary, Khin Maung Lwin, Lu Maw Myint Maung, marine trade, Minimum Support Rice, MOU, MSP, Muse border, Myanmar Rice Federation, Remittance Services, rice imports, rice prices, Secretary, Than Oo, Yunnan province government

Experts object to firms’ plans to mine sand in Tanintharyi Region

June 28, 2018 by Thiha

A local company plans to extract 5 million cubic metres of sand over five years in sensitive coastal areas in Tanintharyi Region without legally-required environmental assessments. Experts warn that the proposed sand mining will be highly damaging to a nearby pearl farm, biodiversity and fisheries and livelihoods of local communities. The issue highlights some of […]

Filed Under: Latest News Tagged With: A Lae Man Island, Aung Thein Hlaing, Bokpyin township, Cambodia, coastal areas, commercial tender process, Directorate of Investment and Company Administration, District General Administration Department, EIA, Environmental Impact Assessment, Fauna & Flora International, FFI, FFI Myanmar Marine Programme Manager, fishery sites, Frank Momberg, frontier economy, Kawthaung District, Kyaw KS Development Trading Co Ltd, Land Reclamation Project, Langgan Marine Protected Area, Malaysia, Marc Goichot, MCRB, mining area, Ministry of Mines/ regional government, Ministry of Natural Resources and Environmental Conservation, Ms Bowman, Myanmar Centre for Responsible Business, Myanmar Environmental Impact Assessment Procedures, Myanmar investment commission, Myanmar Programme Director, Myanmar Times, Myeik Archipelago, New investment law, Ohne Taw Kan Village, regional MP, Robert Howard, sand mining projects, Secretary, Shwe Phone Aung Kyaw Company, singapore, Singapore Delta Gold Pte Ltd, Tanintharyi Region, Tanintharyi Region Government, U Kaung San Oo, U Tin Htun, Union Minister office, Vietnam, Vietnam-based newspaper Tuoi Tre, Yangon Region

Myanmar to construct national water resources committee headquarters with World Bank loan

June 22, 2018 by Thiha

YANGON, June 13 (Xinhua) — Myanmar has borrowed 10 million U.S. dollars’ loan from the World Bank to construct the headquarters of the National Water Resources Committee (NWRC) , the official Global New Light of Myanmar reported Wednesday. Along with the headquarters, a hydro-informatics center will also be built, Dr. Khin Ni Ni Thein, secretary […]

Filed Under: Latest News Tagged With: Ayayawaddy River basin, chairman, Construction Project, Dr. Khin Ni Ni Thein, Global New Light of Myanmar, Headquarters, hydro-informatics center, Japan's Nippon Koei Company, Land Plot, Mayangone Township, National Water Resources Committee, NWRC, Secretary, train water-related experts, U Henry Van Thio, Vice-President, World Bank loan

Myanmar permits full foreign capital investments in education sector

April 27, 2018 by Thiha

The Myanmar Investment Commission (MIC) has permitted foreigners to make full capital investments in private schools in Myanmar, according to Notification 7/2018 issued by the MIC on April 20. This means foreigners will now be able to fully own and operate private schools teaching a curriculum prescribed by the Ministry of Education (MOE) or an […]