U Khin Maung Han

Myanmar’s First Gold Exchange Center Takes Shape in Yangon

September 6, 2017 by thiha

YANGON — Myanmar will have its first official market for gold, gems and metal trading in its commercial capital Yangon this year, said U Khin Maung Han, chairman of the Myanmar Federation of Mining Association. The trade center will be built in Yangon’s Mingalardon Township near Yangon International Airport, U Khin Maung Han said. The […]

Gold industry hopes to see central market in 2017

January 12, 2017 by thiha

Gold industry figures are hoping this will be the year when plans for a central gold market finally come to fruition, although fundamental decisions about the project have yet to be made. U Kyaw Win, general secretary of Myanmar Gold Entrepreneurs Association, said he hopes to see a Yangon-based central gold market established in 2017. […]

Filed Under: Latest News Tagged With: central bank, Gold Industry, Mayor U Maung Maung Soe, Ministry of Commerce, Ministry of Natural Resources and Environmental Conservation, Myanmar, Myanmar Federation of Mining Association, Myanmar Gold Development Public Company Limited, Myanmar Gold Entrepreneurs Association, Myanmar Times, U Khin Maung Han, U Khin Maung Lwin, U Kyaw Win, U Win Htein, Yangon Region Chief Minister U Phyo Min Thein, YCDC

Myanmar gold exchange to open in 2016

January 12, 2016 by Thiha

Myanmar’s first official market for gold and metal trading will open in Yangon early this year, U Khin Maung Han, vice chair of the Myanmar Federation of Mining Association, told The Myanmar Times. “Myanmar needs an official market for gold and metal,” he said. “Metal products must have fair prices and global-standard qualities. Otherwise, underground […]

Filed Under: Latest News Tagged With: banking system, central bank, Exchange Rate, local trading licenses, Metal products, Mining Law, Ministry of Commerce, Ministry of Home Affairs, Ministry of Mines, Myanmar Federation of Mining Association, Myanmar Gold Entrepreneurs Association, traditional markets, U Khin Maung Han

Myanmar uses int’l gold standard for first time

February 14, 2014 by thiha

Myanmar is inviting world investors to join its gold rush. The southeast Asian country announced Wednesday that for the first time it will use international measurement standards to issue gold bars. Myanmar officials say the change will further open their country’s gold market to the outside world. Myanmar will start selling gold with 99.99 percent […]