The number of days that tourists can spend in Bagan’s ancient cultural zone has been reduced from five to three starting this month, said U Kyaw Lwin Oo, director general of the Department of Archaeology and National Museums, on Sunday. “We feel the new number of the days is enough for a trip. Three days […]
Number of days for tourist visits to Bagan cut
July 6, 2018 by Thiha
Filed Under: Latest News Tagged With: a horse cart driver, a tourist guide, Bagan, Bagan ancient cultural zone, Bagan’s ancient cultural zone, Chauk, Department of Archaeology and National Museums, director-general, entrance fee, horse carts, Kyaukpadaung, motorcycle taxis, Poppa, Statistics, U Kyaw Lwin Oo, U Kyaw Soe, U Myint Soe
Central Rubber Market Expected Upon Enactment of Rubber Law in Late 2018
December 27, 2017 by thiha
The drafting of a new Rubber Law, which aims to create a central rubber market and raise the export quality of Myanmar rubber, is close to three quarters complete and will be enacted in late 2018, U Khaing Min, secretary at the Myanmar Rubber Planters and Producers Association (MRPPA), told The Myanmar Times. Myanmar is drafting […]
Filed Under: Latest News Tagged With: Bago Regions, Communications, India, Indonesia, International Tripartite Rubber Council, Kayin States, Livestock, Malaysia, Mon, Mon State Minister for Agriculture, Producers Association MRPPA, Rubber Law, Secretary at the Myanmar Rubber Planters, Taninthayi, Thailand, The Myanmar Times, The New Rubber Law, transportation, U Aung Myo, U Khaing Min, U Myint Soe, U Myo Thant, U Tun Htay, Yangon
Coffee Exports Stimulated by Production and Demand
September 28, 2017 by thiha
Myanmar coffee traders have exported 535 tons of coffee beans this fiscal year, twice as much as the same period the year before, according to statistics from the Ministry of Commerce. Last year, the nation exported 860 tons of coffee generating $1.438 million. In the first five months of the 2017-2018 fiscal year, exports have […]
Filed Under: Latest News Tagged With: Chin State, China, Deputy Secretary of Ministry of Commerce, Kayin State, Lowland coffee, Mandalay Region, Ministry of Commerce, Ministry of Livestock Agriculture and Irrigation, Myanmar Coffee Association, Myanmar’s primary cultivation areas, Secretary of Myanmar Coffee Association, southern Shan State, U Min Hlaing, U Myint Soe, USAID
Effort to get tax exemption to export garment
June 2, 2017 by Thiha
Local garment factories are attempting to export their own branded garments, according to the Myanmar Garment Entrepreneurs Association. Currently, local garment factories export their products with the Cut-Make-Pack (CMP) system. “We are unable to export our products with the Free-On-Board (FOB) system. Currently, we are trying to get tax exemption for the FOB system. “We […]
Filed Under: Latest News Tagged With: China, cotton, Cut-Make-Pack (CMP), factory, FOB, garment, Generalized Scheme of Preferences (GSP), government, Ministry of Commerce, Ministry of Planning and Finance, Myanmar Garment Entrepreneurs Association, nylon, product, South Korea, Tax, the chairman of the Myanmar Garment Entrepreneurs Association, U Myint Soe, us
MGMA backs garment industry to boom when US sanctions are lifted
September 29, 2016 by thiha
Myanmar’s leading garment industry body has been buoyed by the lifting of sanctions it hopes will see a return to the glory days for the sector, when in the early 2000s a majority of country’s garments were shipped to the US. Speaking at a manufacturing trade fair in Yangon yesterday, U Myint Soe, chair of […]
Garment industry expected to earn US$10 billion from export in a decade
August 18, 2016 by thiha
The export value from the garment industry under Cutting-Making and Packing (CMP) system is expected to fetch up to US$10billion in a decade, it is learnt from Myanmar Garment Manufacturers Association (MGMA). “We expect garment industry to be in operation with 1,500 factories in 2025, with a total labour force of one million. To meet […]
Filed Under: Latest News Tagged With: CMP, Customs Department, Cutting Making, MGMA, Myanmar Garment Manufacturers Association, packing, U Myint Soe
KATRI to assist development of Myanmar textile export sector
July 7, 2016 by thiha
No 3 Heavy Industry under the Ministry of Industry will work with Korea Apparel Testing Research Institute (KATRI) to improve Myanmar’s textile sector to enter the international market, according to Dr. Eun Ho Shin, the in-charge of KATRI. The cooperation aims at promoting the textile industry a under three-year-project to effectuate the development of the […]
Filed Under: Latest News Tagged With: China, Cutting Making, Dr. Eun Ho Shin, FOB, Germany, Heavy Industry, KATRI, Korea Apparel Testing Research Institute, Malaysia, Ministry of Industry, Myanmar Garment Entrepreneurs Association, packing, South Korean, Taipei, Turkey, U Myint Soe
Entrepreneurs ask finance minister to reconsider special tax
June 22, 2016 by thiha
Planning and Finance Minister U Kyaw Win received a barrage of requests to cut taxes during a meeting with a group of almost 50 business associations in Yangon earlier this week. The minister met with entrepreneurs at the Union of Myanmar Federation of Chambers of Commerce and Industry, to ask their opinions on economic development and learn […]
Filed Under: Latest News Tagged With: Asian Development Bank, Finance Minister U Kyaw Win, IRD, Jewellery Entrepreneurs Association, Mon State, Myanmar Federation of Chambers of Commerce, Myanmar Garment Manufacturers Association, Myanmar Gems, Myanmar Gold Entrepreneurs Association, U Kyaw Win, U Myint Soe, U Thein Sein, Union Tax Law, Yangon
Garment factory to be auctioned after owner disappears
June 20, 2016 by thiha
A Taiwanese-owned garment factory of dubious legal standing has gone dark after the owner ran away in the midst of financial trouble, according to Yangon labour officials. Patrick Yan, owner of the UniPolar factory in Hlaing Tharyar township, was reported to local authorities by his employees who said he had failed to pay overdue wages […]
Filed Under: Latest News Tagged With: A Taiwanese, Hlaing Tharyar, MGMA, Myanmar Garment Manufacturers Association, Patrick Yan, U Chit Paw, U Kyaw Kyaw Tun, U Myint Soe, UniPolar, Yangon
Myanmar apparel exports may double by 2020
February 1, 2016 by Thiha
Myanmar’s apparel exports are expected to more than double to $4 billion by 2020 owing to the favourable government policies and low labour costs in the country, according to industry insiders. One of the reasons for this is the high wages and relatively higher cost of production in countries like Vietnam, India, China, and South […]
Filed Under: Latest News Tagged With: and Vietnam, Canada, China, entrepreneurs, eu, Exports, Foreign Investment Law, garment industry, India, Industry insiders, Labour Costs, Myanmar Garment Manufacturers Association (MGMA), South Korea, U Myint Soe, us
