The Union government on Saturday officially announced changes in the ranks of the Myanmar Investment Commission (MIC). According to notification (61/2018), U Thaung Tun, union minster of Ministry of the Office of the Union Government, formerly a member of the MIC, will now be the commission’s chair. Meanwhile, Dr Than Myint, Union Minister of Commerce, […]
Government announces new MIC appointments, U Thaung Tun as new chair
June 28, 2018 by Thiha
Filed Under: Latest News Tagged With: a minister, Central Executive Committee Member, Daw Mya Thuza, Daw Nilar Kyaw, Deputy Minister, DICA, director-general, Directorate of Investment and Company Administration, Dr Aung Tun Thet, Dr. Than Myint, economist and advisor, former deputy director general, international financial standards, international relations, MIC, minister for planning and finance, Ministry of Commerce, Ministry of Electricity and Energy, Ministry of Natural Resources and Environmental Conservation, Ministry of Planning and Finance, Ministry of the Office of the Union Government, Myanmar investment commission, new MIC chair, New Myanmar Investment Law, permanent secretary, Secretary of MIC, Special Economic Zones, U Aung Naing Oo, U Aye Lwin, U Htay Chun, U Htein Lwin, U Khin Maung Yee, U Kyaw Win, U Set Aung, U Thaung Tun, U Toe Aung Myint, U Tun Tun Oo, Union Attorney General, Union Minister of Commerce, union minster, Union of Myanmar Federation of Chambers of Commerce and Industry, Yangon Region Government
Myanmar exports 2m tonnes of oil via pipeline over 4 months
September 25, 2017 by thiha
OVER 2 million tonnes of crude oil has been exported to China through the Myanmar-China pipeline, according to U Toe Aung Myint, permanent secretary of the Ministry of Commerce (MOC). The pipeline connecting Made Island in Rakhine State to Kunming, capital of China’s Yunnan Probince was inaugurated on May 2, 2017. By September 1, the […]
Filed Under: Latest News Tagged With: China, China National Petroleum Corporation (CNPC), Kunming, Myanmar Oil and Gas Enterprise (MOGE), Myanmar-China pipeline, permanent secretary of the Ministry of Commerce (MOC), Rakhine State, South East Asia Crude Oil Pipeline Company (SEAOP), U Toe Aung Myint, Yunnan Province
Myanmar pulses market examined
September 6, 2017 by Thiha
The permanent secretary of the Ministry of Commerce said that several strategies are being explored to restore the stability of Myanmar’s pulses market. The Myanmar pulses market was sent into disarray last month when India, the largest buyer, put severe restrictions on imported pulses in an attempt to protect the price of their own supply […]
Filed Under: Latest News Tagged With: Authorities, bilateral negotiation, chairman, China, co-ordination meeting, contract, crops, Current Price, director-general, Dr. Ye Tin Tun, Embassy of India, eu, export, Farmers, farmers’ rights, foreign countries, foreign markets, global market, Green Gram, high-price products, India, market shares, memorandum of understanding, Ministry of Commerce, MOU, mung beans, Myanmar, Myanmar market, Myanmar pulses and sesame merchants’ federation, Myanmar’s pulses market, private sector, pulse’s prices, supply market, the Middle East, the Ministry of Agriculture- Livestock and Irrigation, The Ministry of Commerce, The permanent secretary, toor whole, U Toe Aung Myint, U Tun Lwin, UMFCCI
Supporting SMEs, Manufacturing Locally and Operating in Underdeveloped Areas Criteria for FDI Approval, Official Says
June 20, 2017 by thiha
A top official from the Ministry of Commerce told an audience of foreign investors and businesses that foreign investments should be able to support SMEs, manufacture products in Myanmar and operate in underdeveloped areas. Those are the criteria upon which the government will approve or reject foreign investment proposals. The government will scrutinise every foreign […]
Burma Signals for Foreign Investment
June 17, 2017 by thiha
NAYPYIDAW — Burma’s businesspeople are expecting foreign investments to help launch their projects after buying thousands of acres across the country to develop industrial zones and large-scale operations, according to the Myanmar Investors Development Association (MIDA). Companies presented their ventures at MIDA’s Myanmar Investment Forum 2017 in Naypyidaw on June 6-7, which attracted mostly Chinese […]
Filed Under: Latest News Tagged With: Bahan, Chairman of the Co Operative Bank, Develop Industrial Zones, East Dagon Township, Economist U Khin Maung Nyo, Hline, Irrawaddy Divisions, Kamayut, Kyauktada, Letpadaung Copper Mine in Sagaing Division, mandalay, Maw Shan Co, Mayangone Townships, MIDA, MIDA Vice Chairman U Hla Myint, Mingalar Taung Nyunt, Myanmar Investors Development Association, Naypyidaw, New City Development Co Ltd, Pegu, Rangoon, Shan State, Tamwe, Tenasserim, The Managing Director of Hanthawaddy Co, U Hla Myint told The Irrawaddy, U Khin Maung Aye, U Sein Win, U Toe Aung Myint
MCB hits upper limit on first day as YSX-listed firm
September 5, 2016 by thiha
Trading on the Yangon Stock Exchange has tailed off in recent months, but Myanmar Citizens Bank’s (MCB) listing late last weekshowed there remains huge appetite for new sources of investment. Demand for shares in the lender – the first bank to list on the country’s new bourse – was around 10 times the volume offered. MCB […]
Filed Under: Latest News Tagged With: MCB, MTSH, Myanmar Citizens Bank, Myanmar Thilawa SEZ Holdings, The Ministry of Commerce, U Toe Aung Myint, U Win Myint, Yangon Stock Exchange, YSX
Four Ministries clarify undertakings in the first 100 days
August 24, 2016 by thiha
Four ministries clarified their undertakings in the first 100 days of the new government to reporters in Nay Pyi Taw. The press conference was held at the Ministry of Information yesterday. Regarding the achievements of the Ministry of Information, Union Minister for Information Dr Pe Myint said the ministry conducted training and workshops for the […]
Filed Under: Latest News Tagged With: Acting Director General U Maung Pe, Alternative Education, Burmese, community centre, Daw Khin Kyi Foundation, Deputy Permanent Secretary U Myo Myint Maung, Director General U Myint Htway, Director-General U Aung Than Oo, Economic Committee, Fully Online Licensing System, Insein District IPRD, Kyemon, Magway Region, Managing Director U Kyaw Soe, Ministry of Education, MInistry of Information, Multi Channel Play, Myanmar Conch Cement Co, Nay Pyi Taw, News and Periodicals Enterprises, PSB, Public Service Broadcasting, Sarpay Beikman Library on Merchant Street, State Counsellor, The Monsoon Season Book Fair, U Ko Ko Lwin, U Toe Aung Myint, Union Minister Dr Myo Thein Gyi, Union Minister for Education Dr Myo Thein Gyi, Union Minister for Information Dr Pe Myint, Vizrt Company
The members of the new Myanmar Investment Commission has been announced
June 8, 2016 by thiha
THE Myanmar Investment Commission (MIC) was reshuffled on Tuesday with the appointment of U Kyaw Win, Union Minister for National Planning and Finance as chairman and U Than Myint, Union Minister for Commerce as vice chairman. The reformed commission includes 11 new members, while U Aung Naing Oo, former Secretary of the MIC, has been […]
Filed Under: Latest News Tagged With: Daw Mya Thu Za, Dr. Than Myint, Myanmar investment commission, panel member, U Aung Naing Oo, U Htay Chun, U Khin Maung Yee, U Kyaw, U Kyaw Win, U Toe Aung Myint, U Tun Tun Naing, U Tun Tun Oo
Ministry halts online exchange
May 19, 2015 by thiha
A Forthcoming commodities exchange has been suspended following a letter from the Ministry of Commerce stating it is not allowed to operate. Myanmar firm MICEx had aimed to bring a commodities exchange online in the next few months, but is now left waiting while it discusses the situation with government authorities. While company officials admit […]
Filed Under: Latest News Tagged With: Ashok Kawalsot, Beans and Sesame Seeds Merchants Association, Department of Trade Promotion, Exchange Commission of Myanmar, Japan, Kedar Sirohi, MICEx, Ministry of Commerce, Ministry of Finance, Ministry of National Planning and Economic Development, MPBSA, Myanmar Convention Centre, Myanmar Paddy Producers Association, Securities and Exchange Commission of Myanmar, SLCM, Sohan Lal Commodity Management, The Myanmar Pulses, The Myanmar Times, U Min Ko Oo, U Sein Win Hlaing, U Toe Aung Myint, Vaishali Sharma, Yangon, Yangon Stock Exchange
Foreign Investors in Myanmar to be Allowed in Trading Activities
August 18, 2014 by thiha
The Ministry of Commerce is planning to remove the ban preventing foreign investors from engaging in trading activities in Myanmar, a senior ministry official said. The plan, which is still in the pipeline, is expected to help the country increase its export volume, particularly in the agriculture sector, U Toe Aung Myint, director general of […]
Filed Under: Latest News Tagged With: export, import, investors, Ministry of Commerce, Myanmar, trading, U Toe Aung Myint
