Opening ceremony of Can manufacturing Factory joint ventured by Loi Hein Co, Ltd and Toyo Seikan Group Co, Ltd was held at Thilawa industrial zone yesterday morning. Union Minister for Industry U Khin Maung Cho, National League for Democracy (NLD) Central Executive Committee Secretary U Win Htein, Chairman of Loi Hein Co, Ltd Dr Sai […]
Gold industry hopes to see central market in 2017
January 12, 2017 by
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. […]
Myanmar scraps loathed ‘midnight inspections’ law
September 21, 2016 by
YANGON (AFP) – Myanmar is scrapping part of a hated law that forced people to report overnight guests and was used by authorities to barge into houses late at night, often targeting activists. The country’s parliament, now filled with former political prisoners after landmark polls in November, voted to remove the controversial clause on Monday […]
Myanmar’s Radical Buddhist Group Gets Rebuked
July 26, 2016 by
Myanmar’s nationalist Buddhist group known as The Committee for the Protection of Nationality and Religion (Ma Ba Tha) has suddenly found itself losing support from government officials and the online community. First, Yangon Region Chief Minister U Phyo Min Thein boldly declared in public that Ma Ba Tha is “unnecessary and redundant” since there is […]
Gems sales slump for second year running
July 7, 2016 by
Lack of interest from Chinese buyers and a shortage of quality wares again dogged the latest Gems Emporium at Nay Pyi Taw. Ministry of Mines estimates of sales in the high millions of euros appear to be hopeful at best. The 53rd emporium, which ran until yesterday, failed to attract substantial numbers of Chinese merchants, […]
Eumeralla expects mining permit this year
April 13, 2016 by
Australian mining firm Eumeralla Resources expects to receive a permit to explore for tin and tungsten in Kayah State by September of this year – three years after it first applied, the firm announced this week. The company expects the exploration permit to be granted in the second or third quarter of this year, it […]
Ministry of Mines ready for handover
March 21, 2016 by
The Ministry of Mines has set its affairs in order and is ready to serve under the incoming government, director general U Win Htein told The Myanmar Times. All government departments are now preparing to receive the new ministers of the National League for Democracy government that will take over on March 31. At the […]
Australia-based mining company granted three blocks
February 15, 2016 by
Australian PanAust Group has been granted exploration licences for three mining blocks in Myanmar, becoming the first foreign firm to receive the green light after a new mining law was passed last December. A subsidiary of Chinese state-owned Guangdong Rising Assets Management, PanAust will have the right to explore and produce mineral resources in Hel […]
