Yangon Chief Minister U Phyo Min Thein recently called for the implementation of a gems and jewelry market that can accommodate foreign and local traders.   “Myanmar produces precious stones and jewelry. Hpakant mines, for example, produce jade while Mogok is well-known for its rubies. The country is known for its rich natural resources. But we have failed to...
Eight villages in Yesagyo Township, Magway Region now have access to electricity thanks to a $2.6 million solar power plant funded by the World Bank, Parami Energy Group of Companies and local villagers.   The World Bank provided $1.6 million for the project and the rest of the funding came from Parami Energy and local villages.   Parami Energy, Mega Global Green Automation and the Department of Rural Development jointly implemented the project.   “Children from eight villages in Yesagyo Township will have...
Myanmar has opened a total of 46 compressed national gas (CNG) filling stations, 95 percent of which are in Yangon, according to U Hla Win Htay, general manager of Myanma Oil and Gas Enterprises. “CNG stations in Yangon are selling CNG gas around the clock without any day off,” said...
Japan’s NEC Corp. will implement an airport surveillance radar system at Yangon, Naypyidaw and Mandalay international airports under a 2.3-billion-yen agreement with the Department of Civil Aviation (DCA) to improve the safety and efficiency of Myanmar’s air traffic control services.  NEC Corp. will build the system using JICA’s official development assistance to Myanmar.   Scheduled for completion by...
Keith Bradsher and Isabella Kwai The New York Times Australia’s remarkable prosperity rests on a balancing act. It mines coal, natural gas and iron ore from a vulnerable landscape. It takes ever more money from China while allied with the U.S. military. With devastating wildfires ripping through its countryside, that balance may...
Perry Garfinkel https://www.nytimes.com/2020/01/13/business/airlines-flights-india.html Singapore Airlines added nine weekly flights to India last year, bringing its total to 104. Air France-KLM is increasing its seat capacity on Indian flights by 25 percent this winter. United Airlines has just begun offering nonstop seasonal daily flights from San Francisco to Delhi. And Delta Air...
Leading B2B digital payment service provider Ongo and Myanmar Oriental Bank (MOB) on January 13 announced their latest partnership to enable customers to easily access their bank accounts via Ongo’s mobile app.  Using the integrated services, customers will be able to conveniently and freely move money into their MOB savings accounts, earning an interest, as well as move money into Ongo’s mobile wallet for transactions, according...
The Gems and Jewelry Expo held during January 2-7 at Maniyadanar Jade Hall in Naypyidaw generated K59 billion from sales of nearly 3,500 jade lots and nine gems in kyat. It also earned over K530 million from 25 jade lots offered by the government. The expo showcased over 3,600 jade lots...
All self-help electrification programs in Yangon Region will be canceled, given that the regional government is carrying out its plan to provide electricity access to all villages, according to Yangon Chief Minister U Phyo Min Thein. “Village electrification committees are working for their own influence and power. We found out...
In October of last year, Myanmar Fisheries Federation called for a ban on integrated fish-chicken farming, in which chicken are raised over fish ponds. However, the practice has yet to be terminated. As farmers have been unable to immediately separate fish and chicken sections on their farms, Myanmar Livestock Breeding...