Tin Mg Oo/Myanmar Business Today The Ministry of Natural Resources and Environmental Conservation has put on hold the application of Thai-owned company Myanmar Pongpipat to renew its license to operate Heinda Tin Mine in Tanintharyi Region, citing the company’s failure to prevent environmental damages. The Ministry will be closely monitoring...
Zin Thu Tun/Myanmar Business Today An investment forum is slated to be held in Shan State on November 26, organized by Myanmar Investment Commission (MIC) to attract investments into the state. The first such forum for States and Regions to be held this fiscal year, it aims to promote agriculture in...
The Ministry of Social Welfare, Relief and Resettlement has invited senior citizens over 85 years of age to apply for financial assistance.  This program aims to support the well-being and nutrients of senior citizens in the country while enhancing financial security and reducing the vulnerability of their families.  The program will...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Despite the pandemic which has caused disturbances in trade flow, Myanmar foreign trade is in the good shape thanks to the healthy demands for agricultural products, according to the Ministry of Investments and Foreign Economic Relations.  Myanmar started to feel the impact of the COVID-19 earlier this year...
Ei Thandar Tun/Myanmar Business Today Leading Philippine conglomerate Ayala Corporation has invested $237.5 million for a 20 percent stake in Singapore-listed Yoma Strategic Holdings and its affiliated company, Yangon-listed First Myanmar Investment (FMI). Ayala’s acquisition represents one of the largest foreign direct investments into Myanmar and the largest-ever investment into the...
Central Bank of Myanmar has purchased $43 million in October through bidding.  It purchased $3.7 million on October 2, $3.8 million between 5 and 8 October, $7.7 million on October 9, $3.7 million on October 19, $1.85 million on October 20, $3.8 million on October 23, $3.7 million on October...
Businesses need to develop a scaling-up strategy and reskill their workforce in order to succeed in today’s global marketplace, according to speakers at a recent conference titled “Scaling Your Business: Grow-Connect-Leverage Business Success”. Organized by Bangkok-based executive, leadership and innovation education center SEAC (Southeast Asia Center), the November 15 event...