The prices of fuel oil remain low in recent days and the price gap between Octane for personal use cars and diesel for trucks has narrowed. The fuel oil prices stood at K2,005 per litre of Octane 92, K2,110 for Octane 95 and K2,385 for diesel...
Read MoreThe Mon State government has designated the locations to construct one new international airport near Kawparan village of Mudon Township and one new international port terminal between Balauk Nyaungwaing and Wekali villages in Mawlamyine District, according to the state government. “During the visit of the SAC...
Read More[caption id="attachment_5164" align="aligncenter" width="840"] The signing ceremony of Mee Lin Gyaing Project in project in 2020. (Photo- Supreme Trading Co.,Ltd)[/caption] Myanmar is proposing to include the Mee Lin Gyaing Project including a LNG power plant and gas pipelines connecting with Yangon with an estimated investment value...
Read Moreuel can now be purchased without limit at the local filling stations but the price of a liter of 92 Ron octane has increased by 50 kyats, according to some customers in Yangon Region. On April 19, domestic fuel prices were Ks1,890 per liter of 92...
Read MoreCentral Bank of Myanmar issued notification dated March 3 on the use of Thai baht and Myanmar kyat for direct payment at Myanmar-Thai border. CB stated that in its effort to facilitate bilateral trade, flow of goods, payment and settlement system and to promote the use...
Read MoreExports of heavy rare earth minerals from Myanmar to China have resumed after a months-long closure of the land border aimed at preventing the spread of Covid-19, China's Global Times reported. This is likely to mean more profits flowing to militia groups in Kachin State that...
Read MoreMyanmar has approved the development of an Integrated Domestic Gas to Power Project involving US$2 billion in investments in Kyaiklat, Ayeyarwady Region. The Ministry of Electricity and Energy granted a Notice to Proceed to Thai national oil company PTTEP for the 592-megawatt project, which will be...
Read MoreConstruction of an expressway connecting the city of Bago and Kyeik Hto township in Mon State is expected to start in fiscal 2022-23, U Aung Myint Oo, Director General of Department of Highways under the Ministry of Construction, told the Myanmar Times. This comes after the...
Read More[caption id="attachment_4754" align="aligncenter" width="840"] A boy looking at toys in small shop in Yangon. Photo - EPA[/caption] Some small and medium-sized enterprises (SME) have started suffering from the effects of coronavirus outbreak, business owners say. “It has already affected the country’s economy very much. Especially, hotels. As...
Read More[caption id="attachment_4744" align="aligncenter" width="840"] The ADB’s logo. Photo - EPA[/caption] U Thaung Tun, Union Minister for Investment and Foreign Economic Relations (MIFER) and Chair of Working Committee to Address the Possible Impacts of COVID-19 on the Country’s Economy had separately met with Gevorg Sargsyan, Acting Country Director...
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