Economy and industry

Most network operators provide high-speed internet service with the speed of 20 Mpbs or more, but they still cannot satisfy demand for associated services such as IPTV, VOD, Video Conference and IP Camera. According to Internet World Stars, the number of internet users in 2017 in ...

Since the government started to collect tax on gold purchases on April 1, orders at workshops and goldsmiths have dropped. Goldsmith Ko Naung Naung from Chan Mya Tharsi township, Mandalay Region, said the downward trend was worrying because in the past, jewellers would make orders ...

Kayin State is giving its farming and livestock stocks a big boost this year, implementing the three main strategies implemented in every region and state, according to the Department of Agriculture. Dr Ye Yint Tun, the department’s director-general, said the first strategy was setting up ...

The Ministry of Construction is going to open the Shwe Nant Thar low-cost housing project, which will give priority to government employees, in Nay Pyi Taw in coming May, according to Permanent Secretary of that ministry U Kyaw Lin at the press conference for one-year ...

Health experts have advised consumers to be extra cautious when purchasing drugs on social media sites such as Facebook. People should check whether the drugs sold on Facebook pages are legal before buying them, U Zaw Zaw Myo Lwin, CEO of Yangon Heartz Media, a local ...

Myanmar Agricultural Development Bank, the only state-owned bank in the agriculture sector, was under the Ministry of Agriculture, Livestock and Irrigation. But from now on, the institution has been relocated to the Ministry of Planning and Finance which will make loan processes more efficient, according ...

There is a slowdown in the paddy market in Nay Pyi Taw, with prices remaining stagnant since late last year. Ko Myo Lin Aung, a paddy stocker from Pyinmana township, said the price was stuck at over K500,000 per 100 baskets. “Some get K520,000 at ...

A total of 26 MPs supported Wai Phyo Han’s proposal concerning the Yangon Bus Service in parliament on April 24. Intending to change Yangon’s notorious bus service, the Yangon Region Government started using the new YBS on January 16. However, on April 16, three months after the ...

The domestic garment industry has faced many challenges in exporting to key markets, such as the European Union and the United States, but it still has a chance of achieving its export target this year, according to experts. First quarter figures appear to support this expectation. ...

Prime Minister Nguyễn Xuân Phúc and his Cambodian counterpart Samdech Techo Hun Sen on April 25 agreed on several measures to strengthen multi-faceted relations between the two countries. PM Hun Sen said he considered the Vietnamese leader’s official visit as having historical significance, with the two ...