A plant is currently being constructed in Yesagyo Town of Magway Region to process jaggery powder, and there are plans to export the powder to five markets abroad, said Ko Kaung Sett Naing, the CEO of 555 Shwe Hinthar Co Ltd

NEW businesses including one enterprise in the agriculture sector and two in the livestock and fisheries sector were permitted to bring in investments of US$200 million and K25 billion in early September, said U Thant Sin Lwin, the Director General of the Directorate of Investments and Company Administration

Within one week of touching a high of over K1.3 million pertical (0.578 ounces or, 0.016 kilograms), the price of gold in the domestic market has dropped by K80,000, according to the Yangon Gold Entrepreneurs Association (YGEA).

Myanmar imported 4.9 million tons of fuel oil worth US$2.9 billion over the past 11 months of the current fiscal year, according to the Ministry of Commerce.

FIVE airlines and 12 travel agents have signed up initially, with more expected to join

MORE Chinese airlines are eyeing Myanmar as a lot of foreign companies flock to the Asia’s last frontier market. Myanmar offered visa free entry to Chinese visitors and tourists from some countries in an attempt to boost its tourism industry. Arrival of Chinese tourists to Myanmar is up by more than 30 per cent than previous year thanks to Myanmar’s visa-on-arrival allowance to visitors from six more countries commencing on 1 October last year