Myanmar Times
Credit guarantee insurance not helping small businesses
Credit guarantee insurance was introduced under the former government in 2014 but the system has not been widely adopted by banks and businesses. As a result, financial support for SMEs remains inadequate. So far, CB bank has offered loans to 21 businessmen, KBZ has given ...
Malaysia healthcare, local hospitals ink deal
Three private hospitals and a travel agency have inked a memorandum of understanding with the Malaysia Healthcare Travel Council (MHTC) to promoting healthcare services. The partnership will allow MHTC to improve access to healthcare services in Malaysia for Myanmar citizens, promote its representative office and ...
Betel farmers reap healthy profits this season
According to betel farmers from Shwegu Tesu village in Sagaing Region’s Khin-U township, this season’s prices are helping them reap healthy profits. “We were making profits because prices were good since the start of this season. So farmers didn’t face losses this year compared to ...
Myanmar-China crude oil pipeline to commence next month
After a two-year delay, the Myanmar-China crude oil pipeline is expected to begin operating in May, officials said this week. The respective parties of Myanmar and China were discussing the terms and conditions on the crude oil pipeline operation since its soft opening launched in ...
King Thibaw mausoleum planned in Mandalay
A mausoleum for Myanmar’s last monarch of the Konbaung dynasty King Thibaw is being planned at the Mandalay Palace, a descendant of the late king said. U Soe Win – King Thibaw’s great-grandson – said permission was being sought to build the mausoleum near the ...
Govt to promote sustainable fishing
A sustainable coastal fisheries project aimed at conserving coastal fish resources is being implemented by the Myanmar and Denmark governments, according to Deputy Permanent Secretary of the Ministry of Agriculture, Livestock and Irrigation U Tun Lwin. An agreement was signed in December 2016 between both countries, ...
By-election was smooth, with minor hiccups: observers
The by-election on April 1 proceeded and ended smoothly, although the voter turnout was low and there were minor incidents and misunderstandings. Regional and local election watchdogs that monitored the polls held in 19 constituencies and 22 townships to fill vacant seats in three parliaments, ...
Vendors, beggars banned from pedestrian-only zone
Vendors and beggars will not be allowed on 26th Street to the south of the Mandalay palace moat during the Thingyan festival next month and will face action if they are caught, warned Police Major U Nyein Chan Aung from Mandalay City Development Committee Police ...
High biddings for Thingyan pandal permit auction
Sis permits for the construction of pandals for next month’s Thingyan festival around the Mandalay palace moat were auctioned by Mandalay City Development Committee for a total of over K236 million, with one fetching as high as K54 million, said committee member U Kyaw Zaw ...
British trade mission targets ASEAN integration
The UK Department of Trade is leading a trade mission to Southeast Asia and the delegation will visit Myanmar on March 30 and 31. The trade mission focuses on infrastructure, energy and education. Before coming to Myanmar, the trade mission to Asian Development Bank and ...
