Day: December 16, 2019

Audi showroom set to open in Yangon next year

Audi showroom set to open in Yangon next year

A new entrant into Myanmar’s car market is set to make its presence felt next year.Renowned German luxury carmaker Audi AG will be open its official showroom at a site in front of Inya Lake at the sixth mile of Pyay Road, Yangon.This was announced by Audi Myanmar Operations Director Antoine Jeanson during an event […]

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Pineapple growers call for official export channels to China

Pineapple growers call for official export channels to China

Pineapple growers are asking the government negotiate official exports of the crop to China as soon as possible, a farmers association says.The call comes after pineapple cultivators suffered estimated losses of K700 million (US$458 million) during the previous harvest season when China suddenly banned imports of the fruit from Myanmar, the Myanmar Fruit, Flower and […]

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New microfinance bill submitted for approval

New microfinance bill submitted for approval

A new bill on microfinance has been drafted and proposed in the Pyithu Hluttaw.The bill, which will replace the 2011 Microfinance Institutions Law, was submitted by Daw Khin San Hlaing, an MP from Pale constituency and chair of the Banking and Financial Development Committee on December 10.The bill aims to support people in rural areas, […]

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Government readies Bagan’s airport for international flights

Government readies Bagan’s airport for international flights

The government is preparing Bagan’s Nyaung-U airport to handle international flights, as the authorities hope to welcome tourists from Siem Reap, Cambodia, the Ministry of Hotels and Tourism said.Facilities at the airport are being improved, including the runway, to handle foreign visitors on foreign charter planes, the ministry said. Entries and exits, and toilets will […]

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