Japan’s Motor Company Honda is considering to launch Honda Motorcycle officially in Myanmar. Hiroshi Kobayashi, president and chief executive of Asian Honda Motor said, ‘in the future, it’s possible to build a motorcycle plant in Myanmar but we haven’t decided it yet. It depends on the circumstances.’
Myanmar Business, Myanmar Government will begin new exchange rate which equal to black exchange rate, from April 1. Myanmar will start a handled float of its currency, the kyat, from April 1, the central bank mentioned in an official newspaper on Wednesday. Htin Aung, director general of the Ministry of Energy’s Energy Planning Department said, ‘We are now using the [...]
Myanmar Business - Myanmar Official Currency to Compete Black Market - The official government rate is fixed at around just six kyat per dollar, while in stark contrast the rate on the black market stands at about 800 per dollar. With Six Kyat you cannot buy even a candy. People widely ignored official currency exchange rate because it [...]
Myanmar Business News: International Energy Community to Invest In Myanmar , Myanmar is alluring the International Energy Community this week to take part in its most profitable move market, expecting latest governmental changes will create a overflow of overseas investment. According Business Day, G Seelan, MD of the Singapore-based organisers, the Centre for Management Technology says ”We [...]
Joerg Daiber headed to Myanmar and shot from December 2011 to January 2012 in such places as Yangon (Rangoon), Kalaw, Inle Lake, Madaly and Bagan. Daiber told that “Burma was probably one of the most amazing place where I have ever been. It feels like Asia 20 years ago in terms of traditional-ity and I [...]
I can not wait Yangon Subway project to come true. The Myanmar Government will grant foreign companies to build overpass and subway in Myanmar, according to source. Full foreign investment in the proposed project is expected, a high ranking official with the Ministry of Rail Transportation. According to the report, four countries — China, Russia, [...]
Myanmar Jade, also known as Chinese Jade, consists of two varieties, Jadeite is one of them, Nephrite is the other. Jadeite comes in different colors such as lavender jade, green jade, white jade, pink jade and all shades in between, the more translucent it gets the more higher the price. Jade jewellery is very popular among [...]
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