Tag: Business

25 May 2026 By Foe Aww Yaw NAYPYIDAW, Myanmar — Myanmar’s military junta leader, Senior General Min Aung Hlaing, has unveiled plans to establish computerized greenhouse networks to boost agricultural exports, a move independent experts have swiftly dismissed as a hollow fantasy due to the country's collapsed electrical grid and ...

1 May 2026 By Ra Wai BANGKOK, Thailand — Justice For Myanmar (JFM) has issued an urgent call for Thai regulators to investigate and block a major investment in a Thai-listed company by a network linked to a notorious Myanmar arms broker. The advocacy group revealed that shareholders of Advanced ...

28 April 2026 By Moe Nya YANGON, Myanmar — Shop.com (Shop App MM), a key component of the global Alibaba Group under Daraz, has announced its permanent exit from the Myanmar market. The move is being seen by economists as a definitive signal of the collapse of foreign direct investment ...

28 April 2026 By Ra Wai MAWLAMYINE, Myanmar — Allegations of high-level corruption have surfaced in Mon State, linking the former junta-appointed Chief Minister, Aung Kyi Thein, and the current Minister for Border and Security Affairs to a lucrative fuel smuggling and distribution monopoly. Insiders within the regional administration claim ...

21 April 2026 By Moe Nya MYAWADDY, Myanmar — Despite the official reopening of export licenses for the Myawaddy border trade, Myanmar’s merchants and truck drivers remain caught in a strategic deadlock, citing severe security risks and the imminent spoilage of agricultural goods. The Myawaddy Border Trade Association recently announced ...

13 April 2026 By Kan Htun MAUNGDAW, Myanmar — Trade between Myanmar’s Rakhine State and neighboring Bangladesh is poised for a potential restart following the traditional Thingyan festival, raising hopes for relief from the severe commodity shortages and sky-high prices currently gripping the region. The focus of the resumption is ...

12 April 2026 By Hlaing KYAUKTAW, Myanmar — Residents in areas controlled by the Arakha Army (AA) in Myanmar’s Rakhine State are facing a severe cash shortage, with mobile money agents charging service fees as high as 6% for simple withdrawals. The crisis has intensified as the traditional Thingyan water ...

By Ko Myo / MPA YANGON, Myanmar — Intercity bus fares in Myanmar have more than doubled in recent weeks, leading to a sharp decline in travel as a worsening fuel crisis grips the nation. At Yangon’s Aung Mingala Highway Bus Terminal, brokers and operators report that ticket prices continue ...

By Hlaing / MPA Yangon, Myanmar – Myanmar is facing a severe fuel crisis as Middle Eastern conflicts and regional border closures force the country into a state of desperate rationing, reminiscent of the "Socialist-era" shortages of decades past. From the commercial hub of Yangon to the military stronghold of ...

Gold prices in Myanmar have surged to record levels for the second time, with the domestic price of high-grade Academy gold climbing past 11 million kyats per tical (approximately 16.3 grams). The price hike, which began on 1 March, saw market rates reach 11 million kyats before jumping further to ...