The Myanma Gems Enterprise raked in nearly MMK 60 billion, or USD 40.1 million, at its week-long jade and gems emporium in Nay Pyi Taw. The annual week-long event allows jade and gem dealers to examine and bid for nearly 4000 lots. This year, more th
The Myanmar government will soon issue a wave of mining permits to foreign investors as it seeks to revitalize the industry. Starting in 2020, foreign firms will be allowed to explore and mine large-sized tracts of 500,000 acres, according to the Mya
Oil, gas and mining watchdog Extractive Industries Transparency Initiative (EITI) said Myanmar needs more transparency and policy reform. In an October 16 report, EITI praised the government for “meaningful progress” in data reporting and