Electric vehicles arrive at Yangon Port
Business news / Business-Local news - Sat, 22-Mar-2025

ELECTRIC vehicles including the Chinese-made Geely Geometry E, have arrived at Yangon Port. Premier Automotive Limited imported these vehicles with the approval of the National Electric Vehicle and Related Industry Development Committee. They have been cleared for release yesterday according to the standard procedures. — MNA/KZL

Source: The Global New Light of Myanmar

ELECTRIC vehicles including the Chinese-made Geely Geometry E, have arrived at Yangon Port. Premier Automotive Limited imported these vehicles with the approval of the National Electric Vehicle and Related Industry Development Committee. They have been cleared for release yesterday according to the standard procedures. — MNA/KZL

Source: The Global New Light of Myanmar

ELECTRIC vehicles including the Chinese-made Geely Geometry E, have arrived at Yangon Port. Premier Automotive Limited imported these vehicles with the approval of the National Electric Vehicle and Related Industry Development Committee. They have been cleared for release yesterday according to the standard procedures. — MNA/KZL

Source: The Global New Light of Myanmar

Italy says Baku Steel submits ‘best offer’ for ex-Ilva plant

A year after ousting ArcelorMittal, Italy moved Thursday to start handing over control of its giant ex-Ilva steelworks — one of Europe’s largest — to Azerbaijan’s Baku Steel.
State commissioners running the plant in the southern city of Taranto asked the government to authorise “preferential negotiations” with a consortium led by Baku Steel and the state-owned Azerbaijan Investment Company.

A year after ousting ArcelorMittal, Italy moved Thursday to start handing over control of its giant ex-Ilva steelworks — one of Europe’s largest — to Azerbaijan’s Baku Steel.
State commissioners running the plant in the southern city of Taranto asked the government to authorise “preferential negotiations” with a consortium led by Baku Steel and the state-owned Azerbaijan Investment Company.
Industry minister Adolfo Urso said it was deemed to have made the “best offer” among three bids, with the others made by India’s Jindal Steel and US holding company Bedrock Industries.
The commissioners said in a statement that the decision was based on factors including the financial viability of the bidders, the “industrial sustainability” of their plans and “benefits in terms of employment and for the local communities”.
The amount of the offer from Baku Steel has not been disclosed, and the commissioners said the talks would be carried out “with the necessary confidentiality”.
Prime Minister Giorgia Meloni’s government placed the plant under state administration in February 2024 in a bid to protect its thousands of employees after it was declared insolvent by a Milan court. — AF

Source: The Global New Light of Myanmar

A year after ousting ArcelorMittal, Italy moved Thursday to start handing over control of its giant ex-Ilva steelworks — one of Europe’s largest — to Azerbaijan’s Baku Steel.
State commissioners running the plant in the southern city of Taranto asked the government to authorise “preferential negotiations” with a consortium led by Baku Steel and the state-owned Azerbaijan Investment Company.
Industry minister Adolfo Urso said it was deemed to have made the “best offer” among three bids, with the others made by India’s Jindal Steel and US holding company Bedrock Industries.
The commissioners said in a statement that the decision was based on factors including the financial viability of the bidders, the “industrial sustainability” of their plans and “benefits in terms of employment and for the local communities”.
The amount of the offer from Baku Steel has not been disclosed, and the commissioners said the talks would be carried out “with the necessary confidentiality”.
Prime Minister Giorgia Meloni’s government placed the plant under state administration in February 2024 in a bid to protect its thousands of employees after it was declared insolvent by a Milan court. — AF

Source: The Global New Light of Myanmar

Pyapon Township sells 77,000 viss of Platu fish to Yangon market in February
Business news / Business-Local news - Fri, 21-Mar-2025

Pyapon March 20
Daw Moe Myint, a seafood trading business owner in Pyapon Township, Ayeyawady Region, stated that up to 77,000 viss of Platu
fish were sold to the Yangon market in February.
Platu fish, naturally caught in Pyapon Township, continue to be supplied to the Yangon market. In January, only 55,000 viss of Platu fish were sold, compared to 77,000 viss in February.

Pyapon March 20
Daw Moe Myint, a seafood trading business owner in Pyapon Township, Ayeyawady Region, stated that up to 77,000 viss of Platu
fish were sold to the Yangon market in February.
Platu fish, naturally caught in Pyapon Township, continue to be supplied to the Yangon market. In January, only 55,000 viss of Platu fish were sold, compared to 77,000 viss in February.
“In the past month alone, there has been significant demand for Platu fish in the domestic market. Compared to previous months, we have been able to export and sell larger quantities. In addition to prawns and crabs, Platu fish are being transported and sold. Pyapon Township primarily exports Platu fish to the Yangon market.
With increased trade activity, fishermen and traders are experiencing better job opportunities,” said Daw Moe Myint.
Platu fish sold from Pyapon Township to the Yangon market fetched K17,500 per viss. Seafood traders not only deal in Platu fish but also purchase various types of fish, prawns, and crabs, which are properly processed, processed, and packaged before being exported and sold in Yangon. 

Kyaw Kyaw Lin

Source: Yadanarbon Newspaper

Pyapon March 20
Daw Moe Myint, a seafood trading business owner in Pyapon Township, Ayeyawady Region, stated that up to 77,000 viss of Platu
fish were sold to the Yangon market in February.
Platu fish, naturally caught in Pyapon Township, continue to be supplied to the Yangon market. In January, only 55,000 viss of Platu fish were sold, compared to 77,000 viss in February.
“In the past month alone, there has been significant demand for Platu fish in the domestic market. Compared to previous months, we have been able to export and sell larger quantities. In addition to prawns and crabs, Platu fish are being transported and sold. Pyapon Township primarily exports Platu fish to the Yangon market.
With increased trade activity, fishermen and traders are experiencing better job opportunities,” said Daw Moe Myint.
Platu fish sold from Pyapon Township to the Yangon market fetched K17,500 per viss. Seafood traders not only deal in Platu fish but also purchase various types of fish, prawns, and crabs, which are properly processed, processed, and packaged before being exported and sold in Yangon. 

Kyaw Kyaw Lin

Source: Yadanarbon Newspaper

Bamboo worms gain popularity as demand surges
Business news / Business-Local news - Thu, 20-Mar-2025

AS there are more consumers, edible bamboo worms are selling well, according to the bamboo market.
Bamboo worms are available all year round, and recently, most young people have enjoyed eating them. “Bamboo worms are currently sold a lot in many places, including Chinatown and online.
Consumers have increased. More young people have started eating it. The trade is brisk, but when crickets and other insects appear in season, its trade slows down a bit. Bamboo worms are available throughout the year,” said a bamboo worm seller in Hlaing Township.

AS there are more consumers, edible bamboo worms are selling well, according to the bamboo market.
Bamboo worms are available all year round, and recently, most young people have enjoyed eating them. “Bamboo worms are currently sold a lot in many places, including Chinatown and online.
Consumers have increased. More young people have started eating it. The trade is brisk, but when crickets and other insects appear in season, its trade slows down a bit. Bamboo worms are available throughout the year,” said a bamboo worm seller in Hlaing Township.
Fried bamboo worms are very delicious and they are eaten not only by ethnic groups but also by most people in the plains, like fried crickets. Despite being available all year round, they are usually abundant at the end of the year. Rich in protein, they are in high demand in the market and sold widely in Yangon and Mandalay.
Bamboo worm-seeking jobs can be done by individuals, but there are some family businesses on small scales. Recently, there have been many people who breed bamboo worms and sell them in the market. — Thit Taw/ZN

Source: The Global New Light of Myanmar

AS there are more consumers, edible bamboo worms are selling well, according to the bamboo market.
Bamboo worms are available all year round, and recently, most young people have enjoyed eating them. “Bamboo worms are currently sold a lot in many places, including Chinatown and online.
Consumers have increased. More young people have started eating it. The trade is brisk, but when crickets and other insects appear in season, its trade slows down a bit. Bamboo worms are available throughout the year,” said a bamboo worm seller in Hlaing Township.
Fried bamboo worms are very delicious and they are eaten not only by ethnic groups but also by most people in the plains, like fried crickets. Despite being available all year round, they are usually abundant at the end of the year. Rich in protein, they are in high demand in the market and sold widely in Yangon and Mandalay.
Bamboo worm-seeking jobs can be done by individuals, but there are some family businesses on small scales. Recently, there have been many people who breed bamboo worms and sell them in the market. — Thit Taw/ZN

Source: The Global New Light of Myanmar

ASEAN takes step towards sustainable agriculture

THE Lao government, together with representatives from countries of the Association of Southeast Asian Nations (ASEAN) and development partners, officially launched the ASEAN Policy Guidelines on Agroecological Transition, marking a significant step towards strengthening sustainable and resilient food systems in the region.

THE Lao government, together with representatives from countries of the Association of Southeast Asian Nations (ASEAN) and development partners, officially launched the ASEAN Policy Guidelines on Agroecological Transition, marking a significant step towards strengthening sustainable and resilient food systems in the region.
According to a report from the Lao Ministry of Agriculture and Forestry on Wednesday, the guidelines were launched during a meeting on implementing the Policy Guidelines on Agroecology Transition and linking to green finance, held in Lao capital Vientiane from Monday to Tuesday.
The launch marks a significant milestone in promoting agroecology across ASEAN, paving the way for a more sustainable agricultural future.
The meeting also brought together policymakers, private sector leaders, and development partners to discuss actionable steps for implementing agroecology in the region, reinforcing ASEAN’s commitment to sustainable agriculture.
Discussions focused on the importance of multi-stakeholder engagement and green investments to support farmers in adopting sustainable practices, further highlighting ASEAN’s dedication to a resilient, sustainable agricultural future. — Xinhua

Source: The Global New Light of Myanmar

THE Lao government, together with representatives from countries of the Association of Southeast Asian Nations (ASEAN) and development partners, officially launched the ASEAN Policy Guidelines on Agroecological Transition, marking a significant step towards strengthening sustainable and resilient food systems in the region.
According to a report from the Lao Ministry of Agriculture and Forestry on Wednesday, the guidelines were launched during a meeting on implementing the Policy Guidelines on Agroecology Transition and linking to green finance, held in Lao capital Vientiane from Monday to Tuesday.
The launch marks a significant milestone in promoting agroecology across ASEAN, paving the way for a more sustainable agricultural future.
The meeting also brought together policymakers, private sector leaders, and development partners to discuss actionable steps for implementing agroecology in the region, reinforcing ASEAN’s commitment to sustainable agriculture.
Discussions focused on the importance of multi-stakeholder engagement and green investments to support farmers in adopting sustainable practices, further highlighting ASEAN’s dedication to a resilient, sustainable agricultural future. — Xinhua

Source: The Global New Light of Myanmar

Dried Catla prices hold steady as trade thrives
Business news / Business-Local news - Thu, 20-Mar-2025

AMONG Dawei’s fishery products, dried Calta (Cyprinidae) which is meaty and cheap has been traded well.
“All Dawei’s fishery products are marketable including Rohu and tuna. But, among them, Calta or Indian carpe is the best-seller because it is meaty fish and price is cheap. Its price has been steady at around K10,000 per viss. This year, Rohu trade has also increased,” said an official from the Shwe Phyo Dawei-produced fishery products trading in Dawei Township.

AMONG Dawei’s fishery products, dried Calta (Cyprinidae) which is meaty and cheap has been traded well.
“All Dawei’s fishery products are marketable including Rohu and tuna. But, among them, Calta or Indian carpe is the best-seller because it is meaty fish and price is cheap. Its price has been steady at around K10,000 per viss. This year, Rohu trade has also increased,” said an official from the Shwe Phyo Dawei-produced fishery products trading in Dawei Township.
In December last year, among dried saltwater fish, being a cheap product, Calta sale mounted as most-consumed item. According to dried fish traders from Dawei Township, dried anchovy and dried mudfish were mainly exported to the central Myanmar and Thailand. — Thit Taw/ ZS

Source: The Global New Light of Myanmar

AMONG Dawei’s fishery products, dried Calta (Cyprinidae) which is meaty and cheap has been traded well.
“All Dawei’s fishery products are marketable including Rohu and tuna. But, among them, Calta or Indian carpe is the best-seller because it is meaty fish and price is cheap. Its price has been steady at around K10,000 per viss. This year, Rohu trade has also increased,” said an official from the Shwe Phyo Dawei-produced fishery products trading in Dawei Township.
In December last year, among dried saltwater fish, being a cheap product, Calta sale mounted as most-consumed item. According to dried fish traders from Dawei Township, dried anchovy and dried mudfish were mainly exported to the central Myanmar and Thailand. — Thit Taw/ ZS

Source: The Global New Light of Myanmar

DUHD warns public of fraudulent real estate listings
Business news / Business-Local news - Wed, 19-Mar-2025

THE Department of Urban and Housing Development warned the public to be on alert for real estate scams involving incentives like rental guarantees.
The DUHD granted a five-year lease at Thukha Dagon public rental housing to those who have difficulty in accommodation. Unscrupulous fraudsters are attempting to scam vulnerable individuals with fraudulent listings by providing fake rental guarantees.

THE Department of Urban and Housing Development warned the public to be on alert for real estate scams involving incentives like rental guarantees.
The DUHD granted a five-year lease at Thukha Dagon public rental housing to those who have difficulty in accommodation. Unscrupulous fraudsters are attempting to scam vulnerable individuals with fraudulent listings by providing fake rental guarantees.
Furthermore, some who have rental resident permits are also found to rent them out again. Consequently, their lease permit will be cancelled and they will face legal action under the existing laws.
The DUHD notified that five buildings that will be completely developed soon will be put out for lease. The Housing Supervision Committee and Leasing and Disciplinary Committee notified that those who are allowed to stay at the housing units under a lease agreement must follow the rules and regulations of the contract. They must not rehire, transfer, sell or mortgage the apartment units to others. They must not fail to move into the apartment as well.
Those who violate the rules will get their rental permit revoked and the head of the household registration is subjected to legal action. The department has recently warned home buyers of fraudulent real estate transactions by providing fake property purchase permit notification letters of the Department. — NN/KK

Source: The Global New Light of Myanmar

THE Department of Urban and Housing Development warned the public to be on alert for real estate scams involving incentives like rental guarantees.
The DUHD granted a five-year lease at Thukha Dagon public rental housing to those who have difficulty in accommodation. Unscrupulous fraudsters are attempting to scam vulnerable individuals with fraudulent listings by providing fake rental guarantees.
Furthermore, some who have rental resident permits are also found to rent them out again. Consequently, their lease permit will be cancelled and they will face legal action under the existing laws.
The DUHD notified that five buildings that will be completely developed soon will be put out for lease. The Housing Supervision Committee and Leasing and Disciplinary Committee notified that those who are allowed to stay at the housing units under a lease agreement must follow the rules and regulations of the contract. They must not rehire, transfer, sell or mortgage the apartment units to others. They must not fail to move into the apartment as well.
Those who violate the rules will get their rental permit revoked and the head of the household registration is subjected to legal action. The department has recently warned home buyers of fraudulent real estate transactions by providing fake property purchase permit notification letters of the Department. — NN/KK

Source: The Global New Light of Myanmar

Nearly 60% of electricity in Germany from renewables in 2024

IN 2024, renewable energy sources such as wind power, solar energy, biogas, and hydropower accounted for 59.4 per cent of Germany’s electricity production, the Federal Statistical Office (Destatis) said on Wednesday.
Renewable electricity generation reached an all-time high of 256.4 billion kilowatt-hours (kWh), marking a 2.3 per cent year-on-year increase, according to Destatis.

IN 2024, renewable energy sources such as wind power, solar energy, biogas, and hydropower accounted for 59.4 per cent of Germany’s electricity production, the Federal Statistical Office (Destatis) said on Wednesday.
Renewable electricity generation reached an all-time high of 256.4 billion kilowatt-hours (kWh), marking a 2.3 per cent year-on-year increase, according to Destatis.
Despite a slight decline in output, wind power remained Germany’s largest electricity source. Generation from wind fell by 1.4 per cent compared to 2023, totaling 136 billion kWh. However, its share of total electricity production rose from 30.8 per cent in 2023 to 31.5 per cent in 2024.
Solar energy saw a significant surge, with electricity generation from photovoltaics increasing by 10.4 per cent to 59.5 billion kWh. This brought solar power’s share of Germany’s total electricity supply to 13.8 per cent, the highest level recorded since data collection began in 2018. — Xinhua

Source: The Global New Light of Myanmar

IN 2024, renewable energy sources such as wind power, solar energy, biogas, and hydropower accounted for 59.4 per cent of Germany’s electricity production, the Federal Statistical Office (Destatis) said on Wednesday.
Renewable electricity generation reached an all-time high of 256.4 billion kilowatt-hours (kWh), marking a 2.3 per cent year-on-year increase, according to Destatis.
Despite a slight decline in output, wind power remained Germany’s largest electricity source. Generation from wind fell by 1.4 per cent compared to 2023, totaling 136 billion kWh. However, its share of total electricity production rose from 30.8 per cent in 2023 to 31.5 per cent in 2024.
Solar energy saw a significant surge, with electricity generation from photovoltaics increasing by 10.4 per cent to 59.5 billion kWh. This brought solar power’s share of Germany’s total electricity supply to 13.8 per cent, the highest level recorded since data collection began in 2018. — Xinhua

Source: The Global New Light of Myanmar

Locally made earthen pots gain popularity as summer nears
Business news / Business-Local news - Wed, 12-Mar-2025

WITH the arrival of summer, more people are using locally made natural sand water pots that are healthy and safe, according to the handicraft market in Mandalay.
Besides local demand, Mandalay also receives orders from Thailand.

WITH the arrival of summer, more people are using locally made natural sand water pots that are healthy and safe, according to the handicraft market in Mandalay.
Besides local demand, Mandalay also receives orders from Thailand.
“Since summer has arrived, natural sand water pots have become more popular. Their advantages include being healthy, as they are made of both earth and sand. The sand is just superficial, and the inside is clay. We receive orders from many places, including Tachilek and Thailand, so we can say that they are selling well,” said Ma Zin Zin Win, a wholesaler of various earthenware near the Mandalay Tooth Relic Pagoda.
Previously, people were required to slide open the lids on the pots to drink, but now, they can take water from the taps installed on clean water bottles.
“In the past, water had to be fetched by hand in sand pots. Now, with water bottles made of pipe, people don’t have to fetch by hand from the top.
The clay is thicker and better. The health benefits of the earth are the same as before, so water from an earthen pot is better. Drinking water from an earthen pot is healthier than water from a refrigerator. That’s why more people are using it,” she added.
Sand water pots are a local craft that is sold more frequently during the hot summer months. They come in various sizes, such as 10, 15 and 20 litres, and clay pots are also available in 10 or 20 litres. — Thit Taw/ZN

Source: The Global New Light of Myanmar

WITH the arrival of summer, more people are using locally made natural sand water pots that are healthy and safe, according to the handicraft market in Mandalay.
Besides local demand, Mandalay also receives orders from Thailand.
“Since summer has arrived, natural sand water pots have become more popular. Their advantages include being healthy, as they are made of both earth and sand. The sand is just superficial, and the inside is clay. We receive orders from many places, including Tachilek and Thailand, so we can say that they are selling well,” said Ma Zin Zin Win, a wholesaler of various earthenware near the Mandalay Tooth Relic Pagoda.
Previously, people were required to slide open the lids on the pots to drink, but now, they can take water from the taps installed on clean water bottles.
“In the past, water had to be fetched by hand in sand pots. Now, with water bottles made of pipe, people don’t have to fetch by hand from the top.
The clay is thicker and better. The health benefits of the earth are the same as before, so water from an earthen pot is better. Drinking water from an earthen pot is healthier than water from a refrigerator. That’s why more people are using it,” she added.
Sand water pots are a local craft that is sold more frequently during the hot summer months. They come in various sizes, such as 10, 15 and 20 litres, and clay pots are also available in 10 or 20 litres. — Thit Taw/ZN

Source: The Global New Light of Myanmar

Shan drums thrive in Myanmar’s musical instrument market

SHAN long and short drums are selling well in the market, according to the Myanmar musical instrument sources.
Shan drums are among the most popular instruments as this season is full of festivals. “The best-selling instruments at this time are Shan long and short drums. Shan drums are ordered by Shan drum groups. Some villages buy them for fun and entertainment. Their sales are always active. It is the festival season, so they sell more for playing at festivals,” said an official at the Myo Chit Bamar Musical Instrument Shop in Mandalay.

SHAN long and short drums are selling well in the market, according to the Myanmar musical instrument sources.
Shan drums are among the most popular instruments as this season is full of festivals. “The best-selling instruments at this time are Shan long and short drums. Shan drums are ordered by Shan drum groups. Some villages buy them for fun and entertainment. Their sales are always active. It is the festival season, so they sell more for playing at festivals,” said an official at the Myo Chit Bamar Musical Instrument Shop in Mandalay.
Other Myanmar musical instruments that used to rule the fields in the past include bronze gong, iron gong, bronze bell, big drum, alms bowl, various lacquerware and Byaw drum, while Shan long and short drums among them are currently the most popular. — Thit Taw/ZN

Source: The Global New Light of Myanmar

SHAN long and short drums are selling well in the market, according to the Myanmar musical instrument sources.
Shan drums are among the most popular instruments as this season is full of festivals. “The best-selling instruments at this time are Shan long and short drums. Shan drums are ordered by Shan drum groups. Some villages buy them for fun and entertainment. Their sales are always active. It is the festival season, so they sell more for playing at festivals,” said an official at the Myo Chit Bamar Musical Instrument Shop in Mandalay.
Other Myanmar musical instruments that used to rule the fields in the past include bronze gong, iron gong, bronze bell, big drum, alms bowl, various lacquerware and Byaw drum, while Shan long and short drums among them are currently the most popular. — Thit Taw/ZN

Source: The Global New Light of Myanmar