CBM Injects Foreign Currency to Stabilize Exchange

The Central Bank of Myanmar (CBM) has actively injected foreign currencies into the market throughout June 2025 to stabilize the foreign exchange rate and combat currency devaluation. In particular, CBM focused its sales on essential import sectors, including edible oil, fuel, and general commodities. CBM injected US$1.479 million in edible oil importers on 25 June, using funds from Cutting, Making, and Packaging (CMP) companies.A day earlier, on 24 June, over US$870,000 and 700,000 yuan were sold to similar firms.CBM announced on 23 June to pump US$30 million into the fuel oil sector. CBM sold $464,500 to edible oil importing companies and over $496,000 to commodity-importing companies on that day after injection of over 16,540 yuan into the market. CBM sold over $600,000 and 387,000 yuan on 20 June. Furthermore, it sold $800,000 to edible oil-importing companies and over $503,000 from its designated injection into commodity-importing companies.

Source: The Global New Light of Myanmar

DICA Strikes Off 400 Companies for Failing to File Annual Returns

In May 2025, the Directorate of Investment and Company Administration (DICA) removed 400 companies from the register for failing to file their annual returns (AR) on the MyCO system. Earlier this year, 1,500 companies in both January and February and 900 in March also failed to comply. However, no company missed AR submission in April.

Companies who fail to file ARs within 13 months risk suspension, and under Section 430(F) of the Myanmar Companies Law, they would be struck out if they are not corrected within 6 months, according to DICA. Companies must pay a total of K250,000 in penalty to reinstate their registration.

Since 2018, over 19,000 companies have failed to meet AR requirements. DICA urges all businesses—local, public, and overseas—to comply with filing rules to avoid penalties and ensure legal operation.

Source: The Global New Light of Myanmar

 

Tender Open for Agro-Based Textile Industrial Complex in Pyay

The No 3 Heavy Industries Enterprise under the Ministry of Industry called for interested developers to submit a proposal for the construction of an agro-based textile industrial complex on the plot of land owned by the No 1 Textile Factory (Shwedaung) in Pyay Township, Bago Region.

Construction of the Agro-based Textile Industrial Complex project on 250 acres of land owned by the No. 1 Textile Factory (Shwedaung) must be funded by the developer. Phase I of the project includes textile training schools, an industrial meeting hall, a product display room, and laboratories; Phase II includes paint removal, dyeing, and printing factories; Phase III includes textile factories, weaving factories, warehouses, a logistics department, an industrial zone management committee office, a firefighting system, a clinic, industrial solid waste management, a recreation centre, and a trainee and staff dormitory. Please send the tender form, proposal, company documentation, and company registration to the Ministry of Industry’s Administration Department at 067 408070 and 067 408185 by 3 p.m. on July 25.

Source: The Global New Light of Myanmar

Myanmar Businesses Invited to Join 138th Canton Fair in China

The 138th Canton Fair, China’s premier import and export show, is set to take place at the Canton Fair Complex in Guangzhou from October 15–November 4, 2025, and the Myanmar Trade Promotion Organisation issued an invitation to Myanmar business owners to participate in it.The fair will be held in three phases, with booth setup and dismantling between phases. Interested entities must provide a company registration, product and service summary of the company, official website, logo, trademark certificate, countries of origin and production documents in China or other external countries.

Booth fees range from RMB23,000 to RMB30,000 depending on space and setup. Discounts apply for larger booth bookings. Participants must cover their own travel and accommodation expenses. Least Developed Countries (LDCs) are eligible for a limited number of free booths.

The individuals need to register by 15 August 2025. They can enquire about details through Mr Barry Zhu at +86 2089138589, fax +86 2089138550, and email project1@cantonfair.org.cn. Moreover, they can contact the Myanmar Trade Promotion Organization via 067 408623 and email event.td.myantrade@gmail.com.

Source: The Global New Light of Myanmar

COVID-19 Update: 29 New Cases, No Deaths Reported

The Ministry of Health tested 2,199 samples from 8 pm on 15 June 2025 to 8 pm on 22 June 2025, and 29 new cases were detected.This resulted in a 1.32 percent positive rate and no additional casualties. Although there is now no reason to be concerned about COVID-19 infection or mortality, everyone should adhere to personal hygiene guidelines and identify high-risk individuals. • Individuals with diabetes, long-term respiratory conditions, and cancer; • The elderly (60 years of age and up); • Women who are pregnant, particularly those who are over the third month, are given priority for receiving COVID-19 booster doses.More detailed COVID-19 information can be found on the website of the Ministry of Health, moh.gov.mm

Source: The Global New Light of Myanmar

MGE grants 5,687 licences to gem businesses

Myanma Gems Enterprise (MGE) has granted licences to 5,687 gem businesses.In Nay Pyi Taw, Yangon, Mandalay, Myitkyina, and Mongshu cities, those who wish to engage in gem and jewellery trading can apply for a licence at the appropriate MGE office.
“There are 5,687 valid licence holders. Those who are 18 years old can seek gem licences related to their businesses,” said an official of the MGE.
The MGE issues three different kinds of gem licenses: gems and jewellery trading licences for gem shops, manufacturing licences for finished gems and carvings and rough gemstone and finished products trading licences.The validity of each licence is one year. They must start the renewal procedure three months prior to the expiration date.

Source: The Global New Light of Myanmar

YSX Records Over K619 Million in Trading Value in May 2025

The grand trading value of the eight listed companies on the Yangon Stock Exchange (YSX) amounted to over K619 million in May 2025, from 176,845 shares traded, according to YSX’s notification.

Currently, shares of First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB), First Private Bank (FPB), TMH Telecom Public Co Ltd (TMH), Ever Flow River Group Public Co Ltd (EFR), Amata Holding Public Co Ltd. (AMATA), and Myanmar Agro Exchange Public Co Ltd (MAEX) are actively traded on the exchange.

In comparison, April’s trading value was K460.116 million from 189,408 shares. The trading value in May decreased by over K159 million, with a drop of 12,563 shares compared to April.

MTSH led the market with K212.545 million from 71,316 shares, followed by FMI with K119.8 million (17,939 shares), MAEX with K114.296 million (37,033 shares), MCB with K82.554 million (10,254 shares), TMH with K25.6 million (9,002 shares), AMATA with K24.35 million (6,432 shares), EFR with K23.545 million (15,620 shares), and FPB with K16.5 million (9,249 shares).

Source: The Global New Light of Myanmar

MTSH and GCL SI Partner on Renewable Energy Projects in Myanmar

Myanmar Thilawa SEZ Holdings Public Co Ltd (MTSH) has signed a Memorandum of Understanding (MoU) with Chinese energy firm GCL System Integration Technology Co Ltd (GCL SI) to explore renewable energy opportunities in Myanmar. The MoU was signed on 11 June 2025 in Shanghai, with MTSH announcing it to shareholders on 16 June.

The MoU states that GCL SI and MTSH plan to work together to create a joint working group to efficiently evaluate the project’s viability and investigate the feasibility of constructing solar power systems (including Floating Photovoltaic Power Plant and Centralized Photovoltaic Power Plant) with a capacity of up to 100 MW from renewable energy in Myanmar.

GCL SI specializes in renewable energy, solar PV materials, green city development, and financial services. The partnership aims to support MTSH’s energy needs and promote sustainable power solutions in Myanmar.

Source: The Global New Light of Myanmar

Myanmar businesses join India International Mega Trade Fair

Businesspeople from Myanmar have been invited by the Myanmar Trade Promotion Organisation to participate in the India International Mega Trade Fair 2025-2026, which is set to take place in Science City, Kolkata, from December 5 to 25, 2025. The Bengal Chamber of Commerce & Industry and GS Marketing Associates are jointly organising the event, which provides traders, manufacturers, and entrepreneurs with beneficial opportunities.

A nine-square-meter booth can be rented for US$2,000 plus 18% GST, with multiple booking discounts available. Although accommodation costs are not covered, B2B matchmaking and nearby accommodation arrangements will also be provided.

Interested participants can contact Mr Utpal Roy, President (Sales), GS Marketing Associates at +91 7003178250, +91 9433012988, and +91 9830080180 (WhatsApp) and email utpalroy.28@gmail.com and Utpal.roy@gsmktg.com. Myanmar business entities can also contact the Myanmar Trade Promotion Organization at 067408623 or by email.

Source: The Global New Light of Myanmar 

Myanmar Companies Pursue GACC Licenses

As of 13 June 2025, a total of 1,755 Myanmar food processing companies and factories have submitted 3,654 applications to the General Administration of Customs of the People’s Republic of China (GACC), according to the Myanmar Trade Promotion Organization. Under GACC Decrees 248 and 249, registration has been mandatory for food exporters to China since 1 January 2022.

Exporters from Myanmar who deal with goods including grains, dried beans, nuts, fresh vegetables, seafood, animal feed, edible oils and more need to have a GACC licence in order to sell in China. The authorised authorities in charge of these applications are the Agriculture Department, the Livestock Breeding and Veterinary Department, the Fisheries Department and the Food and Drug Administration Department.

Amongst the 3654 applications submitted between December 2021 and June 2025, the majority (3,480) were submitted through the Agriculture Department.The Fisheries Department processed (151), the Livestock Department processed (14) applications and the FDA processed (9). As of right now, the GACC has approved 1,106 applications.

Exporters can check registration status and apply for food groups not listed under the 18 categories through China’s International Trade Single Window at https://cifer.singlewindow.cn. Further information is available through the Myanmar Trade Promotion Organization’s contact numbers and email.

Source: The Global New Light of Myanmar