6,000+ gold shops receive trading licences over 2 years

KookieSpace97

News Image

  • 6,000+ gold shops receive trading licences over 2 years

The Myanmar Gold Entrepreneurs Association stated that the National-Level Licence Screening Committee in Nay Pyi Taw has approved over 6,000 gold shops to operate gold trading services between October 2024 and March 2026. A total of 6,428 gold shop owners have applied for a gem (gold) trading licence.
“Applicants must submit applications to the committee in the respective regions and states. After initial screening, they are forwarded to the committee in Nay Pyi Taw. The number of applications is not as high as before. The first meeting for screening has been done. The screening teams are on the inspection tour for now”, said an official of the Mining Department.
As per 2023 data, there are about 600-member gold shops of the Yangon Region Gold Entrepreneurs Association, and there are over 10,000 gold shops across the region. Despite the increasing number of gold shops, only over 6,000 are licensed gold shops. — ASH/KK

gnlm

EN-News-Category
General news
General - Local news

Related News

Urban Development : Meeting with City Development Committee in Mandalay
Urban Development : Meeting with City Development Committee in Mandalay
Mandalay Region Chief Minister U Myo Aung met with officials from the Mandalay City Development Committee on Friday. During the meeting, he emphasized the need to improve urban cleanliness and city development by addressing weaknesses and working together across departments.He also called for greater public cooperation. Officials reported ongoing efforts to develop the city, maintain cleanliness, and create a pleasant living environment for residents. The Chief Minister coordinated and provided necessary support based on the discussions.mitv
Sat, 11-Apr-2026
Emperor penguins listed as endangered species by the IUCN , Emperor penguins listed as endangered species by the IUCN , Emperor penguins listed as endangered species by the IUCN
Emperor penguins listed as endangered species by the IUCN
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife announced on Thursday.Its change of status from "near threatened" to "endangered", made by the International Union for Conservation of Nature (IUCN), underscores the existential threat for ice-dependent species as global warming profoundly reshapes the frozen continent.Emperor penguins rely on stable sea ice -- essentially platforms of frozen ocean water -- to live, hunt and breed. Their numbers have plummeted as warming driven by greenhouse gas emissions has caused sea ice to break up earlier in the year. The IUCN -- a global network of scientists, governments and conservation groups -- said changes in sea ice were expected to halve the emperor penguin population by the 2080s.mitv
Fri, 10-Apr-2026
‘Ping-Pong Diplomacy’ journey in China , ‘Ping-Pong Diplomacy’ journey in China , ‘Ping-Pong Diplomacy’ journey in China , ‘Ping-Pong Diplomacy’ journey in China
‘Ping-Pong Diplomacy’ journey in China
The youngest member of the history-making U.S. national table tennis that made a groundbreaking trip to Beijing 55 years ago has reflected on the significance of this famous visit which helped open up a new chapter in China-U.S. relations, saying the spirit of ‘Ping-Pong Diplomacy’ still offers valuable lessons.Nowadays, Judy Hoarfrost is still sharing her skills to table tennis players of all ages at the Paddle Palace, a special sports center she set up just outside the U.S. city of Portland in the state of Oregon. But her role in the extraordinary tale of “Ping-Pong Diplomacy” still resonates strongly well over half a century later.mitv
Fri, 10-Apr-2026
K-pop BTS kicks off massive world tour in South Korea , K-pop BTS kicks off massive world tour in South Korea
K-pop BTS kicks off massive world tour in South Korea
K-pop group BTS launch its global concert tour on ​Thursday in the South Korean city of Goyang, after the group's comeback ‌single topped rankings worldwide.BTS's World Tour 'ARIRANG', expected to bring in blockbuster revenues, officially kicks off with three nights in Goyang and will take in 34 cities across the world.The opening concerts in Goyang ​sold out in pre-sale for all three nights, while tickets in South Korea, North America, and Europe sold out within a few hoursaccording to BTS' management agency. The group went on hiatus in 2022 and all seven members completed South Korea's mandatory military service by mid-2025.mitv
Fri, 10-Apr-2026
Australia, Singapore boost ties on fuel, LNG security , Australia, Singapore boost ties on fuel, LNG security , Australia, Singapore boost ties on fuel, LNG security
Australia, Singapore boost ties on fuel, LNG security
Australia and Singapore agreed to the continued flow of refined fuel and liquefied natural gas (LNG) on Friday as the trading partners boosted ties amid Mideast conflicts.Australian Prime MinisterAnthony Albanese signed a non-binding agreement on Friday with his counterpart Singapore’s Lawrence Wong, saying they would make maximum efforts to meet each other's energy security needs. Anthony Albanese , Australian Prime Minister  said "We provide about 32% of LNG to Singapore. Singapore provides about 26% of refined fuel for Australia.This is an important relationship, and at a time where fuel security is on the agenda right around the globe due to the conflict in the Middle East, this relationship is more important than ever." Earlier on Friday, Albanese visited a refinery and LNG terminal on Singapore's strategic Jurong Island and said it was vitally important for Australia and its Asian partners to coordinate a mutual response to the crisis.mitv
Fri, 10-Apr-2026
Foreign Delegates in Nay Pyi Taw : Attendees to the Inauguration Ceremony of new President , Foreign Delegates in Nay Pyi Taw : Attendees to the Inauguration Ceremony of new President
Foreign Delegates in Nay Pyi Taw : Attendees to the Inauguration Ceremony of new President
The delegations representing the foreign governments arrived at Nay Pyi Taw in the evening of 9 April to attend the Inauguration Ceremony of the new President which will be held on 10 April.They were welcomed by Deputy Minister for Foreign Affairs and officials at the Nay Pyi Taw Tatmadaw Airport.mitv
Fri, 10-Apr-2026
© Copyright 2024 SAC All Rights Reserved.