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NLD Lawmaker Claims Foreign Workers are Flouting Visa Regulations, Harming...

RANGOON — National League for Democracy (NLD) divisional lawmaker U Than Naing Oo called on the Rangoon Division government to investigate the legal status of foreign workers in the city, who he...

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People Can Veto Power Plant: Energy Boss

According to energy ministry’s permanent deputy secretary San Yu, the highly controversial coal-fired Tijit power plant in southern Shan State, will not be restarted if the people oppose it. “The...

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Hanthawaddy Airport Agreement in Final Stage

RANGOON — A final concession agreement will be signed by the end of this year with the Japanese-Singapore consortium which won a tender to construct the Hanthawaddy International Airport north of...

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The Wartime Supply Road That Became Myanmar’s Thriving Trade Route

YANGON — As trucks barrel down the well-paved road between Mandalay and the southwest of China, few of the men working on the construction sites lining the road probably realize that it was once a...

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US/MMK Exchange Rate On The Move

THE US-dollar exchange rate to MMK experienced a fall from K1,300 in 2015 to K1,100 until last April but has risen to K1,260 again recently. The rising US dollar exchange rate to MMK has led to higher...

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De Heus Opens Feed Facility in Myanmar

Dutch feed giant, De Heus, has invested €10m in a new feed plant in Myanmar, in a move it says will bolster its position in Asia. For the past few years, the Dutch group has been exporting feed...

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Companies Act in Government’s Sights

Now that the Myanmar Investment Law has been passed by both houses of parliament, attention turns to the new Myanmar Companies Act, which senior business sector figures say will be key in improving...

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New Myanmar Subsidiary For Yoma

BRIEF: Yoma Strategic has formed a new Myanmar b– Pun Hlaing Lodge Hotel Management – to build a five-star hotel on the Pun Hlaing Estate. The new entity has US$75,000 in paid-up capital, consisting...

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Myanmar Banking Group KBZ Seeks Insurance Arm Listing, Fintech Ally

Oct 6 Myanmar banking group KBZ is seeking to list its insurance arm on the domestic bourse as early as next year, a senior executive said on Thursday, as the formerly isolated nation slowly...

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Myanmar’s Strongest Ethnic Armed Group Says Drug Label ‘Not Fair’

PANGSAN, Myanmar: Myanmar’s most powerful ethnic armed group, accused by the United States of running a narco-empire that has flooded Asia with illegal drugs, has rejected the allegation, saying...

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Mining Enterprise- Invitation for Tender for Tin & Wolfram. Closing Date 25...

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New China Refinery Faces Delay as Myanmar Seeks Extra Oil Tax: Sources

A newly built Chinese refinery near its border with Myanmar is facing a delayed start-up after state firm PetroChina balked at paying an extra tax for piping crude oil through the Southeast Asian...

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Indian Companies Mulling Purchase of Myanmar’s Peas

Indian companies which have won the tender are considering purchase of Myanmar’s peas, resulting in a decrease in the price, said U Min Ko Oo, the secretary of Myanmar Pulses, Beans and Sesame Seeds...

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Offshore Gas Project Awards EPCI Deal in Myanmar

Indonesian platform builder PT Gunanusa Utama Fabricators (PTG) has been awarded a second contract from Thailand’s PTTEP for Zawtika project offshore Myanmar. The initial contract, awarded in...

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New Housing Project At Hlegu in The Pipeline

A new urban area comprising residential apartments and shopping centres will be implemented at Hlegu Township in the outskirts of Yangon to provide grassroots level people with affordable housing,...

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Singapore Looking To Attract More Myanmar Tourists To The City-State

YANGON: Singapore hopes to double the number of Myanmar tourists to the city-state from the 105,000 arrivals it saw in 2015. Some of Singapore’s landmarks were shown off in Yangon to entice Myanmar...

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YCDC Threaten To Take Action Against Mya Kyun Thar Developers

Yangon City Development Committee (YCDC) has threatened to take action against those companies who do not cease construction and resubmit their proposals on developments at parkland beside the city’s...

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Agents See Property Growth In Outer City

Local real estate agents in the south-west of Yangon are backing a range infrastructure development projects to boost demand for real estate in outskirts of the city, in areas such as Dala, Kawhmu,...

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Myanma Timber Enterprise Invitation for open tender. Closing Date 28 Oct 2016.

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Myanma Oil And Gas Enterprise – Tender to supply machine tools and equipment...

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