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Growing Economy Brings Rise in Fuel Oil Shipping from Singapore

​​ SINGAPORE — Burma’s oil imports are surging to fuel a fast-growing economy and rebuild rotting infrastructure, creating a small but profitable route for ships making a beeline for the emerging...

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Myanmar Awaits Indian Response on Bean Deal

​​ The fate of a nearly million-tonne bean deal remains uncertain as the Myanmar government awaits a response from India to its proposal to sell the beans at the current market price. The Indian...

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Myanmar Exports More than 900,000 Tonnes of Rice and Broken Rice to December

​​ Myanmar has exported more than 900,000 tons of rice and broken rice for the year until the end of December, reported the Ministry of Commerce. “We already exported more than 900,000 tons of rice and...

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Thilawa to Get Fertiliser Factory

​​ The Myanmar Agribusiness Public Corporation (Mapco) says it will build an international-standard fertiliser plant named “the AFC” in Thilawa Special Economic Zone this year, in partnership with the...

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CB issues Reminder on Currency use but Dollar Shortage Remains Issue for Banks

​​ The Central Bank has reissued an instruction that the kyat should be used in all local transactions in an effort to help stabilise the exchange rate. But a senior official in the foreign exchange...

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EOI for Consulting Services– Individual Consultant (International procurement...

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EOI for Consulting Services– Individual Consultant (International Road and...

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YCDC Invitation for Bids for Street Furniture. Closing Date 17 Feb 2017

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Yangon bus system overhaul set to start

​​ Yangon’s infamous public bus system – where commuters are dragged by callous conductors onto ageing vehicles operated by drivers with scant regard for road safety – is about to change. A...

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Rakhine commerce minister sees bright future for black bean exports

​​ The Rakhine State commerce minister is hoping around 10,000 tonnes of black gram beans will be exported to India from Sittwe this year, pending completion of the Kaladan Multi-Model Transit...

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Company providing security service need to be licenced in Yangon

​​ Yangon’s unlicensed security guards will soon need to be registered before they can operate legally, under a new cabinet plan which aims to reign in the spiralling numbers of unregistered security...

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MIC hopes to boost domestic investment

​​ Domestic sources invested over Ks12 trillion into production, transport, housing development, hotels and tourism and the construction sectors until the end of December, the Myanmar Investment...

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Forty-six percent of Myanmar employees happy at work: survey

​​ How are things is Myanmar’s workplaces? A survey on workplace happiness with over around 5,000 employees was conducted by the country’s largest employment website, Jobnet.com.mm. The survey resulted...

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Local firm launches module housing

​​ Local firm Treasure Triangle Company has launched a range of pre-fabricated module homes for anyone that wants to option to move house but take their home with them. The ready-made steel structures...

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MAPCO courts investment for agri-industry park

​​ Myanmar Agribusiness Public Corporation (MAPCO) is building the first of several planned agricultural industrial parks in Ayeyarwady Region aimed at attracting foreign and local investment into...

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Construction to Start on 11 New Hotels in Chin State This Year

​​ Entrepreneurs in Chin state, one of the country’s remotest and least developed areas, will build eleven new hotels from April as local authorities look to draw some of the millions of tourists...

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Garment Exports Double Spurred by Rising Orders From Europe

​​ Myanmar garment exports have doubled in 2016 compared to export values of the previous year, according to the Ministry of Commerce. Rising orders from European countries have caused the surge in...

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Vietnam’s Stock Market is Set to Boom – That’s Good News For Yangon’s Bourse

​​ A few weeks ago I had the chance to spend some time exploring the Vietnamese city of Saigon – or more precisely, District 1 of Ho Chi Minh City (HCMC). Without doubt the place is the hottest ticket...

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Myanmar’s tourism boom faces manpower challenges

Tourism is booming in Myanmar. Over the past five years, visitors have been pouring into the country, after it shook off its image as a “pariah” state with the establishment of a quasi-civilian...

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Myanmar calls for foreign housing investment

Win Khaing, Myanmar minister for construction, is inviting investors from other Asia-Pacific countries to back urban and housing development projects through private-public partnerships. He made the...

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