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Mayor Says Yangon Lacks Funds for Flood Works, Awaits $125m Loan

Yangon is unable to implement large-scale flood mitigation strategies due to a lack of funds, and heavy downpours during the monsoon season are causing havoc for the city’s nearly 5 million people....

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Bintai Kinden unit wins RM74mil job from Myanmar firm – Business News

PETALING JAYA: Bintai Kinden Corp Bhd’s subsidiary, Bintai Kindenko Myanmar Co Ltd, has won a US$17.5mil (RM74.48mil) sub-contract works award from Soilbuild (Myanmar) Co Ltd. In a filing with Bursa...

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History Comes Alive in Yangon

PROGRESS is inevitable in Yangon, in a country just opening up and changing after Aung San Suu Kyi’s victory in Myanmar’s first free election in 25 years. Mass tourism may even set in, which prompted...

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What do Local and International Businesses Make of The Belt and Road?

Businesses in Myanmar generally welcome the Belt and Road Initiative’s (BRI) investment boost for the country’s infrastructure development. Some urged Myanmar to be more proactive in navigating its...

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Mandalay, gateway to India, China: US firms

To pave the way for making this a reality, a high level business delegation led by the American Chamber of Commerce in Myanmar (AMCHAM Myanmar), visited Mandalay and met with government officials....

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In Myanmar, buying cars and homes with gunny sacks full of cash

Banks have even received deposits of S$10 million in bills, in a country where most still prefer cash in hand over credit. But could mobile wallets change all that? YANGON: At banks in Myanmar, it’s...

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Big 4G Push to Drive Myanmar’s Smartphone Use

YANGON — Smartphone use in Myanmar is getting a major boost as the country’s largest mobile carrier has bumped up the wireless data transmission speed in major cities, paving the way for more fluid...

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Ooredoo Switches Creative Agency in Myanmar

The client had selected TBWA Thailand as its creative agency and Phibious for digital duties in January 2016, but called another pitch in November last year. Havas Riverorchid, TBWA and Phibious...

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Over 1900 Unresolved Land Cases inYangon

There are more than a thousand unresolved cases of land seizure in Yangon so far under the NLD government, according to the committee appointed to oversee disputes involving such seizures. U Than...

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Emirates to Launch Yangon-Phnom Penh Flight on July 1

Special ticket sales are now available beginning June 5 until June 30. This is the first Yangon-Phnom Penh route since 2014. Ticket price rates for a return trip are US$242 for economy class and $692...

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China-Myanmar Border Economic Cooperation Zone Location Speculated

Zhou Rong, a senior research fellow at the Chongyang Institute for Financial Studies at Renmin University of China in Bejing, told the Chinese state-run Global Times that the China-Myanmar Border...

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Request for Quotation for market entry studies for specialty agro-food for...

Trade Facilitation Office Canada (TFO Canada) Making trade work for development: Export Capacity Support for Small exporters from Asia-Pacific (ECSAF) least developed countries in specialty agro-food...

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YRTA Pushes Back Clunker Trade-In Deadline After Concerns Raised by Bus...

Owners of Yangon Bus Service (YBS) busses more than 22 years old now have un­til June 20 to trade their clunkers in for govern­ment issued import slips which can be used to im­port newer vehicles, the...

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Ministry Aims to Boost Productivity of Fishing Sector With Data Gathering Drive

The Ministry of Agri­culture, Livestock, and Irrigation has launched a study into the fish farming and ocean fishing industries aimed at identifying producers and regions who stand to benefit most...

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FDI Tops $1bn in Less Than Two Months – Myanmar on Course to Meet Yearly Target

Foreign direct invest­ment into Myanmar has topped $1 bil­lion so far this fiscal year, meaning the country is comfortably on course to meet its target of $6 bil­lion by the end of March next year....

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Telenor to Launch 4G/LTE Services in Yangon After Securing 1800MHz Spectrum

Telenor’s CEO has said Myanmar’s 4G/Long- T erm Evolution (LTE) services will be ‘among’ the best in the region, after the telco announced it will begin the rollout of its 4G/LTE services in Yangon...

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iMyanmarHouse Founder to Launch Tech Venture Capital Fund

Nay Min Thu, the founder of prop­erty web portal iMyanmarHouse.com, will launch a venture capital (VC) fund for local tech startups, with the fist round of funding to begin next year. The fund,...

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Uber vs Grab vs Hello vs Oway – Week 2

Comparative Analysis of Uber, Grab, Hello & Oway versus a Normal Taxi i.e. the traditional taxi that you can find along the street and who are not Uber, Grab, Hello or Oway driver. Our methodology...

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Chin State SMEs to Be Eligible For K8.5 bn Worth of JICA Loans

Chin State’s small and medium busi­nesses (SMEs) will be eligible for up to K8.4 billion worth of small loans which the govern­ment plans to make avail­able later this financial year, a union minister...

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Myanma Railways – Invitation to open tender Closing Date on 12 July 2017

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