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Running Yangon’s largest hotel
The first thing one observes about Lotte Hotels & Resorts Yangon, Lotte Co’s newest hotel, is its sheer size: the property has 658 rooms. The second is the service. Step into the hotel and one is...
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Pacific Hunt Energy Prepares Drilling Campaigns For Myanmar Blocks
Pacific Hunt Energy is planning a total of four exploration drilling campaigns for its Myanmar onshore blocks PSC C-1 and PSC H in the year 2018 and 2019. During the campaigns, explorations wells will...
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Parliamentary Committee to Examine 24 State-Owned Factories
NAYPYITAW — The Lower House Investment and Industrial Development Committee will consider the termination or privatization of 24 loss-making state-owned factories—including the Myingyan Steel Factory...
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Pulse and bean sector moves on after India restricts imports
Myanmar has issued a blueprint to help its pulse and bean sector recover from a pullback in demand from India. The blueprint comprises five strategies to help the sector cultivate alternative crops...
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India To Grant Gratis Visa To Myanmarese Citizens: PM Narendra Modi
Prime Minister Narendra Modi said deepening the relationship with Myanmar was a priority for India, as a neighbour and also in the context of the ‘Act East Policy’. NAY PYI TAW: Prime Minister...
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NHAI awards first international highway project in Myanmar to Punj Lloyd-Varaha
The National Highway Authority of India has awarded its first international project in Myanmar to a joint venture of Punj Lloyd-Varaha. This is for the upgradation of the Yagyi–Kalewa section in...
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Mandalay Brewery’s JV with Kirin approved as market heats up
THE Myanmar Investment Commission (MIC) has approved a proposal by Mandalay Brewery, which is a subsidiary of Myanma Economic Holding Limited (MEHL), to operate a joint venture (JV) with Japanese...
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Wanted: Female bus drivers in Yangon for a safer ride
YANGON — Ms Ma Myat Yi Mon is the only female driver for Yangon Bus Service (YBS) – and she has provided a welcome change for passengers. Having long put up with rude, vulgar and reckless male drivers...
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India Exports Diesel to Myanmar; Aims for Stronger Trade to Contain China
India has been bidding to strengthen socio-economic ties with Myanmar as part of its ‘Act East’ policy but its latest overtures are being viewed as tactics largely aimed at containing Chinese...
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MIC issues 13 new business permits in August, including one for beer
The Myanmar Investment Commission (MIC) has approved the issuance of 13 permits, including one for a beer joint venture in Mandalay. Eight foreign businesses and 5 Myanmar citizen businesses were...
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Myanmar to Host the 14th World Chinese Entrepreneurs Convention on 18 Sep 2017
Over two thousand Chinese entrepreneurs from around the world will soon be gathering in Myanmar’s biggest city Yangon to explore the business opportunities in the region. It’s the first time Myanmar...
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Locals Object to Mandalay Hill Cable Car Installation
MANDALAY — A proposal to build a cable car at Mandalay Hill, a landmark in the cultural center of Mandalay, has been widely criticized by locals. The initial proposal, recently submitted by the Korean...
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Manufacturing sector absorbed more foreign investments in Thilawa SEZ
Foreign direct investments in Thilawa SEZ primarily flowed into manufacturing sectors which accounts for 73 per cent of total FDI in the zone. At present, FDI in Thilawa SEZ reached more than US$1.14...
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Jovago Offers Myanmar Online Payment Method
Jovago.net, a hotel-booking website, has introduced two new online payment methods in partnership with 2C2P. “The new payment system will help our business move from manual payment to a digital...
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NGO Urges Gov’t To Halt Kachin Hydropower Project
A new report published by the Kachin Development Networking Group (KDNG) implored the government to cease construction on the Ngo Chan Hka Hydropower projects on the Ngo Chang Hka River, citing...
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China ups its game in Myanmar’s SEZ race
CHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local...
View ArticleTender Invitation from Ministry of Health and Sports for supply of Non...
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Event Alert, 27 September | Joint Chambers Networking with AustCham and EuroCham
Detail : We are pleased to invite you to a joint chambers networking event with AustCham and EuroCham. Join us for a relaxing evening with premium canapés and drinks at Novotel and meet business...
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From a vantage point for development policy to Myanmar
After four years of significant changes in development policy, interesting years as Finland’s first Ambassador to Myanmar are awaiting Riikka Laatu. She is excited about her transfer to Yangon. At the...
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Bean Association Acts Swiftly to Avoid Panic
At an August 30 meeting of the Myanmar Pules, Beans and Sesame Seeds Merchants Association (MPBSSMA) and the Union of Myanmar Chamber of Commerce and Industry (UMFCCI), a solution was jointly reached...
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