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Myanma railways: Expression of interest from Developers to develop Bauk Htaw...
1. In line with the National Development Plan, the Government of the Republic of the Union of Myanmar has been identifying the economic potential to contribute to the country’s economic development. As...
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Expression of Interest for Cooperation with No.15 Heavy Industry (Thagaya),...
No.15 Heavy Industry (Thagaya) (to produce Earth Moving Equipments / Automobile Vehicles) under No.(1) Heavy Industries Enterprise, Ministry of Industry is intended to cooperate with local (and)...
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The Good And Bad That Investors Should Know About Yoma Strategic Holdings...
Yoma Strategic Holdings Ltd (SGX: Z59) is a conglomerate that focuses on Myanmar. It has business interests in a wide variety of sectors, such as real estate development, agriculture, tourism, vehicle...
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Myanmar Has One of The Lowest Tax Takes in The World
INSIDE a noodle house in central Yangon, business is buzzing. Customers huddle over tables, slurping down chicken soup or gobbling dumplings. Everyone pays in cash. Few customers ask for receipts....
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Anti-Coal Power Plant Protesters Stopped in Kayin
Authorities on Tuesday blocked residents from demonstrating at the site of a proposed coal power plant in Hpa-an township in Kayin State, to express their opposition to the facility. The protesters,...
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Preparations Underway to Ensure Consistent Power Supply This Summer
More electricity will be generated by new power plants while other plans are underway to reduce power blackouts in Yangon and Mandalay during the coming summer months between March and May, according...
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AYA Bank, MPU, JCB Introduce First Corporate Credit Card in Myanmar
Yangon and Tokyo, Nov 14, 2017 – (ACN Newswire) – Ayeyarwady Bank (AYA Bank), a major commercial bank in the Republic of the Union of Myanmar, Myanmar Payment Union (MPU), and JCB International Co....
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Govt Plans to Relocate Hotels From Bagan Archeological Zone
YANGON — Myanmar attempts to relocate controversial hotels in the archaeological site Bagan as it prepares the ancient city’s final nomination dossier to become a Unesco World Heritage Site. The...
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Banking curbs stagnating trade with Myanmar : businesses
Improving economic ties with Myanmar may be a key agenda of Prime Minister Narendra Modi’s Neighbourhood First and Act East policies, but if the business community in Myanmar is to be believed,...
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Stephenson Harwood opens in Myanmar
Stephenson Harwood has opened a new office in Yangon, expanding the firm’s reach in Southeast Asia. The firm’s Myanmar practice has been advising international and domestic clients for more than 20...
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Millers, merchants urge illegal China-bound rice be stanched
The illegal outflow of rice via China’s border routes needs to be addressed through existing policies, regional rice-mill associations and local rice merchants have told the government. The export of...
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Myanmar wants more investments from PH
CLARK FREEPORT — The Republic of the Union of Myanmar is looking forward to more Philippine investments on energy and agriculture. “Philippines and Myanmar have very long standing relations since...
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Street Vendors Moved to Night Market Again
Roadside shopkeepers have been ordered to move to the night market on the Strand Road starting from November 15, sources say. Since the opening of the night market over a year ago, the vendors in the...
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Korea to Export Fresh Fruit to Myanmar
South Korea will ship about 37 tons of fresh fruit to Myanmar to assess its potential and build effective distribution channels in the local market, Seoul’s agriculture ministry said Thursday....
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Myotha Golf Club to be Completed in December
The construction of the Myotha National Golf Club in Mandalay-Myotha industrial park will be completed in December, the club’s managing director said. “The whole 18 holes golf will be finished in...
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Mon State Revenue Collection Declines in 2017
Revenue collection for 2017 in the Mon State dropped by K272.64 million compared to the previous year, said an official from Mon State Internal Revenue Department. This year, Mon State collected...
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Myanmar Looks to Strong Inflow of FDI
THOUGH MYANMAR is one of the lowest-ranked economies in Asia Pacific region according to the World Bank’s recent report on doing business, the nation maintains its optimism over the inflow of foreign...
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Chicken-Up Korean Cuisine Franchise available for Myanmar
Founded in 2010, CHICKEN UP remains at the forefront to a contemporary approach to Korean cuisine. The brand has been labelled as Singapore’s #1 Korean Fried Chicken due to its world-class fried...
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Local investments in edible oil production needed to reduce import reliance
Yangon Chief Minister U Phyo Min Thein has urged edible oil merchants and businessmen to invest in the local cooking oil sector. As domestic production is not sufficient for consumption, Myanmar is...
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Fisheries crucial for food security
Fisheries are vital to reduce the malnutrition rate and improve food security in Myanmar. The World Fisheries Day, which is taking place today, is of significance for Myanmar because the country’s...
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