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Pharmaceutical Companies From Indonesia, Myanmar Establish Joint Venture

Jakarta (ANTARA News) – Indonesian pharmaceutical company PT. Phapros Tbk, a subsidiary of PT Rajawali Nusantara Indonesia (RNI), and Myanmar`s pharmaceutical firm Medi Myanmar Group have established...

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Japan May Build First Waste-to-Diesel Fuel Plant in Bago

Japan’s Garbage Collection Co Ltd has expressed interest in constructing a waste-to-diesel factory in Bago Region, according to the Bago Regional Government. The diesel produced will be used as fuel...

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Nectar “Milk & Honey” Yogurt Franchise available for Myanmar

The Franchisor : Gastro Network Pte Ltd, Singapore is looking for Exclusive Master Franchise for the territory of Myanmar. Master franchise fee starts from USD 85,000. Below are the details of the...

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SolarHome to invest $5m more in Myanmar

MYANMAR’S huge demand for solar power to serve millions of people in rural areas who cannot reach the national grid has pushed SolarHome, a regional solar provider for off-grid households, to expand...

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Foreign Correspondents Forced to Jump More Hoops to Get Visas

YANGON — Some foreign journalists have left Myanmar and others are preparing to depart after the government tightened visa regulations following critical coverage of the military’s handling of the...

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Telecom Sector Draws Foreign Investment

YANGON — The Telecommunications sector has become the top destination for foreign investment under the National League for Democracy (NLD) government, according to the Directorate of Investment and...

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Foreign investment exceeds $5 bn

Foreign investment volume reached more than US$5 billion (6.76 trillion kyat) as of the third week of December in FY 2017-2018, reaching above 90 per cent of the target for foreign investment for the...

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Agreement for Hanthawady airport close to signing

An agreement appears in the offing as the coordination committee for the Hanthawady International Airport construction project heads into its sixth meeting with the tender-winning company optimistic...

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Myanmar government relaxes restrictions on foreign investment

Myanmar issues a new Myanmar Companies Act to attract foreign investment. The local companies are expected to take their businesses to a level. Editorial On 6 December 2017, Myanmar’s President U Htin...

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Licences for over 300 jewellery mining blocks to expire this month

Licences for some 300 jewellery mining blocks in Mogok in Mandalay Region; Lonekhin, Hpakant, Mohnyin and Nantyaseik in Kachin State; and Mongshu in Shan State, will expire this month, according to an...

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Prices of condo apartments fall by 20-30 % in Yangon market: real estate agents

U Nay Min Thu, managing director of iMyanmarHouse.com, a property website, said the commercial city of Yangon saw a 20 to 30 per cent decline in the prices of condominium apartments in comparison to...

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More information needed to conduct better EIAs

The biggest challenge for civil society organisations (CSOs) when participating in an Environment Impact Assessment (EIA) process, is the lack of sufficient information about the proposed projects....

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Electric Power Generation Enterprise, Invitation to Bid for Rental Power...

Date: 6th January, 2018 (EPGE G-01/2017-2018) 1. Electric Power Generation Enterprise (EPGE) seeks to invite tender for the purchasing of electricity on Rental basis in Myingyan Region. 2. The...

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Electric power generation enterprise, Invitation to Bid for Rental Power...

Date: 6th January , 2018 (EPGE G-02/2017-2018) 1. Electric Power Generation Enterprise (EPGE) seeks to invite tender for the purchasing of electricity on Rental basis in Kyaukse Region. 2. The...

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Ministry of construction, Invitation for bids for Bridge Building, Submission...

Date: 12th January, 2018 Loan Agreement No.: MY-P15 IFP No: MYA/MOC/EWEC/PACKAGE1/PQ 1. The Government of the Republic of the Union of Myanmar has received a Loan from Japan International Cooperation...

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Shwetaung Chosen as Lead Developer for Ayarwon-Yadana Housing Project

The Construction Ministry has chosen Shwetaung Construction Company as the lead developer for the Ayarwon-Yadana Housing project, said Min Htein, director-general of Urban and Housing Development...

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Modi Backs India-Myanmar-Thailand Highway’s Indochina Extension

NEW DELHI — India is pushing an ambitious highway initiative through Myanmar and Thailand to connect with Vietnam through Cambodia and Laos, which observers of Southeast Asia see as part of its...

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Garment Industry Must Raise Value Proposition to Stay Sustainable

2017 was a strong year for the garment export sector. During the seven months between April and November, some $1.5 billion worth of garment products were shipped out of Myanmar, bound for warehouses...

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Demand in Real Estate Market Slow

Demand in the real estate market started to decline in the late 2015 and, in 2017, there was no significant progress, according to House.com.mm on Monday. “In the early months of 2016, the real estate...

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Myanmar Boosts Electricity Access Through Off-Grid Solutions

Khant Zaw, director general at the Department of Rural Development (DRD), said US$90 million would be used for implementation of off-grid projects which would run from 2016 to 2021. Upon completion,...

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