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Delayed Permitted Businesses to Receive Govt Assistance
Almost 600 firms have experienced delays getting their businesses off the ground since 1988 despite having received permits from the Myanmar Investment Commission (MIC). Of the 2,723 local and foreign...
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Myanmar President Calls for Reform of Nation’s Military-Drafted Constitution
YANGON (Reuters) – Myanmar’s civilian president called in an Independence Day speech on Thursday for reform of a military-drafted constitution and for justice for all recognized minorities under a...
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Glut in Low-Grade Jade Dampens Sales for Sixth Straight Year
Expectations for better demand and stronger profits among jade traders in Mandalay fell short in 2017. Weighed down by an oversupply of low-grade and a shortage of top-quality stones, sales have...
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Serge Pun goes Where Others Fear to Tread
WHERE others see operational and regulatory risks in setting up businesses in Myanmar, Burmese tycoon Serge Pun sees opportunities – openings that he says wouldn’t fall into his lap in highly...
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Myanmar to Promote Local Gemstones, Jewellery for Higher Value
Myanmar will hold its first value-added gems and jewellery fair at the Lotte Hotel in Yangon between January 11 and 14, according to the Yangon Gems and Jewellery Entrepreneurs Association. The fair...
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Gems and Jewelry Fair Returns to Yangon
YANGON — The international Gems and Jewelry Fair is returning to Yangon this year, nearly a decade after it was last held in the country’s commercial capital. The fair will feature about 100 booths...
View ArticleMyanma Timber Enterprise, Invitation for open tender, Closing Date: 29...
1. Myanma timber enterprise will sell teak & hardwood round logs and sawn timbers by open tenders in us dollars. Particulars of the Open tender sales are as follows: (a) date & time (26-1-2018)...
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Cooling Property Market Expected to Revive This Year
Thanks to the enactment of the New Companies Law and the emergence of bylaws for condominium developments, the country may see an inflow of foreign direct investment (FDI) to reactivate the cooling...
View ArticleTender No.1/2018 for Cathode Copper. Closing Date: 15 February 2018.
(1) Ministry of Natural Resources and Environmental Conservation, No (1)Mining Enterprise Invites to submit the Cathode Copper( 3000) Tonnes Sale open tender quotation in the United State Dollars. (a)...
View ArticleMyanma Railways, Extension of Tender for Track Recording Car. Closing Date 22...
Myanma Railways Extends the Tender Closing Date as follows: Sr No Tender No Description Initial Closing Date & Time Extension Closing Date & Time 1 16/MR/INDIA (E) 2017-2018 Track Recording Car...
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What Myanmar’s Facebook supremacy means for business
Written by Ben Roache The way people use the internet in Myanmar – and, in particular, the dominance of Facebook – has implications for businesses and advertising agencies. IN MYANMAR, Facebook is the...
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Myingyan Combined-Cycle Gas Turbine Power Plant begins Feeding 143MW to...
The Myingyan Combined-Cycle Gas Turbine Power Plant has begun distributing 143 megawatts (MW) to the National Grid, according to a report on January 4 in the Myawady Daily. The Sembcorp Minygyan Power...
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Joint Approach Coming for Low-Cost Housing Projects
Government will enter into join ventures with businesses to stimulate low-cost housing projects on public land, according to the Department of Human settlement and Housing Development. In an effort to...
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Excel KC Myanmar to Provide Payment Services for YBS
Excel KC Myanmar Co has won a tender by the Yangon Regional Government to implement the Yangon Payment Services (YPS) cashless payment system on all Yangon Bus Service (YBS) buses this year. The...
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Myanmar’s MTG DC to Invest US$24 Million in Telecom Tower Business
Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom...
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Beans and Pulses Traders Hopeful to Tap China Market
Beans and pulses produced in Myanmar have long relied on the Indian market, but the industry has started broadening their horizons to another giant market – China, said U Aung Soe, director general...
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More Asian Travellers Expected to Arrive in 2018
Industry players forecast tour packages from Asian markets to jump 25 percent in 2018 and 2019, while arrivals from European countries could dip by almost 20pc for the same period. U Khin Zaw, advisor...
View ArticleMOGE: Invitation for open tender, (1/ 2018), Closing Date: 13 February 2018.
Open tenders are invited for supply of the following respective items in Myanmar Kyats. Sr.No Tender No Description Remark (1) DMP/L-085(17-18) HDD-KSD 25 (Road Boring Machine) Spares (10) Items Ks (2)...
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Yangon to Build $400 Million Elevated Expressway
The Ministry of Construction and International Finance Corporation (IFC) on January 11 signed an advisory services agreement to build an elevated expressway connecting Yangon port, Thilawa SEZ, Yangon...
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Myanmar Takes Small Steps Towards Providing Greater Liquidity for SMEs
A rising number of start-ups as well as small and medium enterprises (SMEs) are emerging in Myanmar as business opportunities rise. However, many companies fail to achieve their full potential and...
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