Myanmar companies looking for JV partners to provide broadband data service
Our Myanmar client is looking for JV Partners. Our client is an IT infrastructure company that has a Network Facilities Service (Individual) licence from the Myanmar Ministry of Communication and...
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Capital Hypermarket to accept Visa cards
Visa has signed with Capital Hypermarket to roll out card payments through domestic CB Bank in the local supermarket’s outlets, according to a February 8 announcement. Local and foreign customers will...
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Ooredoo raises $300 million from IFC, ADB
Ooredoo Myanmar has raised US$300 million through a loan from the Asian Development Bank and International Finance Corporation, to fund the rollout of its network. In an announcement on February 7,...
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Report highlights Myanmar’s aquaculture potential
A new report on Myanmar’s inland fish farms highlights a number of issues preventing the industry from reaching its potential, including land use regulations and a near-monopoly on feed. The study,...
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Workshop on potential for sea bass success
As demand for seafood continues to rise regionally and worldwide, Myanmar has a good chance to develop its aquaculture industry in a sustainable and a profitable way, by investing more into...
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Myanmar Parliament Elects Suu Kyi Ally as Upper House Chairman
Myanmar’s new popularly elected upper house of parliament voted Wednesday in its opening session for an ally of Aung San Suu Kyi to serve as its chairman, bringing the legislature closer to naming a...
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STB sets sights on Myanmar arrivals
THE Singapore Tourism Board (STB) is eyeing Myanmar as an emerging source market and has announced plans to lure more arrivals. Sherleen Seah, area director for Thailand and Myanmar, STB, shared...
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Once-Cancelled Dagon City 1 Project Relocated to New Site
RANGOON — The government has relocated a controversial international development project to a new site after it was suspended seven months ago following a public outcry over its proximity to the...
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Long-awaited Yangon BRT system opens
Dr Maung Aung, chairperson of the Yangon Bus Line Public Company, said: “Currently, we cannot focus on huge profits. For the sustainable development of the BRT system, we have to run it as a public...
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Yangon MPs told to stay clean
Tin Oo, co-founder of the National League for Democracy, has told Yangon regional parliamentarians to place special emphasis on the rules set by the party as the giant city is riddled with corruption....
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20,000 Yangon driving licences revoked
Yangon traffic police say officers at congested junctions are taking action against drivers using the wrong side of the road and have revoked more than 20,000 driving licences for violations. Major...
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FDA Opens Investigation into Nearly a Dozen Coffee Factories
RANGOON — Burma’s Food and Drug Administration (FDA) has opened an investigation into nearly a dozen coffee factories in Rangoon over rumors of malpractice. A joint committee formed last year by...
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Automobile Service Centre Hopes to Revitalise Insurance Sector
The Tokyo Auto Service Japan Co Ltd, an automobile service centre that will not only repair damaged vehicles but also provide automobile insurance services, opened its doors in Yangon. The company...
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2017 EITI Report Aims for Full Membership
Myanmar submitted its first Extractive Industries Transparency Initiative (EITI) report at the beginning of January which included reports on the oil and gas, jade, gems and mineral sectors....
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MOEP Eyes to Provide Electricity to 230,000 More Households by 2017
The Ministry of Electric Power (MOEP) said it will provide electricity to roughly 230,000 more households in the country by 2017. “We are implementing this according to National Electrification Plan....
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Tiger and ABC Extra Stout Brands Return to Heineken after Two Decades
Two beer brands – Tiger and ABC Extra Stout – have returned to the Dutch beer maker Heineken’s portfolio of brands from the military-owned Myanmar Brewery Limited (MBL). The two brands were produced...
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Microsoft Discusses Cybersecurity, Cloud Computing with Local Entrepreneurs
Microsoft recently hosted a series of workshops and seminars for local business leaders and entrepreneurs, sharing emerging trends in technology and discussing how technology innovation can help local...
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Over 20 Awards Up for Grabs at Myanmar Property Awards 2016
More than 20 awards will be dished out at the Myanmar Property Awards 2016 ceremony, organisers of the event said. The awards for this year will be given in condominium, housing, hotel, resort,...
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Tritone Towers Puts Its Residents Above The Rest
South Korean conglomerate Hanwha Corp is making headway in their project to build a massive three-tower inclusive community called Tritone in the 8-mile area of Yangon. While the construction may be...
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Chevrolet Launches Colorado High Country for Wealthy Yangon Urbanites
Chevrolet, a division of American automaker General Motors, has launched its new Colorado High Country model in Myanmar to cater to the premium segment of a largely urban target market in the country....
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