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Myanma Railways to put Yangon-Mandalay rail upgrade out to tender

THE Ministry of Transport and Communication plans will put a US$2.2 billion Yangon-Mandalay railroad upgrade project out to tender, said an official from Myanma Railways at a workshop on reforming and...

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Rubber farmers replace old rubber trees with high-yield variety

WITH rubber prices declining, some rubber plantation owners have begun felling their rubber trees and selling them as firewood, while some are replacing them with new rubber varieties that have higher...

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REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES– FIRMS SELECTION)...

Assignment Title: Environmental and Social Impact Assessment (ESIA), Strategic Environmental and Social Assessment (SESA) and Environmental and Social Management Plan (ESMP) Monitoring and Reporting...

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REQUEST FOR EXPRESSION OF INTEREST Ministry of Agriculture, Livestock and...

The Republic of the Union of Myanmar has received financing from the World Bank towards the cost of the National Community Driven Development Project. The Department of Rural Development of the...

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At least 12 dead in Myanmar jade mine landslide, many feared missing

YANGON: A landslide in Myanmar’s northern jade mining region has killed at least 12 people and many more are missing, officials said Tuesday (May 24), the latest deadly accident to hit the shadowy but...

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Ministry of Electric Power and Energy to open petrol stations

The Ministry of Electric Power and Energy is planning to cooperate with a foreign company to sell and distribute petrol and diesel fuel to government ministries and will open petrol filling stations...

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India-Myanmar-Thailand trilateral highway agreement soon

NEW DELHI: The dream of a seamless travel in Southeast Asian countries will soon be reality with India all set to sign a strategic trilateral highway agreement connecting India-Myanmar-Thailand via...

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Government to disclose full details on tender projects

According to Yangon Region Planning and Finance Minister Myint Thaung, the details of future tender projects between the government and private companies will be fully disclosed to the public. He said...

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Mandalay to launch own fibre optic network

THE Mandalay City Development Committee (MCDC) is scheduled to launch its own metro fibre network to help the e-government system in cooperation with EAGER Communication Group Co Ltd according to an...

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Daiwa and ACE team up to provide security and technology for YSX

Japanese technology company Daiwa Securities Group will team up with the Myanmar- based ACE Date Systems in providing security and technological assistance to the nascent Yangon Stock Exchange (YSX),...

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KBZ Gateway launches VSAT satellite system

KBZ Gateway Co Ltd, a subsidiary of Myanmar’s KBZ Group of Companies Ltd, launched the new generation Very Small Aperture Terminal-VSAT today to provide high-speed satellite services to customers in...

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Easing of US sanctions on Myanmar to boost trade and investment

THE US Treasury’s tweaking of its Myanmar sanctions this week will boost trade and investment in the Southeast Asian country, and signals support for the mandate of the new civilian government led by...

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Ex-Samsung executive named ambassador to Myanmar

SEOUL, May 23 (Yonhap) — South Korea on Monday named a veteran Samsung salesman as ambassador to Myanmar in a clear move to secure new business opportunities abroad. The Foreign Ministry said it...

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MPPE joins with Puma Energy to distribute jet fuel

The Myanma Petroleum Products Enterprise (MPPE) under the Ministry of Electric Power and Energy is planning to cooperate with National Energy Puma Aviation Services to distribute jet fuel at 11...

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Tender planned for $2b Yangon-Mandalay railway upgrade

A Tender for private companies to work on a US$2.2 billion upgrade of the railway linking Myanmar’s two largest cities will be called at the end of this year, an official said yesterday. Work on the...

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Citizens Bank targets July listing

Myanmar Citizens Bank hopes to become the third company to list on the Yangon Stock Exchange in early July, managing director U Myint Win said yesterday. The bank has met the requirements set out by...

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Thilawa SEZ phase two nears completion

The first phase of the 400-hectare Zone A was finished last September and the second phase is almost complete, said U Thein Han, chair of Myanmar Japan Thilawa Development (MJTD). More than 85 percent...

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New Myanmar government may bring added investor scrutiny

Myanmar’s smooth transition to its first elected government under the National League of Democracy (NLD) has been applauded by the international community and investors alike. In May 2016, the US...

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Brazil sugar flows to Myanmar seen rising as Indian exports abate

Brazilian low quality white sugar flows are expected to increase to Myanmar, believed to be a gateway for sugar smuggled into China, as Indian sweetener exports fall. Surging domestic sugar prices in...

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Partnership With ABS Enables Riedel to Establish Footprint in Myanmar,...

WUPPERTAL, Germany — May 25, 2016 — Riedel Communications has partnered with systems integrator Advanced Broadcast Solutions — Asia Pte. Ltd. (ABS) to extend its reach into Myanmar, a new market for...

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