Agricultural Mechanization Department invites open tender for procurement of farm machinery and implements; Submitted Date: Dec 30th, 2015

MINISTRY OF AGRICULTURE AND IRRIGATION DEVELOPMENT OF IRRIGATION AND LAND CONSOLIDATION SCHEMES IN MYANMAR UNDER THE LINE OF CREDIT FROM EXPORT-IMPORT BANK OF INDIA INVITATION FOR OPEN TENDER 1. Sealed bids are invited by Agricultural Mechanization Department (AMD), Ministry of Agriculture and Irrigation (MOAI), the Republic of the Union of Myanmar (hereinafter called the employer), […]

World Bank’s US$100 million credit to Myanmar continues hydroelectric infrastructure development in Irrawaddy River Basin

Some of the 20 planned hydropower plants for Myanmar (formerly Burma), which is located in South East Asia, will be constructed within the Irrawaddy (Ayeyarwady in Burmese) River Basin, according to the Government of the Republic of the Union of Myanmar Ministry of Electric Power (MOEP). Myanmar has numerous hydroelectric projects in development, but last […]

Credit bureau coming

Credit rating is still on track to start during 2014, though delays in gathering data, particularly from small enterprises, are still being faced, industry sources said last week. The Central Bank’s department of financial institutions supervision, with technical support from a Singapore credit corporation, is preparing for the emergence of a credit bureau or rating […]

Myanmar in Talks to Get First Credit Rating

Myanmar is in early-stage talks to get its first credit rating, people familiar with the matter said, paving the way for an eventual debut global-bond sale by a nation still recovering from decades of crippling military rule. A rating would help ensure that foreign investors don’t see the Southeast Asian country as “a black box,” […]

India to provide $150 million to set up SEZ in Myanmar

New Delhi: India has offered USD 150 million of credit for project exports to set up a SEZ in Myanmar and has expressed hope that the neighbouring country would permit Indian banks to set up branches there. The issues came up for discussion during the three-day visit of Commerce and Industry Minister Anand Sharma to […]