Dealers stop selling dollars

US dollars are only available on the black market as domestic banks and official currency exchange counters with licences from the Central Bank of Myanmar (CBM) have stopped selling. Ko Thiha, a trader at Yuzana Plaza and Mingalar market, said: “It’s been a month since I could buy dollars at the government’s official exchange counters. […]

Two more firms allowed to offer insurance services in dollars

The government has allowed two more companies namely, First National Insurance Co Ltd and Aung Thitsar Oo Co Ltd to offer their insurance services in US dollars after inspecting their capital is free from black MONEY. First National Insurance is owned by tycoon Tay Za’s Htoo Group and Aung Thitsar Oo belongs to military-owned Myawaddy. […]

Myanma Petroleum Products Enterprise to invite open tender (3/2014); Closing Date: September 18, 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Ministry of Energy Myanma Petroleum Products Enterprise Invitation for Opened Tender (3/2014) 1. Open tenders are invited for supply of the following respective items in Myanmar Kyats and United States Dollars (CIF Yangon). Sr.No Tender No Description Qty […]