France to power Myanmar with environmentally friendly electricity from river currents in rurals

France is to provide technical assistance with sourcing an electricity supply from river currents for distribution to rural regions of Myanmar, according to the Sein Lan Ami-Myay Development Organisation. “The French will provide the technical support for electricity from natural river currents. It won’t damage the environment. It’ll also help fulfill to satisfy electricity demands,” […]

Yangon factory repairs ATR aircraft for the first time

A maintenance facility in Yangon has repaired an ATR aircraft from Myanmar National Airlines, marking a first for a Myanmar-based facility, sources from the airline said. Previously, airlines based in Myanmar had to send their aircraft to Malaysia or Singapore for repairs as Myanmar lacked aviation engineers, mechanics, tools, specialised equipment and advanced technologies. The […]

Myanmar company with over 100 hectares of agricultural and plantation land looking for JV Partner

Our client a Myanmar company owns over 100 hectares of agriculture and plantation land in Myanmar. Currently our client is only utilizing 20% of the land that they own for producing fruits and vegetables as they are only supplying to the domestic Myanmar market. The client is also doing food processing and canning and the […]

Energy dilemma

Myanmar needs oil and gas revenue to spur its economy and new discoveries to feed its growing energy appetite, but low oil prices could bring cutbacks in exploration. Myanmar is bracing for a rougher ride after a few years of giddy economic expansion as foreign direct investment slows amid falling oil prices and global uncertainty. […]

Foreign firms bid for telecoms contract

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. An international telecoms firm will be chosen at the end of the month to partner with a nationally owned public company to form Myanmar National Telecoms, a fourth telecoms operator. “Applications closed on January 8 and received seven […]

Shortlisted companies for Yangon railway project announced

Myanma Railways yesterday announced the shortlisted companies for the Yangon railway multi-purpose development project, according to state-owned media. Myanma Railways, under the Ministry of Rail Transportation, invited bids for a mixed-use development project on 63.622 acres of land. Among the 15 shortlisted contenders are companies from the US, Italy, France and the UK. A total […]

Overwhelming interest for Yangon Railway Station plot

Yangon – More than 70 local and foreign companies have submitted their expression of interests to develop the land plot surrounding the Yangon Central Railway Station, according to Myanmar Railways. An anonymous source from the tender scrutinising committee said that their bids would be shortlist and the result would be announced in the second week […]

MNA to open new route to Bangkok four times per week

Myanmar National Airlines (MNA) is planning to fly to Bangkok with a new ATR aircraft four times a week starting from February 20. The airline will introduce a new flight schedule with flights to Chiang Mai two times a week starting from February 26. At the present, MNA offers regular flights to 26 cities, plus […]

Number of tourists visiting Mandalay rises by 26%

The number of tourists visiting Mandalay, the second largest city in the country, was 242,566 in 2014 and it rose to 306,432 in 2015 which is a 26% increase, the Mandalay Hotel and Tourism Department said on 9 January. Most of the tourists were from China, Thailand, France, Germany and the United States of America. […]

Myanmar on the way to hit record 4.5 million arrivals

MYANMAR’s Ministry of Hotels and Tourism is expecting tourist arrivals in 2015 to reach 4.5 million, which will surpass its previous records of 2.1 million visitors in 2013 and 3.8 million last year. From January to September this year, Yangon alone recorded 759,181 arrivals, representing a 25 per cent increase from the same period last […]