Two state hotels tendered, again

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The Ministry of Hotel and Tourism has conducted a new tender for Thiri Myaing Hotel in Pyin Oo Lwin and Chaungtha New Beach Hotel. The tender was announced in state-run media on October 17. Two bids were received […]

Strict Lending Rules Limit Growth of Hire Purchase in Myanmar

Hire purchase is failing to catch on in Burma due to strict Central Bank rules limiting the length of credit agreements and demanding large amounts of paperwork from consumers, observers said this week. After private banks began to prosper in the country once again in 2010, there were signs a hire purchase market would take […]