Audit of ITD’s spending in Dawei due this month: official

A financial audit on Italian-Thai Development Plc’s spending in the Dawei Special Economic Zone (SEZ) will be concluded by the end of this month, according to the transport ministry. A high-ranking official at the ministry said the global auditing firm Ernst and Young would submit its final report on ITD’s investment in the SEZ this […]

Investors Needed to Link New Hanthawaddy Airport to Yangon

Financial backing from the private sector is needed to link Burma’s proposed new international airport at Hanthawaddy with Rangoon, the country’ biggest city, government officials said. “We propose a highway and a high-speed train to Yangon,” Kyaw Soe, an official at the Department of Civil Aviation, told The Irrawaddy. Unable to put a number on […]

Taking the Pulse of Myanmar’s Bean Business

Each morning the floor of the Bayintnaung commodity exchange center in northern Rangoon is jammed with traders and middlemen and buyers looking for the latest prices and deals for some of Burma’s agricultural produce. Famously Burma was once the world’s biggest rice exporter, a position long-lost due to the decades of economic mismanagement under the […]

Korea’s Incheon International Airport Corp wins Myanmar airport project

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Incheon International Airport Corp leads a group picked as the preferred bidder on Myanmar’s new US$1.1 billion (34 billion baht) air hub, the latest in a series of global deals as the Southeast Asian nation opens itself after […]