Over 60% of European-Run Firms in Myanmar Hurt by COVID-19: EuroCham Survey

YANGON—Amid an overall economic slowdown in Myanmar, the EU Chamber of Commerce’s latest survey revealed that more than 60 percent of its member companies in the country have already been either significantly or moderately affected by the COVID-19 global pandemic. It forecast revenue losses of 30 percent to above 50 percent, with small and medium-sized […]

Baby brand Kyarlay gets $750K investment boost

Yangon-based baby products start-up Kyarlay this week raised US$750,000 from two growth funds looking to expand their investment in Myanmar. Kyarlay, an e-commerce and delivery provider specialising in baby products, sold equity stakes to Emerging Markets Entrepreneurs and United Managers Japan Inc. It did not disclose the amount of the shareholdings. Kyarlay was founded last […]

In Myanmar, the ‘cure’ for COVID could be deadlier than the disease

A walk through Yangon’s Chinatown on the weekend offered little sense of an impending crisis. Fruit vendors lined the street, taxis revved and honked, young couples walked hand-in-hand, and the outlines of distant high-rises were smudged by air pollution. The changes were scattered and easily missed. Latha Township’s popular Cherry Mann kebab shop only offered […]

Smart parking project temporarily suspended

The pilot project for Yangon’s smart parking system has been suspended temporarily due to the outbreak of COVID-19, said Daw May Maw Thway, a Yangon City Development Committee (YCDC) member. “We suspended the project due to health and safety reasons during the COVID-19 outbreak, as people were supposed to volunteer for the project. We’ll be […]

Invitation to open tender – Myanma Railways Wheel Steel ; Deadline : 29th April 2020

MINISTRY OF TRANSPORT AND COMMUNICATIONS MYANMA RAILWAYS INVITATION TO OPEN TENDER Sr No Tender No Description 1. 12(T)32/MR(ML/RBE Euro/19-20 Wheel Steel Forged for RBE(240) Nos  Closing Date & Time- 29.4.2020 (Wednesday) (l4:30) Hrs 2. Tender documents are avilable at our office starting from 30.3.2020 during office hours and for further detail please contact: Deputy General […]

Law against hoarding or price gouging of essential medical supplies & consumer goods during the COVID19 pandemics

Republic of the Union of Myanmar Ministry of Commerce Notification 21/2020 Republic of the Union of Myanmar Ministry of Commerce Notification 21/2020 7th Waxing of Tagu, 1381 ME (30 March 2020) This notification is issued in exercise of the power set out in the Notification No 26/2020 of the Union Government dated 30 March 2020. […]

Ex-Oway Director’s e-commerce app Ezay makes life easy for rural woman retailers in Myanmar

Ezay connects ‘mom-and-pop’ shops with wholesalers in Myanmar, and products delivered the same day or the next day Kyaw Min Swe’s sister runs a small retail shop in Nattalin in the rural Bago region in Myanmar. Seeing her struggles in getting stock to the shop and having to constantly ask her spouse for help, Min […]

Mandalay travel blogger sets her mark on social media

Dr Htet Ei Ei Win has been an active travel blogger based in Mandalay sharing travelling related contents via her Facebook page ‘Travelled by HEEW- HtetEi’. Recently, her videos on Eagle-race and Gaw Yin Gyi Island have gained much attention from Mandalay locals. Htet Ei is considered an important travel figure who resides in Mandalay […]

Plenty of Food Delivery Options for Yangon Residents Practicing Home Quarantine

Schools, cinemas and some work places were ordered closed indefinitely last week due to the coronavirus outbreak. The regulation has left the city quiet as people opt not to go out and start to observe social distancing and self-quarantining. Self-isolation at home is advisable to keep yourself and your family safe, and to help limit […]

JICA continues to support Myanmar: new chief

The Japanese development agency will continue to support Myanmar’s infrastructure and economic development, its new chief said. The Japan International Cooperation Agency (JICA) will continue to promote private investment, infrastructure development, education and human resource development in Myanmar, said Sakakura Noriji, the new Chief Representative at JICA Myanmar. The agency signed loan agreements totalling 120.9 […]