The Thilawa Special Economic Zone Management Committee said it plans to invite foreign developers to set up a smart city in the Thilawa SEZ. Japan has proposed drafting a master plan for the project, and the plan is expected to be finished within this year. The proposal came up during a workshop on Implementation of […]
Keeping the menorah burning in Myanmar
January 23, 2019 by
The corner of MahaBandoola and 26th Street bustles with food service, tightly packed fashion stores, teashops and vendors. The cars squeeze by as people weave their way up and down on their daily business. The place is thriving all day, busy enough that unless you knew what you were looking for, you could easily miss […]
Garment industry in Laos continues to face challenges
January 23, 2019 by
Apparel firms in Laos are facing several problems ranging from shortage of skilled labour to survival, according to the Association of the Lao Garment Industry. Customers want quality and the manufacturers have little power to bargain the buying prices as their costs rise, association president Xaybandith Rasphone told its eighth general assembly last month. Shortage […]
MOEE to drill for natural gas in Magwe
January 23, 2019 by
A test oil well will be drilled in Myaing township, Magwe Region to determine the presence of oil or gas, U Nyan Tun, deputy managing director from Myanmar Oil and Gas Enterprise (MOGE) , said during the Ministry of Energy and Electricity’s (MOEE) month press conference yesterday. It will be the first time a test […]
China faces backlash as it bids to rekindle stalled US$3.6 billion Myitsone Dam project
January 21, 2019 by
Political and religious leaders in Myanmar’s Kachin state have hit back at apparent efforts by Beijing to breathe new life into a controversial China-funded dam project as the Southeast Asian nation comes under fire from the West over its treatment of the Rohingya Muslims. In a joint statement released on Monday, three ethnic Kachin political […]
Zingo Myanmar raises fund to expand
January 21, 2019 by
Ko Shwe Ventures, the Singapore firm behind oral healthcare product Zingo, announced that it had raised US$350,000 of initial seed financing from international investors to launch the product across Myanmar. Zingo is a range of oral healthcare products specially designed to address the effects of consuming quid or betel nut. In Myanmar, about 40 percent […]
Chinese Firm Proposes $1.5-bn Elevated Railway for Yangon
January 21, 2019 by
YANGON—China is looking to make further inroads into Myanmar’s economy by funding a US$1.5-billion elevated railway project in the country’s commercial capital, Yangon. China Railway Eryuan Engineering Group Co., Ltd (CREEC) made a presentation about its planned project to develop an elevated railway to lawmakers in a media room in the regional parliament on Monday. […]
Myanmar to introduce card payment system with buses operating in Yangon
January 21, 2019 by
YANGON, Jan. 17 (Xinhua) — Myanmar’s Yangon Bus Service (YBS) is projecting to implement a card payment system to replace the present cash box system to facilitate passengers in taking buses, the official Global New Light of Myanmar reported Thursday. Within the next nine months, the YBS is planning to change the present system to […]
Request for Expression of Interest, Consulting Services for the Agricultural Development Unit (ADU), Contract Ref: AFD-02, Deadline 20.2.2019
January 18, 2019 by
The Government of the Republic of the Union of Myanmar has received a financing from the French Development Agency (AFD) for the Irrigated Agriculture Inclusive Development Project (IAIDP), and intends to use part of the funds thereof for payments under the following contract package: Consulting Services for the Agricultural Development Unit (ADU). The Consultant services […]
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