Impoverished Chin sees little progress in drawing investment

Long plagued by poor road connectivity and the absence of power infrastructure, Chin has not succeeded in securing investments to develop the region thus far, but opportunities in tourism, energy and agribusiness abound. According to the “Opportunities and Challenges for Local Business Development in Chin State” report issued by the Gender and Development Institute of […]

Watch out for Kyaukpyu port and China-Myanmar Economic Corridor

The port will give China access to the Bay of Bengal and cut short almost 5,000 km of sea route. Last year on 19 November, China’s Ministry of Foreign Affairs revealed that during his meeting with the State Counsellor and Foreign Minister Aung San Suu Kyi in Nay Pyi Taw, Foreign Minister Wang Yi proposed […]

Mangosteen PR, Dugro, Myanmar Times launch Myanmar’s first-ever moving photo release

The growing up milk brand, and Myanmar Times combined to launch the country’s first app-assisted photo release published in The Myanmar Times Daily on November 20, 2018. The video-photo release, a hybrid-media platform reminiscent of newspapers seen in Harry Potter movies, uses the iSmart Photo app—an online application that utilizes coding technology to identify a […]

International MPU Union Pay electronic payment card introduced

MPU Union Pay Platinum electronic payment card which can be used in foreign countries was introduced on November 27. Gary Von, Executive Vice-President, Head of Consumer Banking, said that this payment card could be used at 2.6 million ATMs in over 170 countries and territories across the world. He said, “We are very much proud […]

Invitation for Request for Proposal (RfP): Consulting work in Telecommunications. Closing Date 28 Dec 2018

Ministry of Transport and Communications (MoTC) now invites eligible consulting firm to submit the Financial and Technical proposals for “Provision of Consulting services to verify the Network Performance of the Mobile Operators’ Networks as part of the Telecom Sector Reform Project supported by the World Bank’s Loan . The deadline for submission of RfP is […]

Empowering small businesses via e-commerce –

Poor road infrastructure and rampant illicit trade have long prevented small businesses in Myanmar from reaching out to the wider consumer market. But an e-commerce start-up is determined to break these barriers and promote economic inclusion by providing an online platform for those sellers and merchants. In other words, it is to make e-commerce work […]

Memories bets on tourist boom in Myanmar

ONE of Myanmar’s most well-known tycoons, and dubbed “Mr Clean” for his business dealings, Serge Pun finds magic in creating something from nothing. “I love the challenge of building something from scratch, like taking a barren tract of land, and sculpting it into a sprawling golf course or a beautiful residential estate,” said the executive […]

Industry signs agreement on helping to boost automotive sector

The European Chamber of Commerce Myanmar (EuroCham) and local industry organisation Automotive Association Myanmar (AAM) have signed an agreement to cooperate on efforts to advocate for a stronger automotive industry in Myanmar. The agreement signed by EuroCham’s Automotive Advocacy Group and AAM last week is expected to work on suggestions for the government to help […]

Villagers Support Dawei SEZ Resumption but Demand Fairness

YANGON—Villagers residing on the site of the initial phase of the Dawei Special Economic Zone (SEZ) in Tanintharyi Division cautiously welcomed a recent agreement by Thailand and Myanmar to resume the project’s initial phase and upgrade a highway leading to the location, saying their homes are almost entirely lacking in basic services. Early this month, […]

Invitation For Open Tender, The Republic Of The Union Of Myanmar, Ministry Of Electricity And Energy, Myanma Oil And Gas Enterprise, Closing Date 26.12.2018

Open tenders are invited for supply of the following respective items in United States Dollars and Myanmar Kyats. Sr. No. Tender No. Description Remark a. IFB-035(18-19) Spare for VSAT (1) Set US$ b. IFB-036(18-19) 6” and 4” ERW Steel Line Pipe (2) Items US$ c. DMP/L-139(18-19) NDT Services for 20” Domestic Natural Gas Pipe Line […]