Myanmar Tax Office: EOI for Individual Consultant-Translator cum, Interpreter for Medium Taxpayer Office, Internal Revenue Department (IRD), Yangon, Closing Date: 30 April 2018.

REOI No: MPFMp/A-C324 Closing Date: 30 April 2018 The project is seeking to recruit a national Translator cum Interpreter to support its work in the area of modernization of its tax functions. The translation services is to assist the IRD in translating documents from English to Myanmar and from Myanmar to English documents, and interpretation […]

More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone

More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone Sawako Utsumi and Lee Jay Walker Modern Tokyo Times Increasing numbers of Japanese companies are investing in the Thilawa Special Economic Zone (SEZ) in Myanmar. Of course, this SEZ is especially important for Japan because it highlights the importance of Myanmar to political elites […]

After winter gas crunch, China pumps for underground storage

CHONGQING, China (Reuters) – On one of the many mountains in southwest China’s sprawling region of Chongqing, a dozen wells in an exhausted gas field are this week starting to take in fresh fuel piped in from Central Asia’s Turkmenistan, thousands of miles away. For the next six months, state energy giant PetroChina, operator of […]

Business Matters: Ivan Pun

The serial entrepreneur and creative visionary sits down with Generation T Business Matters is a regular series where entrepreneurs share what matters to them. Generation T lister Ivan Pun has reputation for being a consummate host and the life and soul of the party. But don’t mistake him for a party boy. The hardworking Hong […]

Closing the global and national digital divide

In the last couple of decades, the “digital divide” was narrowly defined by people’s access to the internet. Myanmar, of course, had very poor internet connections as recently as six years ago. In 2012, this country’s internet penetration was a mere eight percent of the population. In 2018, with four mobile phone operators in a […]

Can family businesses be transparent?

I agree that family businesses are the bedrock of the global economy,” says a friend who works in a multinational corporation. “Our company started as a family business in the United States a century ago.” “But the problem with many family businesses in Asia is they are veiled in secrecy,” she adds. “They are so […]

Social Security Board Information System Tender: Postponement of Tender Submission Deadline to 31 May 2018

1. Social Security Board has announced the open tender to implement the Social Security Board Information System for promoting the employer and employee registration process, contribution collection process, medical services provision process and benefit and claims management process on national newspapers from 17-3-2018 to 20-3-2018 and the tender proposal (RFP) submitting date was already defined […]

Myanma Railways: Invitation to bid to supply Passenger Coaches. Submission Date: 5 June 2018.

Tender No: 1/MR (MC)/EDCF (MYA-9)/2018-19 Date: 20th April, 2018 Invitation for Bids (IFB) 1.Myanma Railways invites sealed bids from eligible bidders for Procurement of 100 Nos. Passenger Coaches. Only Korea Companies can be participated under EDCF Loan Agreement No.MYA-9 by Export-Import Bank of Korea. 2.Bidding will be conducted through Competitive Bidding (CB) procedures specified in […]

IRD will reward those who lodge complaints on businesses that fail to pay tax

The government is raising its efforts to collect taxes from commercial enterprises. Last week, the Internal Revenue Department said it will reward those who provide information on establishments that fail to collect commercial taxes, according to state media. Under the law, consumers who buy goods and services in Myanmar are liable to pay commercial taxes. […]

Myanmar insurance industry poised for reform, awaits liberalisation

Insurance providers in Myanmar can expect a more competitive and promising landscape on which to do business in the near future. With market liberalisation, which will enable firms to offer a wider variety of insurance products, on the government’s agenda, local and foreign providers alike have already started training staff and building management and IT […]