Construction work resumes, under strict conditions

Many construction projects in the Yangon Region have resumed after being given the all clear from the government, but have been reminded to follow the Ministry of Health and Sports’ guidelines. Construction companies which do not abide by the ministry’s instructions will be shut down, according to an announcement by the Yangon Region Construction Inspection […]

With an eye on China, India gifts submarine to Myanmar

NEW DELHI/YANGON — Taking their bilateral defense cooperation to new heights, India is giving a Soviet-era Kilo-class submarine to Myanmar, a move that many analysts see as an attempt by New Delhi to counter China’s clout in the region. The diesel-electric submarine, the INS Sindhuvir, which was commissioned to the Indian Navy in 1988, has […]

MOHS allows factory workers from stay-home townships to resume work

Workers from factories and companies in Yangon have been allowed to go back to work since October 22, according to the Ministry of Health and Sports. The announcement released on October 25 stated that workers in Yangon, Mandalay, Bago and Ayeyarwady regions as well as Mon State were able to resume work starting October 22 […]

Myanmar’s ThitsaWorks bags funding from BOD Tech Ventures to scale operations

ThitsaWorks, a digital solutions provider for microfinance institutions (MFI) in Myanmar, has bagged an undisclosed amount of minority investment from early-stage venture capital firm BOD Tech Ventures. The new funds will allow the company to further scale their operations as well as working with the country’s financial institutions to provide credit access to farmers who […]

Construction work to resume in Yangon with new rules

Construction work in Yangon, which has been halted since the third week of September, will be allowed to resume if it follows new rules, said the Yangon Region Construction Inspection Committee. “Construction projects in Yangon Region will have to report to the committee and after inspection, they will be allowed to resume if they are […]

Saudi Arabia blocks Myanmar fisheries products at its ports

Saudi Arabia has seized around 30 containers of Myanmar fisheries products at its ports, said U Ye Min, a member of the Myanmar Fisheries Products Processors & Exporters Association. He said the Saudi authorities would not permit the products to enter the country and the containers have been left at the ports. The fisheries in […]

Rice prices rise in Yangon as COVID-19 restrictions squeeze supply

The volume of rice available for trade has fallen substantially since March, when COVID-19 first broke out in Myanmar, said U Than Oo, secretary of the Bayint Naung Wholesale Center. “Rice produced for domestic consumption and exports have declined. Yangon has not been receiving the same amount of volumes for exports like before,” he said. […]

Govt extends factory restrictions to Oct 21, Yangon govt office under lockdown

The government has extended restrictions requiring Yangon cut-make-pack (CMP) factories to remain closed for another two weeks as the number of COVID-19 positive cases are still increasing in the commercial capital. The Ministry of Health and Sports issued announcement 113/2020 stating that it will be extending a ban on CMP factory workers in Yangon Region […]

Chinese companies dominate Myanmar solar tender

When bids were opened in Myanmar’s 1.06 gigawatt solar power tender on 9 September, a few names were repeated over and over: Sungrow Power Supply Co Ltd and China Mechanical Engineering Corporation, State Power Investment Corporation, China Gezhouba Group and Xian Longi Clean Energy Co Ltd. In the end, all but one of the winning […]

Businesses in Myanmar urged to register trademarks in line with new law

Business owners should register their trademarks in line with the Trademark Law to streamline the process of shifting from the first-to-use system to the firstto-file system, the Ministry of Commerce (MOC)announced on August 28. The first-to-file system grants trademark owners the right for registration of the mark to the person who files his application under […]