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Australian Firm Seeks to Reassure Locals on Gas Drilling off Rakhine

YANGON—Australian energy giant Woodside is stepping into war-torn Rakhine State with a plan to begin drilling in two oil-and-gas blocks in the Bay of Bengal. This week the company sought to reassure residents in southern Rakhine State’s Kyaukphyu that there was a need for the projects, citing the potential economic benefits and pledging to minimize […]

Australian & Japanese Chamber Business Networking Event at Belmond Governor’s Residence, 4 October 2018.

AustCham Myanmar is proud to join together with the Japanese Chamber of Commerce Myanmar to co-host a Myanmar Market Update followed by networking drinks. We are very pleased to announce that both the Japanese Ambassador to Myanmar, H.E. Mr. Ichiro Maruyama and the Australian Ambassador to Myanmar, H.E. Mr. Nicholas Coppel will attend and provide […]

PanAust Secures New Exploration License in Myanmar

PanAust is pleased to announce that it has secured three new exploration licenses in Myanmar on Thursday 5 July 2018, following approval by the Government of the Republic of the Union of Myanmar on 21 June 2018. The licenses are the first awarded under the Myanmar Union government’s new mineral regulations. PanAust’s headquarters is in […]

Mandalay taps British expertise for higher education

MANDALAY, Myanmar’s second largest city, is expected to become the country’s northern economic hub over the next two years. Yet, skills and talent in the city still lags behind Yangon and many cities in ASEAN. The brain drain and skills shortage are dragging its economic growth. But Ko Ye Tun Min, founder of the Mandalay […]

Joint Networking Event, New Zealand Thai Chamber of Commerce and Australian-Myanmar Chamber of Commerce , 14 Sep, 9am at Yadana Ballroom, Park Royal Hotel

The New Zealand Thai Chamber of Commerce and Australian-Myanmar Chamber of Commerce will host a joint networking event. To Importers, Exporters, Brokers and Freight Forwarders We would like to invite you to learn more about taking advantage of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA). The agreement opens up and creates many new opportunities for […]

Invitation for Bids (IFB) for Supply of Core Banking System for Myanmar Economic Bank. Prebid Meeting 31 May 2017.

Subscribe to our tender alert mailing list   Modernization of Public Finance Management Credit No. 54020-MM/Grant No. TF017910 IFB No: MPFMp-ICB-IS2S-C2-IS218 IFB Title: Supply, Implementation and Support of a CORE Banking System (CBS) and related linkages for Myanma Economic Bank. 1. The Government of the Republic of the Union of Myanmar has received financing in […]

IFC launches its sustainability guidelines in Myanmar language

The International Finance Corporation, a privatesector arm of the World Bank Group, last week released a Burmeselanguage verฌsion of its Performance Standards on Environmental and Social Sustainability. The publication is a set of eight internationally recognised norms that guide companies and governฌments on identifying and managing environmental and social risks to achieve sustainability. Bernard Sheahan, […]

Pocket change: Myanmar banks on mobile money

YANGON – Carrying her wages in wads of cash across Myanmar was once a risky, onerous but unavoidable ritual for maid Khin Myint Oo. But now she just pings off a text to move the money to her children back home as mobile banking sweeps into a country whose people have for decades been locked […]

Woodside to Drill At Least Four Wells Off Myanmar in 2017

Australian energy company Woodside said it is planning to boost its drilling campaign offshore Myanmar with the potential commercial viability of recent gas finds in the area. Earlier this year, Woodside discovered 32 metres of net gas pay in the Myanmar Block A-6 Shwe Yee Htun-1 exploration well and 62 metres net gas pay in […]

Myanmar’s golden pearls outshine rivals

NAYPYITAW — Hillary Clinton wears them, and so does Aung San Suu Kyi. They nearly disappeared for decades under military rule, but the world’s most sought-after pearls are once again to be found in Myanmar. Two international auctions this year — in Hong Kong in March and Naypyitaw in late June — saw traders bid […]