KBZ Bank picks up another award for excellence

Kanbawza Bank was named Best Bank in Myanmar by the UK-based financial markets magazine Euromoney at a ceremony in Hong Kong on July 17, following two awards a week earlier from a regional banking association. KBZ chairperson Aung Ko Win and director Nan Lai Kham attended the Awards for Excellence 2014 ceremony to receive the […]

Myanmar Offshore Oil & Gas Tender Winner List

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The Government of The Republic of The Union of Myanmar Ministry of Energy Dated: 26th March, 2014 Selected Candidates and Related Blocks for Myanmar Offshore Blocks Bidding Round-2013 The Ministry of Energy of the Republic of the Union […]

Myanmar Telenor awards contracts to Huawei, Ericcson and Wipro

Ericsson, Huawei and Wipro are likely to work with Telenor for rolling mobile services in Myanmar. Norwegian telecom giant Telenor confirmed that the company has signed memorandums of understanding with China’s equipment maker Huawei, Ericsson of Sweden and India’s Wipro to work in Myanmar to develop a mobile phone network. Formal agreements with these companies […]

Award of major airport contracts offers new clues about Thein Sein government’s approach to doing business.

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Yangon’s still-sleepy international airport has grown increasingly busy amid a growing tourist trade, a flood of Western diplomats and NGOs re-establishing themselves in Myanmar, and planeloads of corporate executives coming to see whether all the changes are real. […]

Telecom tender result delayed

According to the Burmese update on popular Facebook news site Aye Chan Mon : The Myanmar government was planning to announce the winner of the 2 telco licence on 27th of this month. However, at today’s Parliament meeting there is one important motion (proposal) that was submitted that said that the telco licence should only […]

Myanmar Investment Commission approved three private construction companies to build toll roads with BOT system.

Virtue Land, a subsidiary of Asia World Company, Soe Lwin Aung Construction and First Golden Dragon Construction have been given permissions to construct and maintain the roads, as well as collecting toll fee last two month, according to the MIC. Virtue Land will begin charging the toll for new built toll road [it is also […]