Contract farming to begin in Ayeyawady, Bago, Yangon and Mandalay

Contract farming will begin on 60,000 acres in Ayeywady Region, and 30,000 acres each in Bago, Yangon and Mandalay totaling about 150,000 acres during the upcoming rainy season, said Ye Min Aung, general secretary of the Myanmar Rice Federation (MRF). Rice millers, rice merchants and rice companies can put forward contract farming planS to the […]

Commit-and-Act Approach Expected Among Investors

Despite the 30 percent drop in FDI compared to the preceding year, the inward FDI in the financial year 2016-17 was moderately satisfactory, with US$6.6 billion. That amount mainly derived from the transport and communications sector. The sector alone attracted US$3 billion FDI, making it the top sector in terms of FDI. However, it is […]

Myanmar, Netherlands Plant Seeds of Accord

Myanmar and the Netherlands have planted the seeds of cooperation to develop the local agricultural sector, especially the development of high yielding crop seeds. A ceremony to mark the program was held in Nay Pyi Taw on Tuesday, which sees the Netherlands sharing its vast research and development in seed technology with Myanmar, whose economy […]

China’s climate aid flows into Myanmar

Than Bayar Khon village sits nested in the foothills of the Bago Yoma forest in central Myanmar. The low mountains, once heavily forested with teak and valuable tropical timbers, are now rapidly balding. Despite being only a few kilometres from the major highway connecting the port city of Yangon with the capital Naypyidaw, the three […]

Fiscal Year 2017-18: a New Dawn for Economic Policies

​​ The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. A developing […]

Myanmar’s toxic legacy of large dams

The country’s first strategic environmental review provides a chance to demand more from investors and dam builders, but is still being seen as too little, and leading to fierce resistance by marginalised communities. In September spectacular drone footage revealed the beauty of the waterfalls, rapids, ancient temples and islets of the Nam Pang River, a […]

KBZ Gateway Announces 200 Bank Branches Connected Via Satellite

​​ KBZ Bank has hooked up 200 of its branches to sat­ellite technology to speed up transactions and help the company with its e-commerce push. Its subsidiary KBZ Gate­way has installed Very Small Aperture Terminal (VSAT) technology, which enables communication via satellite, at its branch­es across the nation. KBZ, the country’s larg­est lender, recently reaf­firmed […]

MIC divides country into three categories

The Myanmar Investment Commission has established three development categories, offering different income tax exemptions depending on the level of development. Under the Myanmar Investment Law, the least developed zones include 14 townships in Kachin State, seven each in Kayah and Kayin, nine in Chin, 35 in Sagaing Region, four in Tanintharyi, five in Bago, 13 […]

Invitation for Price Quotations for 35 Diesel Generators by Department of Rural Development. Closing Date 24 Mar 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) towards the cost of the National Community Driven Development Project (NCDDP). The IDA N° of the financing agreement is N° H814MM. The […]

Invitation for Bids for Supply of Solar PV System for National Electrification Project

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Myanmar National Electrification Project Credit No. 5727-MM Contract Title: Supply, Installation and Maintenance of Solar PV System for Households and Public Facilities Reference No. S&I – 2 (12 lots) 1. The Government of Myanmar has received financing […]