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Coffee entrepreneurs seek success in Myanmar’s poorest state

Young people from Myanmar are starting businesses to escape poverty in Chin, the country’s poorest state in Southeast Asia’s least developed country. Chin is a mountainous state in western Myanmar. Its per capita gross domestic product was around 760,000 kyat ($500 at the current exchange rate) in 2017, only about a quarter that of Yangon, […]

Impoverished Chin sees little progress in drawing investment

Long plagued by poor road connectivity and the absence of power infrastructure, Chin has not succeeded in securing investments to develop the region thus far, but opportunities in tourism, energy and agribusiness abound. According to the “Opportunities and Challenges for Local Business Development in Chin State” report issued by the Gender and Development Institute of […]

Govt explores possibility of cement plant in Chin

The Ministry of Natural Resources and Environmental Conservation (MNREC) is inviting expressions of interest (EOI) from foreign and local investors to conduct detailed feasibility studies and measurement of limestone deposits before considering the setting up of a cement plant in Chin State. The proposed site for the project, covering some 4300 hectares, is located in […]

India, Myanmar sign MoU towards Sittwe Port operationalisation

NEW DELHI: India and Myanmar signed an important MoU on Monday for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India’s Act East Policy. Following this MoU the process […]

Ministry of Electricity and Energy invites bids for Installation of Distribution Lines and Transformers, national electrification project, submission date: 1 November 2018.

Specific procurement notice Date : 28th September, 2018 Invitation for Bids IDA, Credit No 5727-MM Contract Title Installation of Distribution Lines and Transformers for Sagaing, Magway, Chin, Magway, Rakhine, Bago (West), Bago (East), Kayin & Mon For National Electrification Project Reference No MOEE-NEP/C1-W2/18, MOEE-NEP/C1- W3/18 & MOEE-NEP/C1-W6/18 1. The Republic of the Union of Myanmar […]

Government drafting policy on exporting maids

The Myanmar Ministry of Labour, Immigration and Population is currently drafting a policy regarding sending Myanmar workers abroad, Minister U Thein Swe told The Myanmar Times on International Labour Day on Tuesday. “We will send domestic workers abroad according to our new policy,” the minister said. He added that the ministry is committed to assisting […]

Average inflation rate hits 4.03 pc in March

The average inflation rate in March was 4.03 per cent, with the highest rates reported in Rakhine and Mandalay and the lowest in the Union Territory, according to the figures released by the Central Statistical Organization. Until March of this year, the average inflation rate in Kachin was 5.27 per cent, 4.21 per cent in […]

Myanmar calls for travel support

BERLIN, 7 March 2018: Myanmar Tourism Marketing has urged European tour operators to support tourism in the country and be leaders in sustainability by continuing to engage with Myanmar. They were speaking at a press conference on the opening day of ITB Berlin, Wednesday. The agency, made up of private and public sector organisation, promotes […]

National electrification project Invitation for Bids. Closing Date 12 Dec 2017

Date: 23rd October, 2017 Specific Procurement Notice IDA Credit No. : 5727-MM Contract Title: Surge Arrester, Fuse, Transformer Accessories, Medium Voltage Cable & Low Voltage Cable (Accessories) for National Electrification Project Reference No. : C1-G6 1 The Ministry of Electricity and Energy has received financing from the World Bank toward the cost of the National […]