YANGON, Oct. 28 (Xinhua) — The European Union (EU)’s probable withdrawal of its Generalized Scheme of Preference (GSP) will not impact the foreign investment flow in Myanmar, the official Global New Light of Myanmar quoted an investment administration official as saying Sunday. This will be due to the fact that EU countries have never been […]
EU’s withdrawal of GSP not to affect foreign investment flow in Myanmar: official
Request for expressions of interest, Ministry of Agriculture, Livestock and Irrigation, Department of Rural Development, submission date : 28 November, 2018.
National Electrification Project (IDA Project No. P152936) Assignment Title: Solar PV Inspection and Verification Agent (IVA 3) (Reference No: C2-TA32) The Republic of the Union of Myanmar has received financing from the World Bank toward the cost of the National Electrification Project (NEP), and intends to apply part of the proceeds for consulting services. The […]
Myanmar targets FDI from East Asia in long-term investment plan
Myanmar is gunning for more foreign direct investments (FDI) from East Asia in the next 20 years under its new Myanmar Investment Promotion Plan (MIPP), U Than Aung Kyaw, deputy director general of the Directorate of Investment and Company Administration (DICA) told The Myanmar Times at a book launch in Yangon on Thursday. Besides strengthening […]
Myanmar Suspends a Show Money Policy for Certain Visitors
A notice was released August 1, suspending the policy requiring that Japanese, Korean and Chinese tourists are to show $1,000 as a proof of funds. This change in policy came after the Ministry of Hotel, and Tourism faced opposition. Even coming from the tourism sector itself. The order was released on July 20, granting a […]
Myanmar allows up to 80% of foreign investment in agriculture sector
Foreign businesses have been allowed to invest up to 80 percent in Myanmar’s agriculture sector instead of 49 percent, according to Myanmar Investment Commission (MIC). “Previously, the agriculture sector seemed to protect local businesses. At that time, a foreigner was allowed to invest 40 percent while a national had the chance to invest 51 percent. […]
Ministry of agriculture, livestock and irrigation, Rural electrification program, Request for Bids, Submission Date: 17 September 2018.
Date: 31st July, 2018 Credit No. BMZ-No.: 201567882 Contract: Supply, Installation and Maintenance of Solar PV System for Households and Public Facilities RFB Reference No. ICB-KfW01 1. The Department of Rural Development (DRD), Ministry of Agriculture, Livestock and Irrigation has received financing from the Kreditanstalt für Wiederaufbau (KfW) toward the cost of the Rural Electrification […]