The Ministry of Construction, Department of Highways, Invitation to Pre-Qualify for the Yangon Elevated Expressway Public Private Partnership Project Phase 1 , Submission deadline: 30 October 2018.

September 7, 2018 Invitation to Pre-Qualify for the Yangon Elevated Expressway Public Private Partnership Project Phase 1 The Ministry of Construction (“MOC”) of the Union Government of Myanmar, coordinating with the Yangon Regional Government, is inviting interested parties to pre-qualify to undertake the design, engineering, financing, construction, operation and maintenance of the first phase of […]

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. […]

Textiles a key focus of trade push between Myanmar and Taiwan

SEEKING to build on the rapid growth in trade between Taiwan and Myanmar, industry bodies from the two sides have signed two memorandums of understanding at a Taiwan-Myanmar Industrial Collaboration Summit. Myo Thet, vice president of the Union of Myanmar Federation of Commerce and Industry (UMFCCI), said the agreements would help boost bilateral economic ties, […]

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 […]

Unable to break protectionist curse, FMI bites the dust

FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]

Rumour claims four domestic airlines stop their services

Rumours surfaced that four domestic airlines including Air Bagan and Apex Airlines had stopped their services. The alleged four are Air Bagan, Apex Airlines, Asian Wings Airways and FMI Air. Deputy Director General Ye Htut Aung from Department of Civil Aviation said on July 16, “It is true that Air Bagan and Apex Air have […]

EOI, DRD invites eligible suppliers to express their interest for the Communication Material G 104 Motorcycle Crash Helmets, Submission Date: 31 July 2018.

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 Department of Rural Development (DRD) of the Ministry of Agriculture, Livestock and Irrigation, in its role as […]

Fuel prices, protectionism hobble Myanmar airline industry

Myanmar’s once lucrative airline industry is struggling to stay afloat with many carriers already halving their fares to draw more passengers. A shortage of modern infrastructure and high import bill is driving up the price of jet fuel, making it exceedingly difficult for many local airlines to keep their fleets airborne. Already, the Department of […]

Invitation for price quotations, DRD now invites eligible suppliers to express their interest, Submission Deadline: 16 July 2018.

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 Department of Rural Development (DRD) of the Ministry of Agriculture, Livestock and Irrigation, in its role as […]