Public Company to Build Government Housing Project

Public company Myanmar Construction and Development will finance and build a low-cost government housing project in Yangon. Chair of Myanmar Construction and Development U Thar Htay confirmed to The Myanmar Times that his company had entered into a partnership with the Ministry of Construction’s Department of Urban Housing and Development (DUHD). U Thar Htay is also the […]

Ban on Burmese Gemstones Lifted, Task Force Visits Myanmar- AGTA

October 24, 2016 – Dallas, TX — Responding to the concerns of its members regarding U.S. sanctions and perceptions of the Myanmar Gem and Jade sectors, the American Gem Trade Association (AGTA) developed a coalition of the U.S. Jewelry Industry to make a scoping mission to Myanmar. This mission was similar to past AGTA efforts […]

US Gems Association Eyes Trade Ties as Sanctions End

The American Gem Trade Association (AGTA) arrived in Myanmar for the first time this week to assess the gems sector and build trade relationships ahead of an anticipated end to the US sanctions regime, which would allow the legal import of Myanmar rubies and jade. The association’s president, Jeffrey Bilgore, said the mission had been […]

Invitation of Request for Proposal Investment, Design, Development, and Operation of Hotel Project and Service apartment Located in The Residential and Commercial area in Thilawa SEZ. Closing Date 15 Nov 2016

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Request for proposals are invited from well reputed, financially sound, having experience of similar work and international and local experienced company for the following projects: (1) Investment, Design, Development, and Operation of Hotel Project (2) Investment, Design, […]

In Myanmar, the AIIB Could Buttress China’s ‘One Belt, One Road’ Framework

The Asian Infrastructure Investment Bank could come to play a greater role in Myanmar. Is the Asian Infrastructure Investment Bank (AIIB) just another vehicle for spreading Chinese geoeconomic primacy throughout the Asia-Pacific? Earlier this year, reflecting on the bank’s first projects, I argued that such fears were overwrought. The AIIB, with modest partnership-based undertakings along with […]

Frontier Markets: Myanmar, Explosive GDP Growth

The reason I’m revisiting Myanmar is because recently the State Bank of India (SBIN), together with the Vietnam Bank for Investment and Development, Taiwan’s E SUN Commercial Bank (2884:TT), and South Korea’s Shinhan Bank, were all granted permits to operate in that country. Last year, the first round of permits were granted to ANZ Banking […]

Yangon Stock Exchange to open amidst suspicion

Many analysts believe the Yangon Stock Exchange, which will be fully operational by March this year, is opening with unfair advantages and possible conflicts of interests. The Yangon Stock Exchange (YSX) automatically entered the US sanctions blacklist as the Myanmar Economic Bank, an entity already sanctioned by the US Treasury Department’s Office of Foreign Assets […]

Open Tender are invited to Design, Development, Configuration, Hardware Supply, Installation and Maintenance for the Myanmar National Portal; Closing Date: Feb 26, 2016

Title: Open Tender are invited to Design, Development, Configuration, Hardware Supply, Installation and Maintenance for the Myanmar National Portal; Delivery Date: Feb 26, 2016   Invitation for Bids (IFB) January 8, 2016  The Republic of the Union of Myanmar Myanmar National Portal Loan/Credit Number: MM-5353 Design, Development, Configuration, Hardware Supply, Installation and Maintenance for the […]

There’s an App For That (in Myanmar)

Emerging from years of censorship to capitalize on growing demand for local apps, developers jump straight to mobile. In 2004, the same year Facebook was launched by Mark Zuckerberg and his college roommates, an 18-year-old in Yangon was hard at work on Myanmar’s first smartphone app. Their lives couldn’t have been more different. While Silicon […]