Car import permits down 60pc in 2017-18

Applications for the import of passenger vehicle is down by more than 5,000 so far this fiscal year compared to the same period in the previous fiscal year, said U Aung Htoo, deputy minister for Ministry of Commerce. The government has been trying to limit the import of cars to control traffic congestion in the […]

India Exports Diesel to Myanmar; Aims for Stronger Trade to Contain China

India has been bidding to strengthen socio-economic ties with Myanmar as part of its ‘Act East’ policy but its latest overtures are being viewed as tactics largely aimed at containing Chinese influence. NEW DELHI (Sputnik) — India has dispatched the first consignment of diesel to Myanmar ahead of Prime Minister Narendra Modi’s two-day official visit […]

India starts exporting diesel to Myanmar

NEW DELHI (Reuters) – India has started exporting diesel to Myanmar via a land route, in a boost to Prime Minister Narendra Modi’s pledge to enhance hydrocarbon trade with neighbouring countries. Modi, who is due to start a three-day visit to Myanmar on Tuesday, wants to expand ties with eastern neighbours to develop India’s landlocked […]

Ford opens Yangon factory

The government and motor giant Ford jointly opened a car assembly plant in Yangon on July 21. Ford worked with Capital Automotive Limited and Capital Motors Limited to open the factory at the industrial zone in east Dagon Myothit. Khin Tun, chairman of Capital Automotive, praised the collaboration. The Capital Motors factory puts together Ford […]

Dawei port grows busier

The number of cargo ships arriving at and leaving Dawei port in Taninthayi Region has significantly increased this year compared to the same period last year. From January to April last year, 107 ships entered and exited the port trading 56,693 tonnes of goods. However, in the same period of this year, there were 111 […]

Indian Railways to export 18 diesel locomotives to Myanmar

Subscribe to our tender alert mailing list The Indian Railways will export 18 modern diesel locomotives to Myanmar soon. The engines worth about Rs 200 crore are manufactured at the Diesel Locomotive Works (DLW) in Varanasi. The first lot of six locomotives are ready to be shipped next month, while the rest will be delivered […]

Myanmar high on energy

Long-term outlook in oil & gas exploration is intact despite global oil price woes Some players in Myanmar’s oil and gas industry are optimistic that oil and gas exploration and production activities in the country would continue as expected, despite oil prices slumping to five-year lows. The local industry will thrive due to low output […]

Ministry of Livestock, Fisheries and Rural Development to invite Open Tender; Closing Date: August 14, 2014

Ministry of Livestock, Fisheries and Rural Development INVITATION FOR OPEN TENDER We would like to revise our advertisement in Myanma Alinn and the Mirror dated July 14, 2014 as shown below. The Ministry of Livestock, Fisheries and Rural Development intends to procure the following packages of motor vehicles, motorbikes, and water supply accessories:    Sr. […]

Myanmar’s Oil Sector Attracts Investment

The opening up of Myanmar’s economy after decades of isolation has led to a jump in oil demand, attracting local and foreign investors to build oil storage tanks and a terminal to meet rising consumption. Here are some details on the country’s oil sector. Oil demand Fuel demand rose more than 5 percent to over […]

Ditching Clunkers, Car Imports Drive Burmese Demand for Oil

SINGAPORE / RANGOON — Burmese businessman Lay has doubled the number of cars he owns to six in just three years, as reforms in Southeast Asia’s poorest country unleash a wave of consumer spending. The opening up of the economy, with a loosening of military rule ending decades of isolation, has meant a surge in […]