Myanmar better off in good graces with the West

Two developments stood out in Myanmar’s international relations landscape in 2017: The increasing Chinese influence in the country and the immense diplomatic pressure from international community on the government’s handling of the Rakhine crisis. Analysts cautioned Myanmar against overdependence on China for its development and urged the country to mend ties with the West to […]

Invitation for price quotations for Office Furniture

The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) towards the cost of the National Electrification Project (NEP). The IDA No of the financing agreement is No-5727MM. The Department of Rural Development (DRD) of the Ministry of Agriculture, Livestock and Irrigation, in its role as implementing agency of […]

Ministry of Agriculture: Invitation for quote for office equipment supplies.

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 […]

Department of Civil Aviation: Invitation to Expression of Interest (EOI) for Muse Airfield. Closing Date : 15 Dec 2017

The Department of Civil Aviation, Ministry of Transport and Communications, invites the interested local companies with foreign firms forming the consortium to submit Expression of Interest (EOI) for the Muse Airfield which will be implemented by PPP scheme for the construction, financing and operations of the airport. The EOI document in the English language may […]

Japanese manufacturers eye expansion opportunities

After investing heavily in Thailand, Indonesia and Vietnam, Japanese businesses are now keen to expand in Myanmar, said Mr Satoshi Yamamoto, chief director of The Japan External Trade Organisation (JETRO) told The Myanmar Times during a business development seminar in Yangon on October 9. “Japanese trade dealers were interested to invest in Thailand, Indonesia and […]

Myanmar renews SEZ push

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]

Firm accused of cheating investors changes name, stays in business

The Malaysian-owned company that swindled millions of dollars from local investors has changed its name and is now being run by two Myanmar people, U Kyaw Swa Hein, a former director of the firm has told the media. The owners of Myanmar Junwell Global Co. Ltd – Loh Yun Poh, alias Mr. Alan, Wong Jyh […]

‘Tremendous opportunity for growth’ identified in the BIMSTEC region

Participants at a Yangon roundtable discussion today point to largely untapped opportunities for trade, communication and cultural exchange in a region of 2.5 billion souls. Parami Roundtable and Mizzima Media Group organised a roundtable on Myanmar and BIMSTEC to commemorate the celebration of 20 years of BIMSTEC. BIMSTEC, known as Bay of Bengal Initiative for […]

Myanmar to learn from Malaysia on ease of doing business

In order to raise its rank on the World Bank’s ease of doing business index, a Myanmar delegation recently visited Malaysia, which is much higher on the index, to study the situation there. Their findings will be reported to the ministries and Vice President, said U Aung Soe, director of the Myanmar Trade Promotion Team. […]