Domestic fish industry flounders due to COVID-19 pandemic

The COVID-19 impacts resulted in less fish consumption, according to the Myanmar Fisheries Federation (MFF). The coronavirus pandemic shut down the wedding, donation events, festivities and restaurants. It also poses difficulties in transportation. The restrictions caused a slump in fish consumption in the local market. Moreover, the individual income loses from heightened COVID-19 measures such […]

Chinese demand drives plum prices up

Plums from Singaing and Patheingyi townships are fetching a good price during plentiful harvest period on the back of China’s strong demand, growers said. The maximum price of the best quality plums in the Muse border market is 40-50 Yuan per 16-kg box, while fair quality plums are priced 25-40 Yuan per box. “The plums […]

Myanmar Mulls Over Domestic Flight Resumption

Nov. 25—The government is reviewing in various aspects to be able to resume domestic flight schedules that have been suspended due to the Covid-19 outbreak in Myanmar, said Nay Win, director of the Civil Aviation Department. He also said the resumption of domestic flights relied on the virus infection situation. “How we will resume flights […]

Domestic flight restrictions in Myanmar extended

The government has extended a domestic flight suspension until October 31 to control the spread of COVID-19, according to the Department of Civil Aviation (DCA). Some domestic flights have been suspended since March 29, five days after the first COVID-19 case was reported in Myanmar, said U Nay Win, director of the department. There are […]

Tourism companies and tour guides shift to other businesses

Myanmar Tourism Operators Association Chairman Naung Naung Han said that domestic tourism companies had to shift to other businesses such as the food industry since almost all tourism businesses had to be stopped in the wake of COVID-19 outbreak in the country. COVID-19 positive cases are surging in Myanmar and domestic airlines and express bus […]

MOGE owes more than US$1.6B even as domestic demand rises

Myanmar owes China more than US$1.6 billion which it borrowed on high interest to implement projects including an oil and gas pipeline, according to a Myanmar Alliance for Transparency and Accountability (MATA) statement released based on an Extractive Industries Transparency Initiative report. It has so far repaid more in interest than the amount borrowed for […]

Mining applications flow in, but few are complete

Over 1000 applications have been received for mining blocks since July, according to U Min Min Oo, permanent secretary at the Ministry of Natural Resources and Environmental Conservation (MONREC) at the 4th annual general meeting of Myanmar Federation of Mining Association held last week. However, only 193 of all the applications received are complete, he […]

Myanmar’s poorest state beckons investors

CHIN state’s underdeveloped infrastructure presents great opportunities for domestic and foreign investors if they do their homework, says a report that looks into business prospects in Myanmar’s poorest region. Min Zaw Oo, director of Chin State at the Directorate of Investment and Company Administration, said investors should not hesitate to invest in Chin state where […]

Yangon CM says region economy run by over 30,000 MSME businessmen

Yangon Region Chief Minister Phyo Min Thein said that there were over 30,000 businesses of Micro, Small, Medium Enterprises (MSMEs) registered as business entities in the Yangon Region and they run the region’s economy. “We compiled the list of these businesses by using digital technology. Over 30,000 businesses are registered in the region and our […]

Social Security Board Tender: Invitation for developing and implementation of Social Security Information System, Closing Date: 11 May 2018.

If your company has Request for Quotation (RFQ) or Tender Announcement that you want us to publish for FREE in the Tenders & Awards section of our website please submit to us at tender (at) consult-myanmar.com for our consideration. Social Security Board (SSB) wants to acquire a comprehensive Social Security Information System in Myanmar Kyats. […]