Insurance providers in Myanmar can expect a more competitive and promising landscape on which to do business in the near future. With market liberalisation, which will enable firms to offer a wider variety of insurance products, on the government’s agenda, local and foreign providers alike have already started training staff and building management and IT […]
Department of Civil Aviation: Invitation to Expression of Interest (EOI) for Muse Airfield. Closing Date : 15 Dec 2017
November 23, 2017 by
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 […]
Vietnamese garment industry faces fierce competition from China, Myanmar
November 14, 2017 by
Competition in the world garment market is forecast to be stiffer, not only with China but also with countries such as Myanmar and Cambodia as they increase competitive pressures on Vietnamese products. The information was announced at a seminar on the prospect of garment exports in 2018 held in Ho Chi Minh City on November […]
Foreign firms have invested over $1bn in Thilawa SEZ
July 20, 2017 by
Foreign businesses invested more than US$1.075 billion in the Thilawa Special Economic Zone between November 2014 and June 2017, with over $773 million, or 71 per cent, in industrial the industrial sector, according to the Directorate of Investment and Companies Administration. Among the remainder of the foreign investment, $101.2 million went to the commodity trading […]
Foreign firms eye new Myanmar telecoms licence despite inexperienced partners
January 26, 2016 by
Jan 25 Seven foreign firms are interested in bidding for Myanmar’s fourth telecoms license, a government official said on Monday, as the prospects of one of the region’s least connected nations outweigh the challenges of a partnership involving obscure local firms with scant industry experience. Chit Wai, deputy permanent secretary of the Ministry of Communications […]
Local, foreign firms to upgrade Yangon pharmaceutical factory
February 27, 2015 by
YANGON – To boost medicine production, Myanmar’s Ministry of Industry plans to upgrade Pharmaceutical Factory No 1 in Yangon in cooperation with local and overseas companies. At present, entrepreneurs in Myanmar and abroad can bid for contracts to build the facility and install equipment. Interested companies must send an Expression of Interest (EOI) to the […]
Foreign firms sign more oil exploration deals with Myanmar
December 15, 2014 by
YANGON, Dec. 6 (Xinhua) — Three Indian companies reached more production-sharing contracts with Myanmar on cooperation in offshore oil and natural gas exploration in Nay Pyi Taw over the last two days. Under the contracts, the Oil India Ltd, Mercator Petroleum Ltd, Oilmax Energy Pvt Ltd of India and Oil Star Management Service Co Ltd […]
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