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Chinese firm in talks to develop industrial zone

A Chinese firm is the latest foreign investor to express an interest to develop an industrial zone in Hlaing Thayar township in the commercial capital of Yangon, where land nearer to downtown townships have become scarcer in recent years. Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) chair U Zaw Min Win […]

After Suu Kyi Intervention, Yangon Govt Works to Solve Landfill Fire

NAYPYITAW — Yangon Chief Minister U Phyo Min Thein held a hasty meeting late last night after Myanmar State Counselor Daw Aung San Suu Kyi offered assistance to his government as a huge landfill fire in Yangon’s Hlaing Thayar Township worsened, threatening public health. It was the first high-level meeting held by the Yangon government […]

New vocational institute opens in Yangon

Suu Vocational Institute, which will provide vocational training for people lacking formal education, opened in Hlaing Thayar township on Tuesday. “All the vocational training will follow State Counsellor Daw Aung San Suu Kyi’s instructions. Myanmar needs more vocational education because most people do not get degrees so they need vocational education to live better. The […]

Yangon Regional Government , Expression of interest for Global Competition for submission of Master Plan and Detail Design of the Integrated Logistics Park and IWT Jetty , Submission Date: 1 Jan 2018

Global Competition for submission of Master Plan and Detail Design of the Integrated Logistics Park and IWT Jetty Interested Parties are invited for the submission of proposals which are to be selected in a design Global Competition format for the Overall Master Plan and Detailed Design of the Integrated Logistics Park and IWT Jetty which […]

Private Banks need to prove they are clean as only 12 out of 22 in the top taxpayers list

Of the 22 private banks in Myanmar, only 12 have been listed as top taxpayers, according to the Ministry of Finance and Revenue. According to documents covering the 2011-2012 fiscal year, only 10 private banks are included on the official top 100 income taxpayers list. Only 12 private banks are included on the official top […]

Myanmar approves new foreign investments in manufacturing sector

The Myanmar Investment Commission (MIC) approved new investments from six countries in the manufacturing sector between September 1 and 20, according to MIC reports. Businesses from Japan, Thailand, Singapore, Hong Kong, South Korea and the United Kingdom won the MIC’s approval to set up garment factories, automobile assembly plants, and manufacturing for construction materials. The […]