Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]

Extension of the closing Date to 25 April 2017 for Invitation for Cooperation in the area of Industrial Complex (Thaton) Under No.(3) Heavy Industries Enterprise, Ministry of Industry

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Extension of the closing Date of Invitation for Cooperation in the area of Industrial Complex (Thaton) Under No.(3) Heavy Industries Enterprise,Ministry of Industry Regarding to the invitation of Expression of Interest for Industrial Complex (Thaton) Under No.(3) […]

Invitation for Cooperation in the area of Manufacturing or Residential Development on Land owned by No.(3) Heavy Industries Enterprise, Ministry of Industry. Closing date extended to 24 April 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Industrial Complex (Thaton) (Former named Caustic Soda Mill (Thaton), located in Inn Shae Village, Thaton Township, Mon State, under No.(3) Heavy Industries Enterprise, Ministry of Industry is intended to invite the investors who are interested to operate any […]

Myanmar’s FDI rush recedes

Myanmar’s economy looked like it was enjoying a brisk tailwind after progress in democratization led the U.S. to lift its sanctions last year, but the boost appears to be waning. The government that took office in March 2016, with pro-democracy icon Aung San Suu Kyi as its de facto leader, has so far proposed few […]

Myanmar’s Eden Group sets its sights on affordable housing

Tokyo Eden Group, a Myanmar conglomerate whose businesses range from construction to agriculture and finance, is set to further expand its core construction business as the company looks to provide more residences in the fast-growing country, including affordable units outside cities. “Our country needs to develop so much infrastructure and real estate,” group chairman Chit […]

CB Bank chair to open industrial zone

The chair of one of Myanmar’s largest banks is turning his hand to a new sector, with a plan to open Taungoo township’s first industrial zone, which he hopes will entice hundreds of thousands of migrant workers back to the area. Chair of Co-operative Bank U Khin Maung Aye also chairs the Kaung Myanmar Aung […]

Real Estate Pro: ‘Overall, the Market Has Cooled Down’

Since earlier this year, Rangoon’s formerly dynamic real estate market has seen a striking cool-down in key locations in the city. While many factors have contributed to this economic malaise, Burma’s Nov. 8 general election, which is hoped to be the country’s freest and fairest in decades, has surely played a part. Because of the […]

Saha cancels Myanmar estate

Saha Group, the country’s leading consumer product conglomerate, has scrapped plans to set up an industrial estate in Myanmar, citing high land prices in the neighbouring country. Chairman Boonsithi Chokwatana said the group decided not to develop its own industrial park on a 1,000-rai plot in Myanmar after studying the project’s potential for a few […]

Slow liftoff for helicopter association as market grows

The Myanmar Helicopter Association was launched last week at the Heliops Myanmar Conference and Exhibition in Yangon, with a view to developing helicopter operations across the country. The newly formed association will be led by U Tin Aye, who aims to take on negotiatons between international companies and the Myanmar government to facilitate development of […]

Startup meets showbiz on reality TV program

Local start-up entrepreneur Ko Min Zeya Phyo didn’t plan on entering the competition which won his company the chance at more than S$2 million. Now the Code2LAB founder – not by nature a PR man – has found himself in a surprising place: in front of the camera. Last year, restaurant management platform provider Code2LAB […]