For Bengalis in Yangon, memories of a long-gone era

  RECENTLY IN YANGON: “Nearly a dozen Durga pujas are held in Rangoon, but ours is the best,” 84-year old Murari Mohan Lodh declared proudly. “We offer ‘bhog’ (the vegetarian Bengali meal offered to the gods) to thousands, including many Burmese, during the Puja days,” he added. It was a Sunday afternoon in September. Lodh […]

China ups its game in Myanmar’s SEZ race

CHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local Chinese business association. The proposed locality and projects overlap with the prospective South Korea-led special economic zone. Members of the Yangon-headquartered Myanmar Chinese Chamber of […]

Tax hike on auto imports ‘not right solution’: merchants

Japanese used cars being imported across the Thaungyin River. Myanmar merchants on the Myawady border with Thailand complain that a pending increase in tax on imported vehicles is negatively impacting ordinary people. The border point has seen a rise in vehicle imports this month after the government declared it would increase vehicle import taxes from […]

Suu Kyi’s man in Yangon under fire over transit deal with China

Aung San Suu Kyi’s first major infrastructure project could hardly be more visible – hundreds of new yellow buses now plying the streets of Yangon in what her ruling party hopes will be a potent symbol of how it is transforming peoples’ lives. But two deals to import 2,000 buses from China estimated at more […]

Japanese joint-venture plans Yangon hotel

Hotel Okura Co Ltd said it would develop the luxury Okura Prestige Hotel with Ayeyar Hinthar Holdings Co Ltd in Yangon by 2020, with five more hotels due in the next five years. The company expects to sign a contract with Yangon Technical and Trading Co Ltd, a subsidiary of Ayeyar Hinthar, in August, working […]

Tender for Reconstruction of Flood-Affected Schools. Closing Date 9 Aug 2017

Subscribe to our tender alert mailing list The Government of Japan and the Government of the Republic of the Union of Myanmar signed the Exchange of Notes dated February 17th, 2016, concerning the Japanese grant assistance for the Project for the Reconstruction of Flood-Affected Schools. Japan International Cooperation System (JICS) is acting as the procurement […]

Only high-tech firms for hydro, coal power

Only companies and countries with access to the latest technologies and technologies which minimise environmental impact will be considered to take part in hydro and coal power projects in Myanmar, a senior official from the Ministry of Electricity and Energy told The Myanmar Times. “For electricity generation sources, we are planning to consider only the […]

Chin State SMEs to Be Eligible For K8.5 bn Worth of JICA Loans

Chin State’s small and medium busi­nesses (SMEs) will be eligible for up to K8.4 billion worth of small loans which the govern­ment plans to make avail­able later this financial year, a union minister has said. The funds are the re­mainder of a K50 billion Japanese loan granted to the government for the development of local […]

Nippon Express opens logistics warehouse in Thilawa SEZ

Japan’s largest international freight forwarder Nippon Express Co. began operating a multifunctional logistics warehouse at the Thilawa Special Economic Zone, near Myanmar’s commercial capital Yangon, on Thursday. Company officials said the Thilawa Logistics Center offers bonded warehouse services for foreign cargo, while the temperature- controlled and dehumidified warehouse will also be used to store apparel […]

Split visions of Dawei’s future as Thailand, Myanmar restart special economic zone project

The governments of Thailand and Myanmar are set to restart the development of the Dawei deep-sea port and special economic zone, after both countries set up a joint coordinating committee to work out investment details of the project. In 2008, both countries signed a memorandum of understanding to develop a massive land area of 200 […]