Manufacturing sector absorbed more foreign investments in Thilawa SEZ

Foreign direct investments in Thilawa SEZ primarily flowed into manufacturing sectors which accounts for 73 per cent of total FDI in the zone. At present, FDI in Thilawa SEZ reached more than US$1.14 billion so far. Manufacturing sector in Thilawa SEZ absorbed investments of about US$843 million in 62 enterprises. Trading sector attracted investments of […]

Department of Livestock Veterinary and Breeding Department IFAD Grant ‘Developing scalable smallholder Livestock models in Myanmar. Closing Date 8 Sep 2017

Subscribe to our tender alert mailing list Endline Assessment Consultancy The Department of Livestock Veterinary and Breeding (LBVD) invites expressions of interest from qualified and experienced Myanmar consultancy agencies for the above mentioned consultancy. This is an opportunity for an experienced consultancy agency to conduct an endline assessment of a smallholder development pig enterprise pilot […]

Can the central bank’s new guard save businesses in Myanmar?

Among the nominees for deputy governor are economist and retired Budget Department of the Ministry of Planning and Finance officer U Soe Thein, incumbent deputy governor U Soe Min and existing member of the board U Bo Bo Nge. Meanwhile, the newcomers to the Board include former deputy director general of the Union Attorney General’s […]

Fuel Importers Submit Proposal for Deep-Sea Port in Yangon

Representatives of the oil and gas in­dustry have sub­mitted a business propos­al to the government to a build a deep-sea port near Yangon. “We are studying the potential logistics and feasibility of a deep-sea port project 20 miles from Yangon to reduce transportation costs for maritime trade and fuel imports,” Dr Win Myint, Secretary of […]

MOC unveils new agricultural export reform plan

The Myanmar government outlined an agricultural trade plan to improve the nation’s struggling export trade sector, according to an article in yesterday’s edition of Myanma Alin Daily newspaper. The plan will address challenges including municipal container truck bans, paperwork hurdles and administrative obstacles that complicate export logistics and result in higher and less competitive prices […]

Japanese chamber makes proposals to Suu Kyi to promote investment

A visiting Japanese business delegation proposed policy measures to address major challenges impeding Japanese investment into Myanmar in a meeting Friday with the country’s leader Aung San Suu Kyi, state media reported Saturday. During the meeting in the capital Naypyitaw, the delegation of the Japan Chamber of Commerce and Industry, led by its chairman Akio […]

SMI, Senko’s Myanmar JV Eyes Logistics and Warehousing Services

Singapore-listed Singapore Myanmar Investco Limited (SMI) has entered into a joint venture agreement with Japanese logistics group Senko Co Ltd to provide logistics and warehousing services in Myanmar. The firms will incorporate and operate a Singapore company, SMI-SENKO Logistics Pte Ltd, for this purpose, SMI said in a Singapore Stock Exchange (SGX) filing. According to […]

Ministry push to improve waterway logistics

The Ministry of Transport will focus on constructing new ports and renovating docks and jetties, as well as developing the Thilawa port region, using a combination of Japanese loans and government funds, said U Thet Tun, deputy permanent secretary for the Ministry of Transport. The ministry will also collaborate with local and foreign private companies […]

Mandalay Airport to Become Logistics Hub

Mandalay International Airport will be upgraded into a logistics hub, according to the Department of Civic Aviation (DCA). The upgrade is expected to improve the airport so that it can provide cargo and distribution services for international and domestic goods. “First, the airport buildings and terminals will be upgraded. This will be followed by preparation […]

UPS comes calling with freight forward services

United States-based logistics and shipping firm UPS announced the introduction of its freight forwarding services to and from Myanmar on August 19. The firm highlighted Myanmar’s rapidly growing economy and aims to becoming a manufacturing market as reasons for entering, adding demand for freight services is expected to skyrocket, according a release marking the announcement. […]