Education always a major focus for Japan’s bilateral cooperation with Myanmar

Myanmar and Japan enjoy a long-standing strong bilateral relationship across a wide range of political, economic, social and cultural spheres. Reflecting this, Japan’s economic cooperation to Myanmar dates back to as early as 1954. Throughout the history of the bilateral cooperation, education has always been a major area of focus, as Japan sees it as […]

National Electrification Project. Invitation for Bids to Supply Steel Parts & Accessories. Est Value of Contract USD 45 Mil. Closing Date 27 Oct 2017

Subscribe to our tender alert mailing list Date: 1st September, 2017 SPECIFIC PROCUREMENT NOTICE IDA Credit No. : 5727-MM Contract Title: Steel Parts and Accessories for National Electrification Project Reference No. : C1-G7 1. The Ministry of Electricity and Energy has received financing from the World Bank toward the cost of the National Electrification Project, […]

Myanmar telecom competition heats up with 4G push

MYANMAR’S three telecommunications operators, buoyed by the burgeoning ranks of smartphone users, have intensified their efforts to provide 4G/Long-Term Evolution (LTE) services with the sales hook of faster data connections. Myanma Posts and Telecommunications, the nation’s leading telecommunications operator, on Monday launched Myanmar’s fastest data service, dubbed LTE+, with the 1.8GHz spectrum that was recently […]

1m acres of mineral depositories suspended

In Myanmar, mineral depositories have been allocated to be used as resource reserves, with a total area of 1,187,492 acres, according to U Khin Maung Yi, permanent secretary of the Ministry of Natural Resources and Environment Conservation, who told reporters during a press conference in Nay Pyi Taw on April 24. According to the permanent […]

Will Government Meet Target on Low-Cost Housing?

Under the previous government, the construction of low-cost apartments failed to reach its target. With the new government, we have to wait and see whether or not the specified numbers of low-cost apartments can be built in time. The previous administration had claimed that they were going to complete the construction of one million apartments […]

Fiscal Year 2017-18: a New Dawn for Economic Policies

​​ The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. A developing […]

K30b Request to Boost Yangon Power Approved

​​ A request of K30 billion from the special reserved fund, granted by Budget Law of the Union 2016, to be spent for supplying the electricity power shortage in Yangon Region during the summer season was approved by the Pyidaungsu Hluttaw on March 17 amidst complaints by some MPs about poor electricity conditions in their […]

Eel cultivation experiment to sell larvae in February

The traditional catching of eels in Myanmar has resulted in a decline in the eel population, so eel hatcheries will be experimenting to locally produce the larvae of eels in Feb 2017, according to eel cultivators. The eel market will flourish if eels can be locally cultivated, making for a profitable venture considering the high […]

Export price of rice to China on the decline unlike stable domestic rice price

The price of rice exported to China through the Muse trade channel has been on the decline, unlike the domestic rice price, which remains stable  said U Kyaw Min, the secretary of Mandalay Rice Depot. Rice is exported to China mostly through the Muse and Lweje border trade camps, but the rice trade is declining […]

Telenor and MPT apply for spectrum auction

Telecoms companies Telenor and state-owned MPT will be among the potential bidders at a long-awaited auction for more broadband spectrum next month, while rival telco Ooredoo has decided to wait for a separate auction it expects to happen later in the year. Spectrum – the radio frequency on which communication traffic can be sent – […]