Myanmar Sugar Company Invests US$20 Million for a New Sugar Mill

Myanmar Sugar Development Public Co Ltd has secured state approval to invest US$20 million to build a new 5000 tonnes cane/day sugar mill in Kathar township, Sagaing Region. It is reported by International Sugar Journal. «The first phase of the mill construction and cogeneration plant is expected to be completed in a year and a […]

Myanma Railways, Extension of Tender for Track Recording Car. Closing Date 22 March 2018

Myanma Railways Extends the Tender Closing Date as follows: Sr No Tender No Description Initial Closing Date & Time Extension Closing Date & Time 1 16/MR/INDIA (E) 2017-2018 Track Recording Car EM 80 and Small Track Maintenance Machineries 20.2.2018 (14:30) Hr 22.3.2018 (14:30) Hr Managing Director, Myanmar Railways Ministry of Transport and Communications, Nay Pyi […]

After Chabahar Port, Myanmar’s Sittwe big on India’s radar

After Chabahar Port in Iran, Sittwe in Myanmar may emerge as the next overseas strategic port for India. The Ministry of External Affairs (MEA) is helping to develop Sittwe Port, located at the estuary of Kaladan river in the troubled Rakhine province of Myanmar, for improving connectivity with Mizoram in the North East. Arun Kumar […]

Businesses demand quicker reforms, policy clarity in 2018

After a somewhat “disappointing” 2017 for the private sector, during which key economic legislation failed to take shape as expected, leading businessmen and chambers of commerce have urged Nay Pyi Taw to be more decisive and efficient in implementing reform in 2018. Moving forward, the business community wants to see stronger leadership and direction from […]

Myanma Railways: Invitation to submit expression of Interest from property developers for Dagon North/South Area Development. Closing Date: 15 Jan 2018

  In line with the National Development Plan, the Government of the Republic of the Union of Mynamar has been identifying the economic potential to contribute to the country’s economic development. As our endeavors for national development, Myanma Railways (MR) is committed to develop Toekyaungkalay Station Area as Rail Concerned Business, High-rise Building, Comprehensive Development […]

Myanma railways: Expression of interest from Developers to develop Bauk Htaw Railway Station. Closing Date 19 Dec 2017

1. In line with the National Development Plan, the Government of the Republic of the Union of Myanmar has been identifying the economic potential to contribute to the country’s economic development. As our endeavours for national development, Myanma Railways (MR) is committed to develop Baukhtaw Station Area as Rail Concerned Business, High-rise Building, Comprehensive Development […]

CB Bank enter into technical collaboration with CISCO for Data Center and Core Network Infrastructure

YANGON, Myanmar, Oct. 11, 2017 /PRNewswire/ — CB Bank and Cisco are pleased to enter a technical collaboration agreement to transform the Data Center and Core Network Infrastructure to enable core banking application, digital banking and international services to be delivered to its customers and partners in a secure manner. At the same time, CB […]

Extension of Invitation for Bids, Ministry of Transport and Communications. Closing Date 30 Nov and 15 Dec 2017

Subscribe to our tender alert mailing list IFB No. IFB-MR/YCR/UG/CP201 (T) 2017-18, and MR/YCR/ UG/CP202 (T)2017-18 (Yangon Circular Railway Line Upgrading Project) Myanma Railways has already advertised the invitation for Bids in the Global New Light of Myanmar on 2nd August, 2017. In order to be convenient for the interested eligible applicant’s document preparations, Myanma […]

Japanese manufacturers eye expansion opportunities

After investing heavily in Thailand, Indonesia and Vietnam, Japanese businesses are now keen to expand in Myanmar, said Mr Satoshi Yamamoto, chief director of The Japan External Trade Organisation (JETRO) told The Myanmar Times during a business development seminar in Yangon on October 9. “Japanese trade dealers were interested to invest in Thailand, Indonesia and […]

Three Gas-Generators to supply electricity needed for Myawady

Myawady, a Myanmar-Thailand border area town, is going to be supplied electricity needed for the town’s power consumption starting from November 2017 with three gas generators which produce 2 mega-watts each. Presently, efforts are being made for the full acquisition of 8 mega-watts bought from Thailand, according to Shwemyit Thaungyin power distribution enterprise. At present, […]