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First flight from Italy to Myanmar arrives tomorrow

An air link between Italy and Myanmar will be established starting tomorrow. Milan-based Neos Spa, an Italian leisure airline, will begin flying the route with a chartered Boeing 767 every Wednesday. The flight will stop over in Phu Quoc, Vietnam before landing at Yangon International Airport. Neos will be the first airline to fly from […]

Ministry of transport and communications, Myanma railways, Extension of Tender Closing Date: 19 December 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 14.11.2018 (14:30) Hr 19.12.2018 (14:30) Hr Managing Director, Myanma Railways Ministry of Transport and Communication, Nay Pyi […]

Alibaba aims to grow five times bigger in Myanmar by mid-2019

DRIVEN by rapid gains in smartphone use and people’s willingness to try new things in Myanmar, Alibaba Group plans to grow its business by at least five times in the country in the coming six to eight months, according to Frans Maas, managing director of Shop.com.mm, which is now under the fold of the Chinese […]

Ministry of electricity and energy, myanma oil and gas enterprise, invitation for open tender, (20/ 2018), Closing Date: 5 November 2018.

1. Open tenders are invited for supply of the following respective items in United States Dollars and Myanmar Kyats. Sr.No Tender No Description Remark (a) IFB-033(18-19) Assorted Sizes of Seamless Steel Casings US$ (b) DMP/L-126(18-19) Computer Accessories & Office Material (1)Lot Ks (c) DMP/L-127(18-19) Air Conditioner(3)Items Ks (d) DMP/L-128(18-19) Medical Equipment(3)Items Ks (e) DMP/L-129(18-19) Flodrift […]

MOGE: Invitation for open tender . Closing Date: 29 October 2018

1. Open tenders are invited for supply of the following respective items in United States Dollars and Myanmar Kyats. Sr.No Tender No Description Remark (a) IFB-029(18-19) 10” ERW API 5L Grade X-42 MS 3 LPE Coated Steel Line Pipes (32200) MTR US$ (b) IFB-030(18-19) 8” ERW API 5L Grade X-42 MS 3 LPE  Coated Steel […]

Ministry of transport and communications, Myanma railways, Extension of Tender Closing Date: 14 November 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 12.9.2018 (14:30) Hr 14.11.2018 (14:30) Hr Managing Director, Myanma Railways Ministry of Transport and Communications, Nay Pyi […]

Ministry of electricity and energy, myanma oil and gas enterprise, invitation for open tender,(16/2018), Closing Date: 24 September 2018.

1. Open tenders are invited for supply of the following respective items in United States Dollars and Myanmar Kyats. Sr.No Tender No Description Remark (1) IFB-015(18-19) Welding Set with Accessories (400 V) Maximum Current At 100% Duty Cycle 400 AMP (Dry Type) (1) Lot US$ (2) IFB-016(18-19) CNG Ground Storage Cascade (3) Sets US$ (3) […]

Ministry of electricity and energy, Myanma oil and gas enterprise, invitation for open tender, Closing Date: 12 September 2018.

1. Open tenders are invited for supply of the following respective items in United States Dollars and Myanmar Kyats. Sr.No Tender No Description Remark (1) IFB-004(18-19) 100 Ton Travelling Block with Hook (YG90) (1) Set US$ (2) IFB-005(18-19) Rotary Swivel (2) Items US$ (3) IFB-006(18-19) Rotary Table Complete Package for ZJ 50 D Drilling Rig […]

FMI ventures into affordable housing

First Myanmar Investment (FMI) will be investing in the affordable housing sector in a bid to offset falling revenue from its construction businesses, FMI chair Serge Pun said during the firm’s 26th annual general meeting, held at the Yangon National Theatre, on July 29. He said the domestic property sector has no demand as those […]

Property developers come under pressure as dollar rises

Property contractors are under pressure from rising costs of building materials as a result of the higher dollar-to-kyat exchange rate. Building machinery and materials such as steel bars, which are imported from overseas, have become dearer to local developers and contractors on the back of the appreciating dollar, which yesterday hit a new high of […]