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Separate plots planned to establish specialized textile and garment zones in Yangon, Mandalay

Separate land areas are being planned to establish special zones related to textile and garment in Yangon and Mandalay regions, according to the ministry of industry. The ministry is cooperating with the private sector to implement pilot projects for industry complexes and clusters, a high-ranking official from the ministry. Union Minister for Industry Khin Maung […]

Anti-Corruption Commission opens office in Mandalay

The Anti-Corruption Commission of Myanmar opened an office in Mandalay on Sunday, and two people were already waiting in line to file complaints. The Mandalay branch is the second opened by the commission, following the opening of its Yangon office on March 16. The office was opened on land owned by the Ministry of Industry […]

Ministry of Industry, No.(3) Heavy Industrial Enterprise, Invitation of Expression of Interest (EoI) for Cooperation in the area of Eco-Industrial Park (Thaton), Submission Date: 28 September 2018.

Eco- Industrial Park (Thaton), located in Inn Shae Village, Thaton Township, Mon State, under No.(3) Heavy Industrial Enterprise, Ministry of Industry is intended to invite the investors who are interested to operate any type of industries and businesses in the area of Eco- Industrial Park (Thaton). The investors who interested in those cooperation are required […]

Myanmar’s food sector being transformed by investment in production and sustainability measures

A cleaner production and higher sustainability project for Myanmar’s food and beverage industry is bringing much needed transformation. Tha Bar Wa, a four-year project, it is being implemented by the World Wid Fund for Nature (WWF), in partnership with the Myanmar Food Processors and Exporters Association (MFPEA) and Savings Banks Foundation for International Cooperation (SBFIC). […]

Chamber backs SMEs to embrace digital technology

As small and medium enterprises in Myanmar are facing challenges, the Union of Myanmar Federation of Chamber of Commerce and Industry is encouraging small and medium-sized enterprises to pursue digital competency to ensure their long-term survival, a chamber executive member said in an exclusive interview. Aye Tun, vice president of the chamber’s SMEs Committee and […]

Myanmar not ready yet for auto boom

THOUGH MYANMAR has the potential for a boom in its automotive industry, it may take more than five years to enjoy tangible benefits in reality, according to Soe Tun, president of Myanmar Automobile Manufacturers and Distributors Association and managing director of Farmer Auto Trading Co. “It is not the right time for newcomers to enter […]

Local and foreign investors invited to No.21 Heavy Industry (Thaton)

No.21 Heavy Industry (Thaton) of the Ministry of Industry in Thaton Township, Mon State, will go into partnership with local and foreign entrepreneurs, according to ministry sources. Interested local and foreign companies are invited and to send an expression of interest (EOI) to the management section of No.2 Heavy Industry under the Ministry of Industry. […]

Private banks loan Ks 868.733 bln to SMEs

Until December, 2017, private banks have granted a Ks 319.228 billion loan to the agricultural and livestock sector and Ks 868.733 billion to small and medium-sized enterprises, said Soe Thein, Vice-governor of the Central Bank of Myanmar. MP Kyaw Htwe representing Yangon Region Constituency-8, raised a question on the policies set for the establishment of […]

YCDC profits from farm production, leasing activities

Yangon Region draws profits every year from its farms and other means of production, Yangon Mayor U Maung Maung Soe said at a Yangon Regional Parliament session last week. Since 2001-02, Yangon residents have enjoyed affordable access to rice, fish, eggs, poultry, meat and vegetables produced by farms operated by the Yangon City Development Committee […]