Commit-and-Act Approach Expected Among Investors

Despite the 30 percent drop in FDI compared to the preceding year, the inward FDI in the financial year 2016-17 was moderately satisfactory, with US$6.6 billion. That amount mainly derived from the transport and communications sector. The sector alone attracted US$3 billion FDI, making it the top sector in terms of FDI. However, it is […]

Extension of the closing Date to 25 April 2017 for Invitation for Cooperation in the area of Industrial Complex (Thaton) Under No.(3) Heavy Industries Enterprise, Ministry of Industry

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Extension of the closing Date of Invitation for Cooperation in the area of Industrial Complex (Thaton) Under No.(3) Heavy Industries Enterprise,Ministry of Industry Regarding to the invitation of Expression of Interest for Industrial Complex (Thaton) Under No.(3) […]

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 […]

Invitation for Cooperation in the area of Manufacturing or Residential Development on Land owned by No.(3) Heavy Industries Enterprise, Ministry of Industry. Closing date extended to 24 April 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Industrial Complex (Thaton) (Former named Caustic Soda Mill (Thaton), located in Inn Shae Village, Thaton Township, Mon State, under No.(3) Heavy Industries Enterprise, Ministry of Industry is intended to invite the investors who are interested to operate any […]

MIC divides country into three categories

The Myanmar Investment Commission has established three development categories, offering different income tax exemptions depending on the level of development. Under the Myanmar Investment Law, the least developed zones include 14 townships in Kachin State, seven each in Kayah and Kayin, nine in Chin, 35 in Sagaing Region, four in Tanintharyi, five in Bago, 13 […]

Over 2500 villagers protest against MCL’s coal power plant

Over 2500 villagers, from 12 villages in Pyartaung area, Kyaikmaraw Township, Mon State, staged a protest on Saturday [Feb. 18], within the paddy fields of Kawpanaw Village, voicing opposition against the coal power-supplied electricity by Mawlamyine Cement Limited (MCL). The protesters want MCL to stop its coal-powered electricity supply aimed at powering its cement factory […]

Invitation for Bids for Supply of Solar PV System for National Electrification Project

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Myanmar National Electrification Project Credit No. 5727-MM Contract Title: Supply, Installation and Maintenance of Solar PV System for Households and Public Facilities Reference No. S&I – 2 (12 lots) 1. The Government of Myanmar has received financing […]

Japan grants US$ 501,075 for three school constructions and road upgrading in Rakhine and Mon States, Magway Region

Ambassador of Japan to Myanmar, and Chairpersons of the Construction Committees from States and Region Mr. Tateshi HIGUCHI concerned signed the grant contracts for four projects on Monday. Japan’s Grant Assistance for Grassroots Human Security Projects (GGP) Scheme will provide a total of US$ 501,075 to the project for construction of Shwe Ze Ti Monastic […]

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 […]

Government cracking down on illegal trading & smuggling

The Union government is planning to take stringent measures against illegal trading in order to prevent the smuggling of contraband, which causes a great loss of revenue, said U Kyaw Win, Union Minister for Planning and Finance. “It is essential for the nation to control contraband but it must be carried out in a systematic […]