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Yangon Govt, Lexis Nexis ink MoU on real estate information system

THE Yangon Region government signed a memorandum of understanding (MoU) with Southeast Asia Lexis Nexis Co. Ltd for developing the Housing Real Estate Information System (HREIS) on 28 August in Yangon. Speaking at the signing ceremony, Yangon Region Chief Minister U Phyo Min Thein said there are nearly 1.6 million households in Yangon. Of them, […]

Japan envoy says development is solution for Rakhine

Japan’s top envoy to Myanmar said that economic development is an answer to Rakhine’s conflict and that Tokyo is considering providing aid for the state. “If there is economic development, I believe that there will be no conflict,” Japanese Ambassador Ichiro Maruyama said ahead of a Japan-backed investment fair in Ngapali. The first Rakhine Investment […]

Bangkok Sheet Metal inks joint venture MoU with Myanmar partners

Bangkok Sheet Metal has signed a memorandum of understanding with Great Merits and Tunn Star, its local business partners in Myanmar, to grow their business in metal products manufacturing and sales, and also aims for 20-per-cent growth in its current fiscal year – with a backlog of Bt500 million. Chief executive officer Tanin Sajjaboribun said […]

Myanmar, Thai universities to ink MoU for cooperation Posted

The universities of Myanmar and Thailand plan to sign a memorandum of understanding (MoU) for cooperation in the education sector very soon, according to Myeik University. Myanmar’s Myeik University and Thailand’s Phetchaburi Rajabhat University will ink the MoU during the last week of January and the first week of February, 2019. The MoU will include […]

India, Myanmar sign MoU towards Sittwe Port operationalisation

NEW DELHI: India and Myanmar signed an important MoU on Monday for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India’s Act East Policy. Following this MoU the process […]

MI signs MoU with foreign insurance companies for housing projects

Myanmar Insurance (MI) signed a Memorandum of Understanding (MoU) with Japan, Germany and Malaysia to cooperate on insurance services for the construction of one million housing units to be developed by the Ministry of Construction, at Myanmar Insurance on August 28. Dr Sandar Oo, Managing Director of Myanmar Insurance said: “The country needs to develop […]

MoU for Dala Industrial Development Project Signed

The Yangon regional government and South Korea-based Myanmar Company Wooree signed a memorandum of understanding for the Dala Industrial Development Project on Saturday, a project to be implemented on the west bank of Yangon River near the ongoing Yangon-Dala bridge project in one of Yangon’s undeveloped townships according to the Yangon regional government. The Yangon […]

South Korean firm ink agreement on Dala Bridge

The Yangon regional government signed a Memorandum of Understanding (MOU) with Myanmar Wooree Co, a South Korean firm, to establish an industrial project on July 11. The regional government plans to construct this industrial project on the western side of Yangon River and will plan to connect that with the proposed Dala Bridge, located in […]

Myanmar company, Naga supplier sign MoU

A Memorandum of Understanding (MOU) was signed between Kaung Myat Mingalar Company Limited (KMMC) and contractor & supplier from Nagaland, D. Yongnyak on July 26 in Kolkata regarding supply of organic goods from Nagaland to Myanmar. A press release from KMMC project director U Yan Fa Kyauk stated that this year alone five MoUs have […]

Can China-Myanmar Economic Corridor overcome hurdles to progress?

Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on building the China-Myanmar Economic Corridor (CMEC), one of the key projects of the Belt and Road initiative (BRI). The two sides reached a 15-point […]