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Chinese bank promotes RMB financial express services in Myanmar

A workshop to promote Myanmar-China RMB financial express services was held here on Wednesday by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and the Industrial and Commercial Bank of China Limited (ICBC), Yangon Branch. “It will be beneficial to everyone if we could get financing services for project financing and […]

Surveying Begins on Muse-Mandalay Railway

Ground survey work began Sunday on the Myanmar-China high-speed railway, a project that will link two economic centers in Myanmar with Kunming, the capital of Yunnan province in southwestern China, as part of Beijing’s grand infrastructure plan for the region. “A joint team is working on a study of the railway alignment,” Ministry of Transport […]

Myanmar at losing end in border trade disagreements: leaders

Myanmar must take steps to negotiate bilateral trade agreements with its neighbours to avoid volatility in border trade with China and India, as the consequent losses for locals can be huge. “There is currently no precise policy for border trade. Every country should have a policy to deal with trade disagreements and volatility. Right now, […]

China Enterprises Chamber of Commerce established in Myanmar

The opening ceremony of China Enterprises Chamber of Commerce in Myanmar (CECCM) was held in Myanmar’s largest city of Yangon late Friday. Speaking at the event, Union Minister for Commerce Than Myint called for cooperation to elevate bilateral Paukphaw (fraternal) friendship between Myanmar and China to the level of comprehensive strategic cooperative partnership between the […]

Myanmar-China joint venture donates school building in Myanmar’s capital

NAY PYI TAW, Sept. 7 (Xinhua) — Myanmar-China joint venture Southeast Asia Crude Oil Pipeline Co., Ltd. (SEAOP) donated a three-storey school building in Myanmar’s capital city Nay Pyi Taw Friday. The three-storey building having 15 classrooms which can accommodate 50 students each was donated to No. (3), Basic Education High School, Pyinmana. Zhang Qiang, […]

Hiatus in timber smuggling from Myanmar to China

Monitoring of key crossing points along the Myanmar-China border by the Environmental Investigation Agency (EIA) reveals a sharp downturn in the volume of illegal timber being smuggled between the two countries during the past six months. In September 2015, EIA released the report Organised Chaos, which documented surging illicit trade in logs via the land […]

Mitsubishi, Hitachi to invest $20m in domestic train network

Riding on Myanmar’s antiquated railway network is not an experience for the impatient or infirm. American travel writer Paul Theroux, in The Great Railway Bazaar, quotes a policeman on the Yangon-Mandalay line as it breaks down for the fourth time. “It is a slow train,” he says. “Dirty and old – old coaches, old engines.” […]

Invitation to Open Tender for IP Transit Services; Closing Date: August 15, 2014

Subscribe to our tender alert mailing list Invitation to Open Tender for IP Transit Services 2014-II for Myanma Posts and Telecommunications   1. Myanma Posts and Teleommunications(MPT), Ministry of Communications and Information Technology invite open tender for IP Transit Services that to be used for Internet Backbone and this services should be provided via the […]