A private company proposes to supply electricity in Myeik

A private company, South East Asia Energy and Electricity Company, has submitted a proposal to Taninthayi regional government to supply 60 megawatts of electricity generated from hydropower, solar power and fuel oil (FO), with an investment of more than US$60 million in Myeik district, sources said. The company intends to supply electricity generated from hydropower […]

Planning an MPA system in Myanmar: Interview with Phil Dearden

The Southeast Asian nation of Myanmar officially emerged from military rule and geopolitical isolation in 2011. A civilian government now holds power, and the nation — home to more than 100 ethnic groups — is reopening itself to the world. Part of this reopening is in the realm of marine conservation: the government is partnering […]

Myanmar- Thai Border Trade Rises $200m

​​ Myanmar’s border trade with Thai­land increased by about $200 million in the current fiscal year 2016-2017 as of March 3rd, as compared with the same period of the last fis­cal year, official media re­ported last Thursday. Myanmar-Thai bilateral border trade amounted to $1.2 billion while that of the last fiscal year was $1 billion […]

Invitation for Price Quotations for 35 Diesel Generators by Department of Rural Development. Closing Date 24 Mar 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) towards the cost of the National Community Driven Development Project (NCDDP). The IDA N° of the financing agreement is N° H814MM. The […]

Thai Border Trade Tops $1.1b

​​ Cross-border trade with Thailand exceeded US$1.13 billion this financial year until February 17, according to the Ministry of Commerce. Myanmar imported more than US$870 million worth of goods from Thailand and exported just US$250 million, it said. Myanmar trades with Thailand mainly through the Tarchilek border in Shan State, Myawaddy in Kayin State and others in Tanintharyi Region and […]

Myanmar-Thailand Border Trade Exceeds $1bn

​​ Earnings from border trade between Myanmar and Thailand reached over US$1 billion this fiscal year compared to $160 million in the same period in last fiscal year, according to Directorate of Trade. Myanmar earned $1.025 billion from border trade with Thailand as of January 20 this fiscal year, according to statistics from the department. […]

1,432 Hotel Licences Issued

​​ The Ministry of Hotels and Tourism says it has issued licences to 1,432 hotels and guest houses, including 27 with foreign investment. By last month the ministry approved 421 licences in Mandalay Region, 354 in Yangon Region and 290 in Shan State. There are reportedly more than 56,000 hotel rooms in the country with 17,700 in Yangon. There are five hotels with joint investment and 21 government-owned hotels. The ministry has allowed foreign-owned hotels in Yangon, Mandalay, Bagan, Kawthoung, Tachilek and Myeik. Investment in hotel construction reached more than US$3 billion. Singapore has led investment with US$1.6 billion, partly because it was used as a conduit by the US and other countries that imposed sanctions […]

Thai delegation visits Myanmar

Deputy Prime Minister Somkid Jatusripitak is scheduled to lead a Thai delegation to Myanmar on Feb 2-3, seeking to expand bilateral trade and investment as well as border trade. Isara Vongkusolkit, chairman of the Thai Chamber of Commerce, said the delegation will include 40 representatives who will meet Myanmar businesspeople to discuss possible partnership on […]

Coffee: You’re Making it All Wrong

​​ Weekend learns the art – and the science – of making the perfect cup of coffee. Despite an unrelenting stream of coffee shop openings over the past year or so, it is still surprisingly difficult to find a decent cup of coffee in Myanmar – unless, of course, your idea of decent is three-in-one. Buying […]

Maritime Trade Value Declines While Border Trade Value Increases

The value of trade through normal trade as of 11th November in this fiscal year declined by over US$328.406 million, while value of trade through border area increased by US$ 390.421million, according to the statistics provided by the Commerce Ministry. The value of exports as of 11th November in the current fiscal year was US$4,234.941million […]