IFC, Australia Back Nationwide Study on Myanmar’s Hydropower

AS MYANMAR needs more electricity to realise its development goals during the first civilian government’s term, two ministries have been holding a series of discussions until the third week of January to finalise the countrywide strategic environmental assessment (SEA) on hydropower potential by March. The series of discussions started with a stakeholder meeting in Myitkyina, […]

MOGE: Invitation for open tender, (1/ 2018), Closing Date: 13 February 2018.

Open tenders are invited for supply of the following respective items in Myanmar Kyats. Sr.No Tender No Description Remark (1) DMP/L-085(17-18) HDD-KSD 25 (Road Boring Machine) Spares (10) Items Ks (2) DMP/L-086(17-18) (S5 N40) SAE 40 Gas Engine Oil (Shell) Mysella (600) Drum Ks (3) DMP/L-087(17-18) Spares for 3NB 1300C Rig Pump Ex ZJ 50D […]

Joint Approach Coming for Low-Cost Housing Projects

Government will enter into join ventures with businesses to stimulate low-cost housing projects on public land, according to the Department of Human settlement and Housing Development. In an effort to stimulate construction of needed low-cost housing, public-private developments will be allowed on government land, the department said. Land will be provided by the government and […]

Myanmar’s MTG DC to Invest US$24 Million in Telecom Tower Business

Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom operator, Viettel-backed Myanmar National Tele & Communications Ltd (MNTC), which is the company behind the brand – “Mytel”. Besides, […]

Beans and Pulses Traders Hopeful to Tap China Market

​​ Beans and pulses produced in Myanmar have long relied on the Indian market, but the industry has started broadening their horizons to another giant market – China, said U Aung Soe, director general from Myanmar’s Trade Promotion Organisation under the Ministry of Commerce. A delegation, which consists of officials from the ministry and nine companies […]

Myanma Railways, Extension of Tender for Track Recording Car. Closing Date 22 March 2018

Myanma Railways Extends the Tender Closing Date as follows: Sr No Tender No Description Initial Closing Date & Time Extension Closing Date & Time 1 16/MR/INDIA (E) 2017-2018 Track Recording Car EM 80 and Small Track Maintenance Machineries 20.2.2018 (14:30) Hr 22.3.2018 (14:30) Hr Managing Director, Myanmar Railways Ministry of Transport and Communications, Nay Pyi […]

Tender No.1/2018 for Cathode Copper. Closing Date: 15 February 2018.

(1) Ministry of Natural Resources and Environmental Conservation, No (1)Mining Enterprise Invites to submit the Cathode Copper( 3000) Tonnes Sale open tender quotation in the United State Dollars. (a) Cathode Copper (1) (1) Lot (100) Tonnes each, 5 Lot Monywa, Minesite (2) (1) Lot (200) Tonnes each, 5 Lot Monywa, Minesite (3) (1) Lot (300) […]

UMFCCI members push for lower tax rates

BUSINESSES at the Union of Myanmar Federation of Chambers of Commerce and Industry have urged Nay Pyi Taw to lower the tax rate, while the Internal Revenue Department said the tax rate has been lowered on an annual basis. Businesses collectively asked the tax rate to be reduced during the Chief Financial Officer conference (CFO […]

Electric power generation enterprise, Invitation to Bid for Rental Power Generation Plant in Kyaukse Region, Submission Date: 19 February 2018.

Date: 6th January , 2018 (EPGE G-02/2017-2018) 1. Electric Power Generation Enterprise (EPGE) seeks to invite tender for the purchasing of electricity on Rental basis in Kyaukse Region. 2. The concession period for the power plant shall be 5 (five) years from commercial operation date (COD). 3. The Tender Form fees is Myanmar Kyats 400,000/- […]

Businesses demand quicker reforms, policy clarity in 2018

After a somewhat “disappointing” 2017 for the private sector, during which key economic legislation failed to take shape as expected, leading businessmen and chambers of commerce have urged Nay Pyi Taw to be more decisive and efficient in implementing reform in 2018. Moving forward, the business community wants to see stronger leadership and direction from […]