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Lower rents lift Yangon office occupancy: Picon Deed

Lower rents are lifting occupancy levels in the Yangon office market but political uncertainty is deterring new entrants, according to a report by a new property consultancy. Since 2016 the slow pace of economic reforms and the Rakhine refugee crisis have caused business optimism to “trail off”, Picon Deed Property Consultants says. The slowdown hit […]

Anti-Corruption Commission opens office in Mandalay

The Anti-Corruption Commission of Myanmar opened an office in Mandalay on Sunday, and two people were already waiting in line to file complaints. The Mandalay branch is the second opened by the commission, following the opening of its Yangon office on March 16. The office was opened on land owned by the Ministry of Industry […]

Colliers Property Report – Yangon Office Market Quarterly Report Q4 2018

Insurance industry to buoy office market Summary & Recommendations As at the end of 2018, the citywide occupancy breached the 70% mark. Though this is healthy, Colliers has noted the sluggish pace of absorption during H2 2018. While demand appears currently held back given the recent market situation, Colliers remains optimistic that office space requirements […]

Colliers Property Report : Yangon Office 3Q2018

Summary & Recommendations Given the absence of new project completions, the citywide occupancy rate further inched up as at the end of Q3 2018. Meanwhile, the net absorption rate at the end of the quarter is only half the amount recorded from the same period last year. Looking ahead, we expect office demand to increase […]

Metal Ore Tender No.1/2017. Closing Date 5 July 2017

Subscribe to our tender alert mailing list (1) Ministry of Natural Resources and Environmental Conservation, No.(1) Mining Enterprise Invites to submit the tender quotation open tender in the United State Dollars. (a) Cathode Copper 1 Lot (400) M/T and Cathode Copper 3 Lot (1200)M/T Monywa, Mine Site (b) Lead Ore and other mixed (6555) Kg […]

Tender selection for Lanthit Public Housing

Subscribe to our tender alert mailing list Lanthit Public Housing, which is more than five decades old, will close its call for tender next week, according to the spokesperson of the Ministry of Construction’s Urban and Housing Development Department. In Yangon, there are 11 public housing built by the government in 1958 and they are […]

Invitation for Bids for Supply, Installation and Commissioning of Server Room IT Equipment & Infrastructure for Treasury Department. Closing Date 21 March 2017

Subscribe to our tender alert mailing list   1. This Invitation for Bids is for the Supply, Installation and Commissioning of Server Room IT Equipment & Infrastructure for Treasury Department. 2. The Government of the Republic of the Union of Myanmar has received financing from the World Bank and a Grant from UK and Australian […]

Choi sought personal gain in state business in Myanmar

President Park Geun-hye’s confidant Choi Soon-sil, the central figure in the influence-peddling scandal, is facing an additional charge of seeking personal gain in state business worth 76 billion won ($65 million) in Myanmar, prosecutors said Monday. Choi is already on trial for abuse of authority, coercion and bribery. The independent counsel team said it plans […]

MIC pushes through dozens of investment approvals

The commission, which answers directly to the President’s Office, meets several times a month to approve foreign, joint-venture and local investments. According to MIC information dating back to January 2015, the average number of investments approved at each meeting is just under 10. No more than 20 projects have been approved at any previous meeting. […]

UEC invites open tender for National Businessmen to build the office in Thaton; Closing Date: Dec 11, 2015

Subscribe to our tender alert mailing list Republic of the Union of Myanmar Union Election Commission Mon State, Thaton district Election Commission department, Thaton Township Invitation for Open Tender 1. National businessmen are invited to build the office of Union Election Commission that has 44′ x 70′, 2 storey building with RC in Thaton Township, […]