Low-cost housing units set to hit market

The Department of Urban Housing Development (DUHD) under the Ministry of Construction will offer 388 low-cost apartments in the month of December. Around 4710 people with savings of over K3 million as of September will have the chance to apply for the Official Direct Assistance (ODA) loans. Applicants need to have a savings account at […]

Kirin halts payments to Myanmar beer partner linked to military

TOKYO, Nov 11 (Reuters) – Japanese beverage group Kirin Holdings Co said it was halting payments from its beer ventures in Myanmar to local partner Myanmar Economic Holdings Public Company (MEHL), an entity linked to the country’s military. The United Nations has identified the owners of MEHL as members of the Myanmar military, which has […]

Traders on losing end, will need time to get used to barter trade deal

Myanmar businesses who participate in barter trading with China will have to find buyers for the goods they get in exchange and this system of trade may take some time to get used to. Myanmar Rice Federation central executive committee member U Soe Tun said it would be more convenient for Myanmar businesses to receive […]

Invitation to Bid for National Electrification Project. Contract Valued at USD 17.5 Mil. Closing Date 22 Sep 2017

Subscribe to our tender alert mailing list Date: 8th August, 2017 SPECIFIC PROCUREMENT NOTICE IDA Credit No. : 5727-MM Contract Title: Insulators and Related Fittings for National Electrification Project Reference No. : C1-G5 1. The Ministry of Electricity and Energy has received financing from the World Bank toward the cost of the National Electrification Project, […]

National Prosperity Company under scrutiny on gold debt to gov’t

Negotiations are currently being carried out for NPC to make the payments. The company owes 5.5 tonnes of gold (over 3,400 viss) priced at a fixed rate to the government. NPC has an 8-year contract with the government to mine for gold in the resource-rich Moehti Moemi area, which spans over 6,000 acres of land. […]

Department of Rural Development invites open tender for the supply of desktop computers: November 16th, 2015

Subscribe to our tender alert mailing list REPUBLIC OF THE UNION OF MYANMAR NCDDP – NATIONAL COMMUNITY DRIVEN DEVELOPMENT PROJECT Loan No./Credit No./ Grant No.:H-814MM Contract Title: DESKTOP COMPUTERS Reference No. : NCB G 20 (a) The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) toward the cost […]

Three CityMart Outlets to Accept MPU Cards

Three of Yangon’s 20 CityMart outlets will now accept payment through Myanmar Payment Union (MPU) cards. The three outlets are Myaynigone, Junction Square and 8-mile CityMarts. Daw May Zin Soe Htet, marketing director of City Mart, said, “We have accepted this payment system to provide better service for the customers. MPU card users are now […]

Telenor Myanmar highlights new services ahead of debut

Telenor Myanmar will offer post-paid services to companies and will send agents directly to their offices to pick up payments at the end of each month, according to an executive from the company. Ye Than, a marketing executive at Telenor Myanmar detailed the new payment services the company will introduce after it launches its service […]