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Local startups call for greater private sector support, changes to tax regime

While local start-ups are increasingly becoming drivers of change in Myanmar, obstacles remain for new companies to expand their reach and properly execute their projects. Daw Hla Hla Win, CEO and founder of a Yangon-based education startup called 360ed which uses virtual reality and augmented reality applications to promote new ways of learning in Myanmar, […]

Investors hesitate to invest in power sector

NAY PYI TAW — The deputy minister for electric power has denied claims in parliament that plans to increase the price of electricity was aimed at pleasing investors. The government will now charge Ks 20 per unit of electricity, according to deputy minister Aung Than Oo, which will cover production, construction and maintenance of hydropower […]

MINISTRY OF ELECTRIC POWER: Invitation to the private investors who are willing to invest in electricity generation

Subscribe to our tender alert mailing list Invitation to the private investors who are willing to generate the electricity by implementing hydropower projects and coal-fired thermal power projects 1. The private companies which are willing to generate the electricity by implementing hydropower projects and coal-fired thermal power projects, are invited to participate in developing power […]

Govt Invites Private Investors to Upgrade 30 Domestic Airports

Subscribe to our tender alert mailing list YANGON — The Department of Civil Aviation (DCA) announced on Wednesday that it plans to use local and foreign private investors to upgrade 30 of Myanmar’s 69 domestic airports in a bid to improve the country’s underdeveloped airport capacity and infrastructure. “We want to stop using the government […]