Public

One-stop shops must serve public better, says minister

April 8, 2019 by Thiha

One-stop offices need to improve their service to the public, Union Government Minister U Min Thu told employees of the General Administration Department in Pathein township, Ayeyarwady Region, on Monday. The department has opened 316 One-stop offices with other agencies in the regions and states, aimed at easing the burden on people, who before now […]

Filed Under: Latest News Tagged With: Corruption Prevention Unit, detailed procedures, General Administration Department, government services, One-stop shops, Public, serve, standard operating procedures, U Min Thu, Union Government Minister

Yangon elevated expressway doesn’t need MIC approval: official

January 29, 2018 by Thiha

The Yangon elevated expressway project is a government-to-government project and it doesn’t need approval from the Myanmar Investment Commission (MIC), according to the MIC. “Government-to-government projects are not submitted to the MIC. If the investment is made by public, private and partnership and as a developer, it is submitted to the MIC. The infrastructure projects […]

Filed Under: Latest News Tagged With: Deputy Director General Than Aung Kyaw, DICA, Directorate of Investment and Companies Administration, eu, European Union, government-to-government project, IFC, International Finance Corporation, maintenance costs, MIC, MIC approval, Myanmar investment commission, partnership, private, Public, Taxes, tender selection process, The Ministry of Construction, The Yangon elevated expressway project, Thilawa SEZ, Yangon Industrial Zone, Yangon International Airport, Yangon Port

As the World Moves to Renewable Energy, Myanmar Will Follow

July 26, 2017 by Thiha

YANGON — The government has been pushing plans for coal-fired power plants to address Myanmar’s great need for electricity. Renewable energy expert Hans-Josef Fell talks about how Myanmar can develop its energy plan. Fell is a former parliamentarian in Germany and the current president of the Berlin-based Energy Watch Group. The Myanmar government has been […]

Filed Under: Latest News Tagged With: Bangladesh, batteries, Berlin-based Energy Watch Group, Bioenergy, carbon capture storage, Chernobyl, China, climate protection, Coal, Coal-Fired Power Plants, current president, development, education, electricity, Energy, Fukushima, geothermal, German Parliament, Germany, government, Grid operators, Hans Josef Fell, huge factories, hydro pump power, hydropower, Income, Japan, Myanmar, Myanmar Government, natural gas, Naypyitaw, new coal power stations, Nuclear, oil, policymakers, power, private bankruptcy, Public, radioactivity, Renewable energy expert, renewable energy projects, research, roundtable discussion, Russia, Solar, South America, storage systems, tariff law, Tax, tendering law, The EU, the US, Ukraine, wind, World

KBank Broadens SME Support in Myanmar

May 29, 2017 by thiha

KBank, which styles itself as a champion of small business, has been helping entrepreneurs in Myanmar over the past three years, with short training sessions focused on issues including knowledge transfer and raising awareness of business opportunities. Pattanapong Tansomboon, first senior vice president of K Bank, said in an interview that the bank was broadening […]

Filed Under: Latest News Tagged With: Bago, Commerce Ministry, Holistic Empowerment, industry, K Bank, mandalay, Mawlamyine, Ministry of Industry, Myeik, Nay Pyi Taw, Office of SME Promotion, Pattanapong Tansomboon, Private Sectors Can Join Hands to Develop, Public, Taunggyi, Thai Credit Guarantee Corporation, Union of Myanmar Federation of the Chamber of Commerce, Yangon

No new shares to trade on YSX until July: underwriters

March 7, 2016 by thiha

The first long-awaited initial public offerings on the Yangon Stock Exchange will not include any new shares, said underwriters, while the first company to raise fresh capital is unlikely to list until July. The YSX opened last December to much fanfare but with no stocks to trade. Crowds gathered, a giant bell was rung and […]

Filed Under: Latest News Tagged With: AYA Bank, AYAtrust, AYAtrust Securities, CB Securities, Citizens Bank, Corporation, First Myanmar Investment, First Private Bank, FMI, Great Hor Kham, Holdings, KBZ Stirling Coleman, KBZSC, MTSH, Myanmar, Myanmar Agribusiness, Myanmar Securities Exchange Centre, Myanmar Thilawa, Public, securities, SEZ, U David Soe Lin, U Nyo Myint, U Zaw Lin Aung, U Zaw Zaw Oo, Yangon Stock Exchange

Kyaukphyu SEZ Shares to Go on Sale

September 10, 2014 by thiha

The company formed by local businesses to develop the Kyaukphyu special economic zone (SEZ) will start selling its shares to the public later this year, a senior executive of the company said. The shares of Myanmar Kyaukphyu SEZ Public Holding Co Ltd will be sold at a price of K10,000 each, U Tin Aung, secretary […]

Filed Under: Latest News Tagged With: DICA, Kyaukphyu, Ministry of Rail Transportation, Myanmar, Public, rakhine, SEZ, Shares, special economic zone, U Ba Shwe, U Myint Thein, U Tin Aung

FMI issues additional 25,000 shares for public offering

January 16, 2014 by thiha

YANGON—First Myanmar Investment Co Ltd, a local investment holding company, has begun issuing an additional 250,000 new ordinary shares to be offered to the public at a price of Ks 10,000 (US$ 10.17) each, starting from January 9, company sources say. The additional offering shall be open for 10 business days. The public is invited […]

Filed Under: Latest News Tagged With: Finance Company Projects, First Myanmar Investment Co Ltd, Flagship Residential Development, International Standard Hotel, Issuing, Mitsubishi and Hino Vehicles, Offered, Ordinary Shares, Public, Share Department and Trading Centre, Subscriptions, Thilawa Special Economic Zone, Tourism and Automobile Divisions, Transformational Projects, Vast Opportunity, Yama Bank, Yoma Strategic Holdings Ltd