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In China, jade sales enter the era of livestreaming

Wang Qing was clearly unhappy with the amount being offered for a rock that might contain high-quality jade. Speaking into his phone during a livestream auction in Ruili, a city in Yunnan province on China’s border with Myanmar, he said: “7,000 yuan (RM4,228)? For this? Before you offer a second price, friend, please take a […]

Truck company sets sights on 200-unit target this year

Although Myanmar’s economic situation has been slow of late, truck company Mitsubishi Fuso Truck and Bus is targeting sales of 200 heavy vehicles locally this year, said Daw Aye Win Tun, sales manager for commercial vehicles for FUSO. The company first entered the local market with its range of light, medium, and heavy trucks in […]

Yangon motor show seeks to boost automotive market

The Yangon International Motor Show opened on Wednesday with the hope of boosting sales of new vehicles in the country, where the domestic automotive industry is dominated by the used vehicle market. ‘’Our event showcases latest vehicles from top automotive brands currently available in Myanmar along with latest design concept, technologies, and innovations currently shaping […]

Ministry of electricity and energy, National electrification project, Invitation for Bids, Submission Date: 11 September 2018.

Date: 29th July, 2018 Specific procurement notice IDA Credit No. : 5727-MM Contract Title: Concrete Poles for NationalElectrification Project Reference No.: C1-G11 1. The Ministry of Electricity and Energy has received financing from the World Bank towards the cost of the National Electrification Project, and intends to apply part of the proceeds towards payments under […]

Central rubber market to open after legislation

A central rubber market will open in 2019 after the new Rubber Law has been enacted, U Khaing Myint, secretary at the Myanmar Rubber Planters and Producers Association (MRPPA), told The Myanmar Times. The drafting is expected to complete by late this year and, as the parliament is unlikely to have lengthy discussions, the bill […]

Delay in new automotive policy for Yangon alarms business groups

Two major business groups penned a letter to the commerce and transport ministries to complain about the delay in implementing the new vehicle registration system in Yangon. Vehicle distributors and dealers have been waiting for two years for a new policy. The new system was originally expected to be in place by the beginning of […]

Myanma Timber Enterprise: Invitation for open tender, Closing Date: 19 Dec 2017

1. Myanma timber enterprise will sellteak & hardwood round logs and Sawn timbers by open tenders in us dollars. Particulars of the open tender Sales are as follows: (a) date & time (15-12-2017) (12;00)Noon (19-12-2017) (12;00)Noon (b) commodities & volume -Teak logs about ( 1022 ) tons -Teak conversion about( 245 )tons Hard wood logs […]

Numaligarh Refinery becomes Myanmar’s sixth fuel retailer

Assam-based Numaligarh Refinery (NRL), in joint venture with Parami Energy Group, has entered the fuel retailing business in Myanmar. NRL, a subsidiary of BPCL, becomes the sixth fuel retailer in Myanmar, which includes Shell, Total and a clutch of companies from Vietnam and Thailand. Two road tankers, carrying approximately 4,000 gallons of fuel each, will […]

Myanma Timber Enterprise Export Marketing & Milling Department Invitation for Open Tender Closing Date 28 August 2017

Subscribe to our tender alert mailing list 1. Myanma Timber Enterprise Will Sell Teak & Hardwood Round Logs and Sawn Timbers by Open Tenders In Us Dollars. Particulars of the Open Tender Sales Are As Follows: (a) Date & Time  (25-8-2017) (12;00)Noon (28-8-2107) (12;00)Noon (b) Commodities & Volume  Teaklogs About (1615) Tons Teak Conversion About(363)Tons […]

MGE’s high value of jades to catch attention of foreign merchants

High value of jade lots entrusted to Myanma Gems Emporium will range from Euro 3 million to 8 million, reported Myanma Gems Enterprise. The 54th Myanma Gems Emporium will be held at Mani Yadana Jade Hall in Nay Pyi Taw from August 2- 11. The MGE will put 6,561 lots of jades and 326 lots […]