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
January 25, 2019 by
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.
July 30, 2018 by
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 […]
Numaligarh Refinery becomes Myanmar’s sixth fuel retailer
September 5, 2017 by
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 […]
MGE’s high value of jades to catch attention of foreign merchants
August 3, 2017 by
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 […]
Sales of apartments booming thanks to instalment payments
June 13, 2017 by
Instalment housing under K30 million are experiencing strong sales within the real estate market, according to U Yan Aung, general manager of Asia Construction. “Within the market, sales of instalment housing in the lower price range, ranging from around K10 million, are booming. The majority of the people are purchasing normal apartment units with an […]
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