Kaladan woes reflect frustrated Indian vision for Myanmar and Southeast Asia

India’s ambitions to establish a foothold in Myanmar and strengthen ties with Southeast Asia risk being jeopardised by the ongoing Kaladan project. This ambitious venture exposes India’s overseas infrastructure failings, and thus its inability to push rival China aside. Long deterred by Myanmar’s status as a military dictatorship, India has only relatively recently built substantial […]

DICA Advocates for Investment in Conflict Zones

By the end of the month, the Myan­mar Investment Commission will open a branch office in Sittwe to “provide a solution to re­gional conflict,” U Than Aung Kyaw, Deputy Di­rector General of Direc­torate of Investment and Company Administration (DICA) told Myanmar Business Today. Both the Union and State governments have expressed their desire to achieve […]

International Consultant Lead Researcher – Rakhine Joint Assessment. Closing Date: 18 July 2017

Subscribe to our tender alert mailing list Country : MYANMAR Description of the assignment : Lead Researcher – Rakhine Joint Assessment Period of assignment/services : 43 Working days Duty Station : Yangon and Sittwe (with possible domestic travel in Rakhine State and to Nay Pyi Taw) Type of Contract : International Consultant (Individual Contract) Proposal […]

Rakhine Officials Scrap Toll Fees to Ease ‘Burden’ on Businesses

Local officials have scrapped tollgate fees at the entrances to towns in Rakhine to ease financial pressure on traders who use the routes regularly, a state minister has said. U Min Aung, Rakhine’s State Minister for Civil Development, made the announcement follow­ing a decision at a regular state parliamentary meet­ing last month. “We will stop […]

Myanmar’s beach destinations to watch

Myanmar’s four key beach destinations – Ngapali, Kawthaung, Ngwe Saung and Chaungtha – are emerging as up-and-coming tropical getaway spots in Asia, each with its own distinct characteristics. According to C9 Hotelworks’ new Ngapali Beach Tourism Market Review, the impact of more airlift to Ngapali’s main gateway of Thandwe last year pushed growth up 28 […]

Rakhine airport in Myanmar to be built by tender

Subscribe to our tender alert mailing list The Rakhine State government will invite tenders for the construction of an airport in Mrauk-U, State Planning and Finance Minister Kyaw Aye Thein said. He told the Myanmar Times that the decision to put the airport project out to tender was due to insufficient funds in the state’s […]

Myanmar govt body suggests setting up garment units in Sittwe

The Myanmar Investment Commission (MIC) has suggested that apparel stitching factories be set up in Ponnakyun, Sittwe in a bid to create job opportunities for local people and also stop migration. MIC has recommended several fiscal incentives for companies interested in starting projects in Sittwe, to encourage investment in a less developed region. A MIC […]

India set to hand Sittwe port back to Myanmar

INDIA WILL hand control of Sittwe port back to Myanmar’s Rakhine State government in the second week of March, India’s ambassador to Myanmar Vikram Misri said. The port, which links the two countries, was built by India for ships with displacement of up to 20,000 tonnes to dock. Ships with displacement between 3,000 and 4,000 […]

Myanmar Citizens Bank Opens First Ayeyarwaddy Branch

​​ Myanmar Citizens Bank (MCB) opened its 23rd branch in January, in Pathein Township, the bank’s first branch in Ayeyarwaddy division. The Pathein branch is the 5th to open in the 2016- 2017 financial year following new branches in Mandalay, Pyay, Latha and Sittwe. “By opening new branches, the locals can access safe, secure and […]

Rakhine commerce minister sees bright future for black bean exports

​​ The Rakhine State commerce minister is hoping around 10,000 tonnes of black gram beans will be exported to India from Sittwe this year, pending completion of the Kaladan Multi-Model Transit Transport Project. The Kaladan project will connect Mizoram in India to Sittwe, the capital of Rakhine State, via the Kaladan River. The project was […]