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Court-led mediation gains traction, may be expanded

A court-led mediation system being tested in four townships in Nay Pyi Taw and Bago Region is registering modest success, and plans are afoot to expand it to other parts of the country, a senior regional court official said. Mandalay Region High Court Chief Justice U Soe Thein said the mediation system promises to free […]

Request for Expression of Interest, Consulting Services for the Agricultural Development Unit (ADU), Contract Ref: AFD-02, Deadline 20.2.2019

The Government of the Republic of the Union of Myanmar has received a financing from the French Development Agency (AFD) for the Irrigated Agriculture Inclusive Development Project (IAIDP), and intends to use part of the funds thereof for payments under the following contract package: Consulting Services for the Agricultural Development Unit (ADU). The Consultant services […]

Yangon developer looks to cash in on loop line improvements

YANGON — The Japanese trains trundling along the line that loops around Myanmar’s commercial capital, Yangon, are a throwback to an earlier era and a far cry from the modern carriages that whiz through Tokyo. But improvements to the Yangon Circular Railway are likely to speed things up a bit, starting this year, and they […]

National Electrification Project (NEP) Call for Proposals for Mini Grid Projects (CFP2: NEP FY 2017/18) Closing Date 30 October 2017

Subscribe to our tender alert mailing list The Project Management Office (PMO) at the Department of Rural Development (DRD) is inviting interested companies to submit mini-grid proposals for consideration to receive construction subsidy and technical assistance in the financial year (2017-2018).   Target group interested mini-grid developers and associates (off-grid solar, hydro, biomass, wind or […]

Global economic instability drives the rubber price to decline

Rubber prices in Myanmar have declined due to global economic instability, particularly in durable goods markets and petroleum which are closely linked to rubber said U Khaing Myint, the general secretary of Myanmar Rubber Planters and Producers Association. Since May, a tonne of Myanmar rubber sold for about US$1,400 whereas the rubber price hit US$1,800-2,000 […]

DRD invites Expressions of Interest for International Consultancy Positions of ERLIP; Closing Date: February 20th 2015

Subscribe to our tender alert mailing list REQUEST FOR EXPRESSIONS OF INTEREST Ministry of Livestock, Fisheries and Rural Development (MLFRD), Department of Rural Development (DRD) Enhancing Rural Livelihoods and Incomes Project (ERLIP) – JFPR 9174-MYA (ADB) INTERNATIONAL CONSULTANCY POSITIONS The Republic of the Union of Myanmar received a USD 12 million grant from Japan Fund […]

EU chamber pledges to build commercial ties

The European Chamber of Commerce in Myanmar officially opened on December 12, providing a forum for EU businesses to engage with their Myanmar counterparts and government officials. The chamber launches as trade between the 28-member bloc and Myanmar reached 570 million euros (US$710 million) in 2013, a 44 percent increase on the year previous. The […]

Denmark Writes Off $51m Myanmar Debt

Denmark cancelled Myanmar’s debt worth $51 million last week in a string of debt cancellation from Western governments and financial institutions over the last two years, a sign of normalising relations between the West and the once-banished Southeast Asian country. During a visit to Myanmar’s capital Nay Pyi Taw, Danish Minister for Development Cooperation Rasmus […]

Foreign and domestic investors play by same rules: DICA

Burma’s Directorate of Investment and Company Administration (DICA) plans to reform the country’s current investment laws to conform to regional norms, according to DICA director Aung Naing Oo. In light of the passage of a new Foreign Investment Law in 2012, Burma now has two separate laws to govern foreign and domestic enterprises, which is […]

Local banks want partners in order to build capacity

With some foreign banks expected to begin operating in 2014, bankers are increasingly looking to the government and finance organisations to get them up to speed Despite continued efforts on the part of local banks to upgrade services ahead of the anticipated inclusion of foreign competition, bankers claim that they will require outside help in […]