9 Acres of Marga Land Returned to Govt, but MP Demands More

The return to public hands of more than half a plot of land given to Marga Landmark Co for the relocated Dagon City real estate project in the waning days of the previous government is not enough for MP U Maung Maung Ohn, who yesterday called for more. Nine of the 17.7 acres of public […]

Chambers of Commerce to suggest economic development in seven sectors

To effectuate the development of local businesses, the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) will give guidance on the needs in seven different sectors — agriculture, construction, energy, manufacturing, tourism, technology and finance, said U Zaw Min Win, the chairman of UMFCCI. The UMFCCI will submit an assessment report in […]

Education Ministry Wants to Take Back Rangoon Land from Property Developer

RANGOON — Burma’s Ministry of Education now wants Parliament to help it take back a valuable parcel of land that the former government gave away to international developer Marga Landmark. The 17.7-acre tract, situated in a prime location close to Rangoon’s Inya Lake and the Sedona Hotel, once belonged to the Ministry of Science and […]

Russia, Myanmar Launch Working Body for Nuclear Tech Cooperation

Russia and Myanmar this week established a working body for nuclear technology cooperation, according to officials. Little is known about the bilateral taskforce, including who is involved or even how many members are included. The two countries signed a memorandum of understanding (MoU) to cooperate in nuclear technology for peaceful purposes in June last year. According to […]

Clash complicates 2600MHz auction

A spectrum auction scheduled for the end of March may not come off as outlined in initial plans, as the communications ministry is still weighing commentary from the telecoms industry. At the beginning of February, the Ministry of Communications and Information Technology (MCIT) posted a consultative document about the auction of 140MHz of spectrum in […]

Convenience, security give new Myanmar ride-hailing app an edge

Ride-hailing apps are spreading throughout Asia and Myanmar is the latest country to jump on this increasingly popular bandwagon, with the planned launch of an Uber-style service. Mr Saw Myo Chit, a 33-year-old father of two, is a driver for a local company and earns about US$300 a month. However, with a two-week-old newborn and […]

Department of Rural Development invites EOI for Off-Grid – Solar PV Implementation Advisor of National Electrification Project; Delivery Date: Feb 11, 2016

REQUEST FOR EXPRESSIONS OF INTEREST Individual Consultant Ministry of Livestock, Fisheries and Rural Development Department of Rural Development (DRD) Myanmar: National Electrification Project (NEP) Off-Grid – Solar PV Implementation Advisor IDA Project No. 152936 Reference No. C2-TA13 1. This Request for Expressions of Interest follows the general procurement notice for this project that appeared in […]

Suu Kyi bemoans youth ‘wasting time’ online

Myanmar’s Aung San Suu Kyi, who was forced to spend years of solitude under house arrest, has hit out at young people “wasting time” on computer games and social networking. The veteran opposition politician, whose party will soon take power after winning landmark elections last November, made the comments in a letter to organisers of […]

Chinese investment in Myanmar’s SEZ pure business

The interests of Myanmar and its people will be the top consideration of the developers of two projects in Myanmar’s special economic zone (SEZ) in the town of Kyaukphyu, a company official told Xinhua recently. The China International Trust and Investment Corporation (CITIC) Construction company, together with four other Chinese companies and one Thai firm, […]

Carriers soup up networks as new rivals come knocking

Myanmar’s wireless market is embarking on a new chapter, now that the bulk of the country’s population is connected. Norwegian telecom company Telenor runs this cellphone shop in Yangon. The Southeast Asian nation’s mobile penetration rate has shot up from 9% at the end of 2013 to an estimated 70% or so. Auctions for new […]