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New Thanlyin bridge project gets go-ahead

The acceptance of a loan from the Japan International Cooperation Agency (JICA) which will be used for the construction of a second bridge across the Bago River connecting Thanlyin and Yangon has been approved, said a Pyithu Hluttaw MP U Lwin Ko Latt. The first instalment on the JICA loan totals US$36 million (K56.1 billion). […]

Awra Trading Co to supply LPG as petrol alternative in Yangon

Awra Trading Co Ltd will start supplying liquefied petroleum gas (LPG) as an alternative to petrol in Yangon, said chair U Kyaw Myo Naing. On December 16, the local company launched its LPG Auto Gas Filling Station & LPG Conversion Kit Installation Center in Shwe Pauk Kan Industrial Zone, Yangon. “We are expanding and now […]

Myanmar energy firm plans $35m investment

DRIVEN by its vision to become an innovative leader in Myanmar’s growing energy sector, locally-owned Parami Energy Group of Companies plans to invest US$35 million (Bt1.15 billion) in its LPG (liquefied petroleum gas) business over the next three years, according to Group CEO Ken Tun, aka Pyae Wa Tun. He told a media roundtable on […]

Parami Energy to invest US$25m for LPG distribution

Parami Energy will accelerate the distribution of liquefied petroleum gas (LPG) next year, CEO U Pyi Wa Tun said yesterday. He said in a press conference that starting from December 12, 150,000 Parami LPG cylinders will be distributed in the market and before April 2019, 50pc of the LPG cylinders will be distributed in Yangon […]

Ministry of Natural Resources and Environmental Conservation, No.(2) Mining Enterprise, Invitation for Opening Tender, Closing Date: 12 July 2018.

1. No. (2) Mining Enterprise, Ministry of Natural Resources and Environmental Conservation invites to submit the tender quotation for the following materials. Sr. No. Materials Classifies Weight (MT) Location Tender Closing Date / Time Delivery Term 1 Wolfram Concentrate 2.762 Dawei, Tanintharyi Region 12.7.2018/ 2 : 00 PM   F.O.B (Dawei) 2 Tin & Wolfram […]

Yoma Strategic profits from equipment sales, KFC expansion in Myanmar

On October 27, Yoma Strategic, an affiliate of First Myanmar Investments Company (FMI), which is listed on the Yangon Stock Exchange (YSX), announced a strong set of financial results for the period ended September 30. The company announced revenues amounting to S$59 million for the six months to September 30, 2017, representing an increase of […]

Elite Company joins LPG race

Elite Company has been granted permission to distribute Liquefied Petroleum Gas (LPG) in Myanmar, director of State-owned Myanma Petrochemical Enterprise (MPE) U Aung Myint told The Myanmar Times after a press conference on October 12. LPG is a flammable mixture of hydrocarbon gases used as a substitute for electricity in cooking. Elite Company will start […]

Yangon government reviews cinema rental fee

Yangon Region government is reviewing the rental fee for state owned and private cinemas, Minister Daw Naw Pan Thinzar Myo for Karen Affairs said Tuesday at Yangon Region Parliament session. MP U Kyaw Zay Ya from Dagon Township asked the parliament when the regional government started renting out cinemas and stalls in Yangon Region and […]

Workers Demand Minimum Wage Increase

Around 2,000 workers staged a protest march in Hlaingthayar Township yesterday, demanding the immediate raising of the minimum daily wage to Ks 5,600. Members of the Myanmar Labour Union Network organised the protest in cooperation with workers from Pathein, Bago, Thanlyin, Mingaladon and Hlaingthayar townships. Hla Hla from the Myanmar Labour Union Network said: “We […]

Computer Problem Hurts Squatters List Compilation in Dagon Seikkan

​​ YANGON- The government started compiling a list of squatters from Dagon Seikkan Township, Yangon Region, at the Yuzana Garden Housing Sale Centre and Panintayarma Monastery in Dagon Seikkan Township on Tuesday, said MP Nyi Nyi from the No 1 Constituency of Dagon Myothit (South). The squatters list will be completed in two to three. […]