Myanmar awards fourth telecoms license as mobile market heats up

Myanmar on Thursday awarded its fourth – and final – telecoms license to a joint venture between Vietnam’s telecom company Viettel and two local firms, heating up competition in a rapidly growing market by adding a second majority-Myanmar operator. Military-run Viettel will have a 49 percent stake in the new venture called Myanmar National Tele […]

EOI for Consulting Services– Individual Consultant (International Road and Bridge Advisor). 27 January 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. [Country] The Republic of the Union of Myanmar [Name of project] Myanmar Flood and Landslides Emergency Recovery Project Loan No.: 5889-MM Assignment Title: International Road and Bridge Advisor Reference No.: C4-IST-IC01 The Republic of the Union of Myanmar […]

Suu Kyi Opens NLD Government’s First Public Housing Project

​​ You’ll be forgiven if you’re skeptical about the latest pledge from Yangon’s electricity minister: she has said there will be no power cuts in the city this hot season. Any resident who has been tormented by mosquitoes while sweating in pitch darkness knows that city authorities have always struggled to keep the juice flowing […]

Passengers Complain After Bus Drivers Raise Fares

Passengers expressed concern and displeasure during an impromptu gathering on Tuesday over unauthorised fare increases on the Yangon-Thanlyin bus line from Ks300 to Ks500. Bus drivers on the Yangon-Thanlyin line were allegedly demanding extra charges, which caused a tense situation yesterday that prompted Daw Nilar Kyaw, Minister for Electrical Power, Industry and Transportation, an official […]

New Power Plant to be Established in Ayeyawady

THE AYEYAWADY Region government plans to build its own power plant capable of producing up to 50 megawatts of electricity with the aim of fulfilling the growing local energy demands in the coming summer. The current daily consumption of electricity in the region is 97 megawatts. It is estimated that the consumption rate is likely […]

More effort needed to tackle idle industrial land

A month after the first site visits to inspect idle industrial plots in Yangon, officials are warning there will be no progress in freeing up unused land without a special committee that has the power and resolve to revoke the leases of absentee owners. Yangon Region government announced in late May that it was turning […]

Botahtaung jetty project terminated over environmental impact

THE construction of a multi-purpose jetty on Botahtaung Pagoda road in Yangon will be terminated due to its negative impacts on the environment, Transportation and Communications Union Minister U Thant Sin Maung said yesterday at the Pyithu Hluttaw. The parliament was unanimous in accepting the proposal calling for an end to the project, with representatives […]

Rice sector faces long struggle

Whatever steps the incoming government may be contemplating to spur investment, agricultural experts see little improvement in the short term for rice cultivation. Even long-term development will be a drawn-out struggle, said Myanmar Rice Federation general secretary U Ye Aung. In a recent interview with The Myanmar Times, U Ye Aung said barriers to raising […]

Sales slow but ministers optimistic on Mandalay jade market

Mandalay jade sellers are still resisting moving to a new market due to open in August. Only a small percentage of apartments at the market have been sold, although the regional mining minister says he believes the market will be a success. Over 2000 apartments will be available at the new market facility, but just […]

As Flood Recedes, Vegetables Rise in Price

Transportation disruptions and difficulties caused by floods in Myanmar have reduced the flow of vegetables resulting in hike in prices, according to traders. Since the end of July, the floods in the upper regions of the country have ravaged much of the country’s infrastructure, and vegetable prices have risen. “The main factor is transportation. Flow […]