Deadly secret: The illegal abortions killing Myanmar’s women

Yangon, May 2 (AFP) Thiri’s heart started pounding and her whole body shook after she swallowed the final dose of pills that would end her unwanted pregnancy in a Yangon hotel. Her boyfriend had abandoned her after finding out she was pregnant — a familiar story in Myanmar, where many consider women “ruined” if they […]

Invitation for Bids (IFB) for Supply of Core Banking System for Myanmar Economic Bank. Prebid Meeting 31 May 2017.

  Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Modernization of Public Finance Management Credit No. 54020-MM/Grant No. TF017910 IFB No: MPFMp-ICB-IS2S-C2-IS218 IFB Title: Supply, Implementation and Support of a CORE Banking System (CBS) and related linkages for Myanma Economic Bank. 1. The Government of the […]

KBZ Bank opens settlement account in US

Kanbawza Bank (KBZ Bank) Limited, part of the KBZ Group of companies, announced yesterday that it has opened a USD settlement account with international bank Sumitomo Mitsui Banking Corporation’s New York branch (SMBC New York), to offer streamlined remittance services that enable faster, more convenient trade financing and transactions between Myanmar and the United States, […]

Vietnamese IT company selected to modernise Myanmar’s public finance system

​​   Vietnamese IT giant FPT Corporation has been selected by Myanmar to implement a 11.3 million USD project that is part of a programme to modernise the nation’s public finance system, Saigon gpdaily reported on 26 February. FPT beat 12 competitors from China, India, Singapore, Malaysia and Myanmar to win the biggest IT project […]

What Opening Up an Isolationist Nation to the Global Economy Does to Traffic

Three years ago, traffic may have cost Burmese 24-year-old Kyaw Kyaw Win his job. He migrated to Yangon, the commercial capital of the country now known as Myanmar, in search of worktwo years after the start of crucial economic development reforms that opened the once-hermit nation to international investment. The country of more than 51 […]

Ministry of Industry to invite open tender for No.(2) Steel Mill Project (PangPet); Closing Date: January 6, 2015

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. THE REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF INDUSTRY No.(1) HEAVY INDUSTRIES ENTERPRISE ( INVITATION FOR OPEN TENDER) Open Tender is invited for the supply of the following respective item which is necessary for No.(2) Steel Mill […]

Export Marketing & Milling Department Open Tender Sales Notice 25-8-2014

Notice for Open Tender Sales Myanma Timber Enterprise will sell Teak Logs by competitive bidding. Particulars of the Open Tender Sales are as follows: Open Tender No: 05/2014-2015 Date: 25-8-2014 Time: (1:00)P.M Place: Tawwin Hall (Myanma Timber Enterprise) Gyogone, Insein, Yangon Quality Sawing Grade-II,IV,V,VI, VII About ( 170  ) Hoppus tons Sales Basis Ex-Depot in […]

Road Transport Authority plans to collect car registration fees in Myanmar currency

Road Transport Authority plans to collect car registration fees in Myanmar currency The Road Transport Administration is planning to collect car registration fees in Myanmar kyat in place of dollars as instructed by President Thein Sein, according to the Rail Transportation. Collecting, paying, receiving and transferring the taxes in dollar by some departments of the […]

Foreign Exchange Certificate to be abolished

Foreign Exchange Certificate (FEC) which is used in lieu of the US dollar are no longer required. The FEC was originally introduced by the Central Bank for foreigners to use when travelling within the country. The value of the FEC will be held as the same value as the US dollar so that holders do […]