High potential of Myanmar Economy

The topic of economic transformation in Myanmar was thoroughly discussed at the Forum on Myanmar Democratic Transition held from 11 to 13 August 2017 in Nay Pyi Taw. The talks could generally be summed up that despite the slow economic take-off in Myanmar, the good potential of the Myanmar economy will be seen in the […]

National Electrification Project. Invitation for Bids to Supply Steel Parts & Accessories. Est Value of Contract USD 45 Mil. Closing Date 27 Oct 2017

Subscribe to our tender alert mailing list Date: 1st September, 2017 SPECIFIC PROCUREMENT NOTICE IDA Credit No. : 5727-MM Contract Title: Steel Parts and Accessories for National Electrification Project Reference No. : C1-G7 1. The Ministry of Electricity and Energy has received financing from the World Bank toward the cost of the National Electrification Project, […]

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 mailing list   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 Republic of the Union of Myanmar has received financing in […]

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

Subscribe to our tender alert mailing list   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 […]

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 mailing list 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 Project (PangPet) on CIF Yangon Port Price in United States […]

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

Subscribe to our tender alert mailing list 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  […]

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 […]