Tigyit coal-fired power plant not harmful to public: Energy Ministry

Tigyit coal-fired power plant is not harmful for local residents and is built in accordance with the UN’s standards, said Khin Maung Win, Managing Director of Electric Power Supply Enterprise under the Ministry of Electricity and Energy at the monthly press conference held in Nay Pyi Taw, yesterday. “The plant cannot be harmful to the […]

Myanmar property group sees its future in consumer sector

In the heart of Yangon, the commercial capital of Myanmar, the former headquarters of Myanmar Railways is surrounded by white steel frames. The historic redbrick building, more than a century old, is being restored and will be the future site of the Peninsula Yangon, a luxury hotel set to open in 2021. The grand structure […]

Ministry of electricity and energy invites sealed bids from eligible bidders for Installation of Distribution Lines and Transformers MOEE-NEP/C1-W4/18, closing date: 29 October 2018.

Specific procurement notice Date : 12th September, 2018 Invitation for Bids IDA, Credit No : 5727-MM Contract Title: Installation of Distribution Lines and Transformers for Shan (East), Shan (South), Shan (North) & Bago (East), Naypyitaw for National Electrification Project Reference No : MOEE-NEP/C1-W4/18&MOEE-NEP/C1- W5/18 1. The Republic of the Union of Myanmar has received financing […]

Request for Expression of Interest for Independent Consulting Services for E-Government Advisor to Ministry, Submission Date: 1 Oct 2018

The Ministry of Transport and Communications (MoTC) invites Independent Consultants (“Consultant”) to indicate their interest to provide their services as e-Government Advisor to support MoTC to undertake the related tasks, as part of the engagement over a one year time period under the World Bank/ IDA funded Telecommunications Sector Reform Project. The Consultant is requested […]

Falling kyat may put pressure on foreign debt

The falling value of the Myanmar kyat versus the US dollar could make repaying external debt harder for the government in the coming fiscal year. In 2018-19, it is expected to repay K877 billion out of the $9 billion Myanmar owes to foreign creditors, according to the budget submitted for the period. That amount may […]

What the US Can Learn from China and India’s Engagement With Myanmar

Washington and Brussels recently levied new economic sanctions against certain Myanmar military officers in connection with the atrocities of the Rohingya crisis unfolding in the country’s western Rakhine state, where thousands of the Muslim minority group have died and hundreds of thousands more have fled across the border to Bangladesh. The United Nations High Commissioner […]

Singapore Pledges Continued Support for Myanmar

Singapore’s foreign minister said the city-state and current ASEAN chair would continue to support Myanmar’s economic development and peace process through its many challenges. Speaking with journalists from across the regional bloc on Monday, Vivian Balakrishnan said Singapore stood with Myanmar as it tackled economic challenges, civil war and the Rohingya crisis. Balakrishnan has met […]

Myanmar Ranks at the Bottom of Asean for Access to Electricity

Naypyitaw — Myanmar’s people have the lowest access to electricity in Southeast Asia, according to U Myo Myint, an energy expert who helped conduct a survey on the issue for the World Bank. “About 70 percent of households in Myanmar get electricity from either the national grid or other sources outside the grid for only […]

Myanmar urged to fix key issues for industrial revamp

MYANMAR’S potential to become a regional investment hub would be realised only if the government manages to address major challenges businesses are facing in the nation, a banking expert has warned. Than Lwin, a senior consultant at KBZ Bank Ltd and former deputy governor of the Central Bank of Myanmar (CBM) stressed the importance of […]

Ministry of electricity and energy, National electrification project, Invitation for Bids, Submission Date: 11 September 2018.

Date: 29th July, 2018 Specific procurement notice IDA Credit No. : 5727-MM Contract Title: Concrete Poles for NationalElectrification Project Reference No.: C1-G11 1. The Ministry of Electricity and Energy has received financing from the World Bank towards the cost of the National Electrification Project, and intends to apply part of the proceeds towards payments under […]