Subscribe to our tender alert mailing list (1) Ministry of Natural Resources and Environmental Conservation, No.(1) Mining Enterprise Invites to submit the tender quotation open tender in the United State Dollars. (a) Cathode Copper 1 Lot (400) M/T and Cathode Copper 3 Lot (1200)M/T Monywa, Mine Site (b) Lead Ore and other mixed (6555) Kg […]
KBZ to provide 24-hour service for trade-related payments via MPU
June 2, 2017 by
Kanbawza Bank has prepared to offer its around-the-clock service for trade-related payments through Myanmar Payment Union-MPU system, said U Aung Kyaw Myo, Deputy CEO of the KBZ Bank. The announcement for the payment system change came at the workshop on trade transaction payments with Myanmar Payment Union (MPU) system and expanding the fully online licensing […]
Thilawa SEZ attains over US$120million FDI in two months
June 2, 2017 by
Over US$122million of foreign direct investments flowed into Thilawa Special Economic Zone (SEZ) so far in the current Fiscal Year 2017-2018, under previously permitted investments by Myanmar Investment Commission increasing. The investors from 16 foreign countries put investments into Thilawa.Last Fiscal Year 2016-2017 saw FDI of US$262.588million. Thilawa received FDI of nearly US$ 980million, including […]
Yangon takes legal action against nearly 30,000 vehicles
June 2, 2017 by
The Yangon region government took legal action against nearly 30,000 vehicles which are parked on public roads for long periods, it is learnt. As the number of cars in Yangon increased and parking became scarce, there were many quarrels over parking. Some companies and shops are taking up many of the parking spots on public […]
‘Myanmar Banker Leadership Program’ launched
June 1, 2017 by
Siam Commercial Bank (SCB), in collaboration with Myanmar Banks Association and Thammasat University, launches SCB Bankers Academy “Myanmar Banker Leadership Program”, the first program exclusively developed for Myanmar banking executives, according to a press release. To foster talent in the banking industry, the program is specially tailored for Myanmar banking executives to build skills and […]
Local Entrepreneurs Take Part in Myanmar’s ‘Largest Ever’ StartUp Competition
June 1, 2017 by
More than 23 teams from a pool of 100 local entrepreneurs have participated in the country’s largest ever startup competition StartUp Challenge 2017, organised by Yangon-based innovation lab Phandeeyar. Over the 9-day competition teams had to learn the “lean-startup” methodology of creating a tech business in one of four categories – Fintech (financial technology), AgTech […]
Facebook ‘ban’ of anti-Muslim slur sparks Myanmar outcry
June 1, 2017 by
Myanmar netizens were in an uproar on Monday after Facebook seemingly banned people from posting the word “kalar,” often used as a slur against Muslims, at a time of rising Islamophobia in the country. Facebook is under global pressure to clamp down on hate speech, violent threats or deliberately misleading information on their platform — […]
Mango Growers Call for More Education on Quality Control in a Bid to Crack International Markets
June 1, 2017 by
As potential foreign mango buyers descend on Myanmar to check out the local produce amid a seasonal surge in demand, local growers say more education on quality control is needed if Myanmar mangoes are to gain a foothold in international markets like Europe. “Foreign delegations are coming to Myanmar to test the quality of Myanmar […]
