The Myanmar government this month reiterated its desire to press ahead with the proposal to build an international airport in Bago Region, around 80km from Yangon. Transport Permanent Secretary U Win Khant said that the Hanthawaddy airport project will be implemented with a loan from Japan. “There are a lot of prospects for development. I […]
Four factories to start producing masks in Myanmar
April 7, 2020 by
Four factories in Yangon and Bago regions will begin producing face masks after the Thingyan holidays amid soaring local demand for masks due to the outbreak of coronavirus, officials say. At present there are no factories primarily focused on producing the masks in Myanmar, so to two factories in Yangon Region and two in Bago […]
Ex-Oway Director’s e-commerce app Ezay makes life easy for rural woman retailers in Myanmar
April 2, 2020 by
Ezay connects ‘mom-and-pop’ shops with wholesalers in Myanmar, and products delivered the same day or the next day Kyaw Min Swe’s sister runs a small retail shop in Nattalin in the rural Bago region in Myanmar. Seeing her struggles in getting stock to the shop and having to constantly ask her spouse for help, Min […]
Invitation for Bids – National Electrification Project , Deadline : 6th April 2020
March 6, 2020 by
The Republic of the Union of Myanmar National Electrification Project Credit No 5727-MM Date: 6th March 2020 Contract Title: Installation of Distribution Lines and Transformers for Ayeyarwady, Mon and Bago (West) Reference No: MOEE-NEP-P2/C1-W7/2020 and MOEENEP-P2/C1-W8/2020 1. The Republic of the Union of Myanmar has received financing from the World Bank toward the cost of […]
Invitation for Bids – National Electrification Project , Deadline : 24th March 2020
February 24, 2020 by
The Republic of the Union of Myanmar National Electrification Project Credit No 5727-MM Date: 24th February 2020 Contract Title: Installation of Distribution Lines and Transformers for Sagaing & Bago (West) Reference No: MOEE-NEP-P2/C1-W2/2020 and MOEENEP-P2/C1-W5/2020 1. The Republic of the Union of Myanmar has received financing from the World Bank toward the cost of the […]
Yangon Investment Forum suspended due to virus fear
February 21, 2020 by
Yangon Investment Forum which is scheduled for February is suspended due to the spreading of coronavirus, said U Thant Zin Lwin, Secretary of Myanmar Investment Commission (MIC) The investment forums are scheduled to take place in Yangon, Sagaing, and Bago Regions during this year. Currently, there is no plan to suspend Sagaing Investment Forum scheduled […]
South Korean firm invests in Bago power project
January 7, 2020 by
South Korea’s MCM Power Company will invest over US$35 million on a power generation and distribution project in Pyay township, Bago, according to U Thant Sin Lwin, Director-General of the Directorate of Investment and Company Administration (DICA). The gas-powered project is expected to generate 40MW of electricity. Interest in the Myanmar power sector from Hong […]
Farmers have Shirked Loan Repayments Since 2012
November 27, 2019 by
Farmers who owe some K200 billion to state-owned Myanmar Agriculture Development Bank (MADB) have not repaid their debts since 2012, according to bank records. Most of the farmers are from Ayeyarwaddy, Bago and Yangon. “These farmers need to pay what they owe to the bank. Currently, our situation is such that savings levels have fallen […]
Minimum Wage Fails to Keep Up With Cost of Living, Myanmar Labor Group Says
November 7, 2019 by
YANGON – While the current minimum wage is just 4,800 kyats (US$3.15) per day, the average cost of living per day is between 7,000 and 9,000 kyats, according to a survey by the Confederation of Trade Unions in Myanmar (CTUM). The CTUM has been conducting the survey to support adjustments to the minimum wage. The […]
