importer

Import of Diesel to Myanmar, Calling Interested parties.

August 18, 2018 by Thiha

Numaligarh Refinery Limited (NRL), a Government of India Enterprise, operating a 3 million metric tonnes per annum (60,000 bpd) petroleum refinery is looking for interested parties in Myanmar to import NRL diesel at Tamu, Myanmar and establish a market for its products in the Sagaing region. -Source of supply: Numaligarh Refinery in Assam, India -Distance […]

Filed Under: Tenders & Awards Tagged With: Asian Highway 1, Assam, Diesel, General Manager (Marketing), Government of India Enterprise, import, importer, India, Mr Eebon Datta, Mr Subrata Das, Myanmar, negotiable, Normal Diesel, NRL, Numaligarh Refinery Limited, premium Diesel, price, Sagaing Region, Senior Manager (Marketing), sulphur, Tamu

Traders expect better business on wider trade financing options

March 20, 2018 by Thiha

Now that the Central Bank of Myanmar (CBM) has allowed a total of seven foreign banks to provide trade financing services in Myanmar, traders are anticipating much better business in the months ahead. Last December, the CBM permitted 13 foreign banks to apply for approval to offer trade financing services in the country. Since then, […]

Filed Under: Latest News Tagged With: a local timber businessman, a rice exporter, Australia and New Zeland Banking Group, Bangkok Bank Public Company, Bank of Tokyo-Mitsubishi UFJ, Buyer, CBM, CBM Vice-Governor U Soe Thein, Central Bank of Myanmar, cheaper price, CIF, Cost, E. Sun Commercial Bank, Export sector, financing options, FOB, foreign bank branches, Foreign Banks, Free On Board, importer, Industrial and Commercial Bank of China, Insurance and Freight contracts, Interest Rates, international-standard trade, LC, Letter of Credit, Loans, Local Banks, low interest rates, Malayan Banking Berhad (Maybank), Mizuho Bank, Myanmar ports, Myanmar Times, Myanmar trade sector, Oversea Chinese Banking Corporation, Shinhan Bank, State Bank of India, Sumitomo Mitsui Banking Corporation, Telegraphic Transfer, The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), trade financing services, Traders, TT, U Kyaw Kyaw Win, U Nay Lin Zin, United Overseas Bank

New Myanmar oil pipeline bolsters China’s energy security

April 24, 2017 by Thiha

The opening of an oil pipeline through Myanmar is a big step forward for China’s energy security, reducing the major importer’s reliance on shipments through waters where the U.S. exerts strong influence. Chinese President Xi Jinping and Htin Kyaw, his counterpart from Myanmar, agreed Monday to activate an oil pipeline stretching roughly 770km from Kyaukpyu, […]

Filed Under: Latest News Tagged With: aung san suu kyi, Beijing, Central Asia, China, Chinese President Xi Jinping, Energy, Europe, Htin Kyaw, importer, infrastructure, Minister, Myanmar Oil, President Thein Sein, Road, Russia, South China Sea, supplier, U.S

Bid to boost Myanmar shrimp trade begins

March 16, 2017 by Thiha

“We usually import broodstock from Thailand. But, possibility for the broodstock to suffer some diseases is truly a major risk to our shrimp production. Now we are about to start sustainable shrimp farming with the help of a firm from the United States,” he said. According to Kyaw Tun Myint, Myanmar entrepreneurs in the industry […]

Filed Under: Latest News Tagged With: Accor SA, AGD Bank’s Managing Director Htoo Htet Tay Za, Ayeyarwady, Bloomberg Invest Myanmar, Burma, China, company, entrepreneur, European Union, food, Hawaii, hotel, importer, industry, infrastructure, Jim Wyban, Kyaw Tun Myint, Marine Genetics LLC, market, Max Myanmar Holding Co, Myanmar, Myanmar shrimp, PL, project manager Kelly Morgan, rakhine, Southeast Asia, Tay Za, Thailand, the United States, U Zaw Zaw, us, Yangon

Metro Group and Yoma Strategic Holdings sign joint venture agreement for wholesale distribution in Myanmar

February 27, 2017 by Thiha

Metro Group Wholesale & Food Specialist Company announces its joint venture partnership with the Singapore-listed Myanmar-focused Yoma Strategic Holdings Ltd. to develop a one stop food distribution platform in Myanmar. According to the agreement, METRO will take an 85% stake in the newly established joint venture called METRO Wholesale Myanmar Ltd., with the remaining 15% […]

Filed Under: Latest News Tagged With: Chairman of the Management Board of METRO AG, customer, distributor, importer, infrastructure, market, Melvyn Pun, Metro Group Wholesale & Food Specialist Company, Olaf Koch, singapore, Thilawa Special Economic Zone, Yoma Strategic Holdings, Yoma Strategic Holdings' Chief Executive Officer

Myanmar CMP system apparel exports rise 83.7%

January 12, 2017 by Thiha

As of middle of December 2016, exports from Myanmar garments firms employing the cutting, making and packaging (CMP) system soared to $1.157 billion, up 83.7 per cent as against $629.709 million in the same period of the prior fiscal. Exports to Japan, the largest apparel importer from Myanmar accounted for 33 per cent of all […]