The financial sector rose the most among 15 sectors managed by the government in the first six months of the 2017-18 fiscal year, growing 22 percent as a result of the implementation of new financial services, U Set Aung, deputy minister of the Ministry of Planning and Finance, at Pyidaungsu Hluttaw meeting on Thursday. “If […]
Government restricts forex to banks
December 25, 2015 by
Exporters and importers must use banks for foreign currency transactions, according to new government regulations. The new rules would be another step toward a functioning interbank currency market, but bankers are doubtful they can be immediately enforced. The government amended its 2012 Foreign Exchange Management Law last week to prevent exporters from selling foreign currency. […]
Myanma Petrochemical Enterprise to invite open tender for Petroleum Coke; Closing Date: October 31st, 2014
September 29, 2014 by
Subscribe to our tender alert mailing list The Government of the Republic of the Union of Myanmar Ministry of Energy Myanma Petrochemical Enterprise Auction for Petroleum Coke Tender No.(1) The Myanma Petrochemical Enterprise (MPE), the Ministry of Energy, hereby announces a tender for auctioning the 3,000 (±5%) metric tons of petroleum coke (FOR EXPORT ONLY) […]
India’s Exim Bank to open Myanmar branch
September 1, 2013 by
India has been trying to leverage its aid and loan programmes to counter Chinese influence on Myanmar’s economy New Delhi: Export-Import Bank of India will open a branch in Yangon next month as part of India’s efforts to boost trade ties with Myanmar, as it opens itself to the global economy after decades of isolation. […]
