China Seeks Road, River Route Via Ayeyarwady for Economic Corridor

China is planning to build vital trade and logistics links with Myanmar along the Ayeyarwady River as part of the China-Myanmar Economic Corridor (CMEC) to bypass poor road infrastructure. Proposed by China in November 2017 as part of its global Belt and Road Initiative, the CMEC is expected to connect China’s Yunnan Province with Mandalay […]

Ministry of Electricity and Energy invites bids for Installation of Distribution Lines and Transformers, national electrification project, submission date: 1 November 2018.

Specific procurement notice Date : 28th September, 2018 Invitation for Bids IDA, Credit No 5727-MM Contract Title Installation of Distribution Lines and Transformers for Sagaing, Magway, Chin, Magway, Rakhine, Bago (West), Bago (East), Kayin & Mon For National Electrification Project Reference No MOEE-NEP/C1-W2/18, MOEE-NEP/C1- W3/18 & MOEE-NEP/C1-W6/18 1. The Republic of the Union of Myanmar […]

MADB to help fuel growth across entire agriculture supply chain

Attempts will be made to lower interest rates at the Myanmar Agricultural Development Bank (MADB) so that it is able to support the entire agriculture supply chain, according to U Kyaw Win, Union Minister for Planning and Finance. He said that in the 50 years during which MADB has provided loans to farmers, the sector […]

Myanmar to upgrade 3 local airports to receive Chinese tourists

Some local airports will be upgraded to international-standard airports as a part of a slew of projects under China’s Belt and Road (B&R) initiative, according to U Kyaw Win, Union Minister for Planning and Finance. Backed by rising incomes, some 13 million Chinese are travelling abroad yearly but less than half a million came to […]

KBZ Bank partners with Action Aid Myanmar to assist female farmers for financial assistance

Kanbawza Bank (KBZ Bank), the largest privately-owned bank in Myanmar, is to support the improvement of the standards of living for women agricultural producers in the central part of Myanmar by providing access for financing, partnering with Action Aid Myanmar, a non-profit organisation operating here since 2006. “As the first year pilot phase, we have […]

Thanakha Cultivators Facing Difficulty Due to Low Demand

Thanakha cultivators from Ayadaw Township, Mandalay Region, are facing difficulty because of low demand and scarcity of the skilled labours, said U Kyaw Moe, chairman of Ayadaw Township Thanakha Cultivation, Producion, Export and Sales Association. Thailand Thanakha cosmetics are challenging our Myanmar Thanakha market. In fact, they are fake thanakha cosmetics, for they do not […]

Myanmar Authorities Level Homes of Yangon ‘Squatters’ to Make Way For Residential Housing

About 200 Myanmar police officers and 1,000 hired hands on Monday dismantled 4,000 squatters’ homes and arrested five residents in a township in the commercial capital Yangon under orders from the regional government to clear the area for a high-rise residential project, local officials said. Authorities forcefully tore down the shanty town in Hlegu township […]

Hot-air ballooning transport to launch in October

Hot -air ballooning transport will resume in October after a four-month suspension due to weather conditions, said an official from the Ministry of Hotels and Tourism. Hot-air ballooning in Myanmar is a popular excursion for tourists and locals to enjoy the scenic beauty in places such as Bagan. The balloon can lift off only in […]

Major earthquake strikes central Myanmar, kills four, destroys pagodas

A powerful 6.8 magnitude earthquake shook central Myanmar yesterday, killing at least four people and damaging famous pagodas in Bagan and other regions. The earthquake, with its epicenter inside Myanmar, about 12 miles west of Chauk and about 123 miles southwest of the Mandalay seismological observatory, was recorded at 5.04 pm, according to the announcement […]

Ayeyawady, Chindwin, Ngawun rivers have exceeded danger levels

WHILE exceeding danger levels around several towns the Ayeyawady and Chindwin rivers have threatened to flood people living in low-lying areas. The Department of Meteorology and Hydrology has alerted people living in lowing lying-areas in Mandalay, Sagaing and Ayeyawady regions to take precautions against possible flooding. According to observations yesterday the water level of the […]