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 […]
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 […]
Enterprise to auction off timber in three regions
February 21, 2019 by
The government will auction off 5400 tonnes of logs and timber to small- and medium-sized businesses in Mandalay, Sagaing and Yangon regions in February. The state-owned Myanmar Timber Enterprise announced the auction at an event organised by Mandalay’s Chambers of Commerce and Industry in Mandalay on Wednesday. “I cannot say what will happen in the […]
Govt. signs two MoUs to produce electricity and sugar in Sagaing
February 4, 2019 by
Sagaing Region government is signed MoUs to produce electricity from biomass and sugar in the region during Invest Myanmar Summit 2019 held at Nay Pyi Taw, sources said. “We signed a first phase of project which worth US$200 million to produce sugar. The overall project will cost US$350 million. It will be a joint-ventured business […]
Contract farming launched in four districts of Sagaing
December 13, 2018 by
Four districts in the Sagaing Region — Sagaing, Shwebo, Monywa, and Yinmabin — are permitting contract farming for production of crops and seeds, said U Than Zaw Oo, the Secretary of the Sagaing Region Investment Committee. “In order to cultivate perennial crops and establish large plantations, investors can rent land by entering into long-term contracts […]
Ministry of electricity and energy invites sealed bids for Installation of Distribution Lines and Transformers for Sagaing (1), Closing Date: 28 September 2018.
August 16, 2018 by
Specific procurement notice Date : 15th August, 2018 Invitation for Bids IDA,Credit No 5727-MM Contract Title Installation of Distribution Lines and Transformers for Sagaing (1) For National Electrification Project Reference No MOEE-NEP/C1-W1/18 1. The Republic of the Union of Myanmar has received financing from the World Bank towards the cost of the National Electrification Project, […]
