Yangon Region seeks to give historic train warehouse a second life

The Yangon regional government has asked the government for money to renovate the 1906 War Tan train warehouse, said Daw Nilar Kyaw, regional minister of Electricity, Transportation and Communication. She told parliament on Thursday the request was included in the budget proposal for fiscal year 2019. “It is a historical building, so we and the […]

Invitation to tender for supply of Kone Cranes Empty Container Handler. Closing Date 10 August 2017

Subscribe to our tender alert mailing list Tenders for the supply of KONE CRANES Empty Container Handler with 9 ton lifting and 7 High stacking capacity, in local kyat are invited by MPA-Allied Yangon Inland Container Depot Ltd. (ICD – 1). Tender documents shall be available during office hour from 8:00AM to 5:00PM commencing from […]

Computer Problem Hurts Squatters List Compilation in Dagon Seikkan

​​ YANGON- The government started compiling a list of squatters from Dagon Seikkan Township, Yangon Region, at the Yuzana Garden Housing Sale Centre and Panintayarma Monastery in Dagon Seikkan Township on Tuesday, said MP Nyi Nyi from the No 1 Constituency of Dagon Myothit (South). The squatters list will be completed in two to three. […]

MIC pushes through dozens of investment approvals

The commission, which answers directly to the President’s Office, meets several times a month to approve foreign, joint-venture and local investments. According to MIC information dating back to January 2015, the average number of investments approved at each meeting is just under 10. No more than 20 projects have been approved at any previous meeting. […]

Outgoing Government Gives Wharf Concession to Tycoon’s Shipping Firm

Burma’s Port Authority has awarded Kaung Myanmar Aung Shipping Co. Ltd. the right to develop a new area for cargo ships to dock on downtown Rangoon’s riverside, state media reports. The company is part of the sprawling KMA Group, which is headed by Burmese tycoon Khin Maung Aye, known to be close to outgoing President […]

Liquor licence fees set to rise

Restaurants and shops selling alcohol will face higher annual licensing fees this year from the Ministry of Home Affairs General Administration Department, according to government officials. U Than Lwin, head of Yangon’s Seikkan township General Administration Department, said a proposal has already been sent to parliament, while his department had notified all liquor vendors in […]

Companies face hefty fines for failing to file taxes: IRD’s Aung Myo Oo

The Internal Revenue Department (IRD) on Tuesday gave a stern warning that companies in Myanmar must file their taxes by June 30, otherwise they stand to face a heavy fine that could be up to 150 times the size of their actual tax bill. “Trying to dodge tax could be a risky task. If they […]