Telecoms-related sectors contributed up to three-quarters of economic growth in countries like Myanmar, Thailand, Malaysia, Pakistan and Bangladesh, a Telenor-commissioned report by London-based consultancy Frontier Economics found. With the telecom industry growing at 6-12 percent annually, faster than the GDP growth rates of many Asian developing economies, the industry is a “prime contributor” to economic […]
Invitation for Request for Quotation (RFQ), Deadline: 28th June, 2019
May 31, 2019 by
Invitation for Request for Quotation (RFQ) Ministry of Transport and Communications(MoTC) now invites eligible firm to submit the proposal for “Spectrum Analyzer ”as part of the Telecom Sector Reform Project supported by the World Bank’s Loan. The deadline for submission of RFQ is June 28th, 2019 by 13:30 PM (Myanmar Standard Time). Attention: Director General […]
Invitation for Request for Proposal (RfP): Consulting work in Telecommunications. Closing Date 28 Dec 2018
December 3, 2018 by
Ministry of Transport and Communications (MoTC) now invites eligible consulting firm to submit the Financial and Technical proposals for “Provision of Consulting services to verify the Network Performance of the Mobile Operators’ Networks as part of the Telecom Sector Reform Project supported by the World Bank’s Loan . The deadline for submission of RfP is […]
Sustainable ecosystem needed for telecom boom in Myanmar
September 24, 2018 by
THE PROSPECTS of Myanmar experiencing a sudden boom in telecom will not be realised if the authorities failed to create a sustainable ecosystem in time, according to speakers at Myanmar Connect 2018, held on September 18-19. Sharad Mehrotra, chief executive of Telenor Myanmar, said the most urgent thing Myanmar needs to do is to establish […]
Telecom Sector Draws Foreign Investment
January 8, 2018 by
YANGON — The Telecommunications sector has become the top destination for foreign investment under the National League for Democracy (NLD) government, according to the Directorate of Investment and Company Administration (DICA). “Under the previous governments, most of the foreign investments went to the energy and electricity sectors. But foreign investment in the telecommunications sector has […]
Myanmar taps Israeli expertise in agriculture
October 13, 2017 by
ISRAELI expertise and technologies in agriculture are supporting Myanmar’s efforts in reforming its vast agriculture sector, while the recently enforced investment protection agreement is expected to boost inward investments for Myanmar in the long run. Following the signing of an agreement for Reciprocal Promotion and Protecting of Investments between the two countries in October 2014, […]
Thai SMEs encouraged to invest in Mandalay
September 14, 2017 by
Thailand’s small and medium-sized enterprises (SMEs) are being urged to invest in Myanmar, especially in Mandalay, a region with abundant natural resources, strong agricultural production and growing demand for Thai goods. Speaking at a seminar in Mandalay sponsored by Bangkok Post Plc and Asset Pro Management Co, Nuttaphong Visitkitchakarn, who sits on the executive committee […]
Telecom sector attracts most foreign investment in Myanmar in 2016
January 12, 2017 by
Telecom sector topped the foreign investment line-up of Myanmar with 47.07 percent of the total investment flowing into the country in the fiscal year 2016-2017, according to the statistics of Myanmar Investment Commission (MIC) Tuesday. The telecom sector was followed by industrial sector with 25.5 percent and the rest went to power, hotel and construction […]
Government introduces new online statistics portal
October 26, 2015 by
Myanmar has taken another step toward open data with the debut of an online statistics portal. The Myanmar Information System (MMSIS), built by the Central Statistical Organisation (CSO) under the Ministry of National Planning and Economic Development with help from the Korea International Cooperation Agency (KOICA), aggregates information spanning subjects such as trade, investment, demographics […]
Economic reforms gain momentum
December 31, 2014 by
It’s been almost four years since President Thein Sein came to power and launched his reform programme. This year sees Myanmar attempt to connect to the global economy. The economic reform is a long road ahead that requires strong efforts from both the government and private sectors. There is some progress, especially in the liberalisations […]
