Singapore embassy enlists Exera for security service
The Singapore Embassy in Yangon has asked Exera Myanmar to provide security guarding services in the next three years. The tendered price is US$478,329 for the initial period of three years ...
Final warning to deposit export earnings in local accounts issued
The export-import registration certificates of 93 companies will be revoked and actions will follow if export earnings are not deposited back into local bank account within two weeks of the trade, ...
KDDI, Sumitomo jointly enter Myanmar mobile game market
Major Japanese mobile carrier KDDI Corp. and trading house Sumitomo Corp. are launching a mobile game business in Myanmar in cooperation with a state-run telecommunications entity. Ref: https://www.mmtimes.com/news/kddi-sumitomo-jointly-enter-myanmar-mobile-game-market.html
Toyota to build factory in Myanmar
Toyota Motor Corp. is planning to build an automobile factory in Myanmar, The Yomiuri Shimbun has learned. An official announcement could come before the end of the month, with construction on ...
Ring road construction to start in July: commerce ministry
Phase one of the proposed Yangon elevated highway will begin construction in July 2020, according to the Ministry of Construction (MOC). The project is expected to be completed within three years. ...
Myanmar: A burgeoning entrepreneurial ecosystem
A bit more than a decade ago, buying a cellular SIM card in Myanmar cost US$3,000 in 2001 and $250 in 2013. Fast forward to April 2019, and you can purchase ...
Authorities aim to strengthen investment facilitation in related ministries
The Ministry of Investment and Foreign Economic Relations has pledged to strengthen investment facilitation in related ministries. Speaking at a training workshop in Nay Pyi Taw, U Aung Naing Oo, the ...
Myanmar Tourism Bank starts operating first branch
The first branch of Myanmar Tourism Bank (MTB), located in Yangon, has started operation on Monday offering financial assistance to tourism companies. MTB is one of five sector-specific banks granted a ...
Pwint Thit Sa 2019: Five things you need to know
The fifth Pwint Thit Sa (Transparency in Myanmar Enterprises) report has been released by the Myanmar Centre for Responsible Business (MCRB) and Yangon-based consulting firm Yever. City Mart tops the league ...
French to help finance Myanmar’s hydropower upgrades
Myanmar is set to receive a €35.7 million (K60.2 billion) loan from the French Development Agency (AFD) to upgrade to five hydropower plants, President U Win Myint said in a message ...