Tenders
This week’s new tenders
Jan 22, 2021
Ministry of Construction Invites Open Tenders for Rural Road Construction Works Meiktila University
This week’s new tenders
Jan 15, 2021
Ministry of Border Affairs Invites Tenders for Purchasing of a Computer Numerical Control Machine De
This week’s new tenders
Jan 08, 2021
Department of Marine Administration Invites Open Tenders for the Purpose of Demolition of the Wreck
This week’s new tenders
Dec 25, 2020
Bago University Invites Open Tenders to Purchase Office Equipment, Furniture and Others Technologica
Companies & Investments
Hot news regarding investments in Myanmar
Thai developer fired from Dawei SEZ
Jan 22, 2021
Myanmar has axed a number of high-value contracts with a major foreign developer in the Dawei Specia
Siam Commercial Bank launches in Myanmar
Jan 22, 2021
Siam Commercial has officially launched its Myanmar subsidiary, Siam Commercial Bank Myanmar. “
China signs MOU for Mandalay-Rakhine railway
Jan 15, 2021
China and Myanmar signed an MOU this week for a new 650-kilometer railway line connecting Mandalay w
YSX to add four new companies this year
Jan 13, 2021
The Yangon Stock Exchange will soon add a seventh company, Amata Holding, to its bourse, but three m
Economy
News impacting Myanmar's economic development
IMF predicts only 0.5% growth in FY 2020/21
Jan 22, 2021
The International Monetary Fund has revised its growth forecast to a scant 0.5% for the fiscal year.
USD 370 million textile zone planned for Sagaing
Jan 20, 2021
Sagaing Region will soon receive Myanmar’s first textile-based industrial zone. Myanmar’
New fish economic zone floated
Jan 13, 2021
The government of Tanintharyi has proposed a new economic zone specifically for the region’s f
Individual permits boost trade MMK 8 billion
Jan 13, 2021
A new round of Individual Trading Cards (ITC) has helped boost overall trade by MMK 8.09 billion in
Highlights
In just one sentence
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Singapore has been the top source of foreign direct investments (FDI) into Myanmar since 2012. Thing
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After approving a first loan to address COVID-19 worth USD 356.5 million in June last year, the Inte
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Tourist arrivals drop 75% YoY
Jan 22, 2021Less than 1 million tourists have visited Myanmar in 2020, a drop of more than 75% compared to 2019 -
Sri Lanka, Myanmar discuss ways to promote tourism
Jan 15, 2021Following previous discussions held with the Myanmar Tourism Marketing Association, Sri Lankan ambas
Politics
Most important political updates
Repatriation set for June
Jan 22, 2021
Bangladesh has announced plans to begin repatriating 750,000 Rakhine Muslim refugees to Myanmar in J
Will a Biden presidency shake up U.S.-Myanmar relations?
Jan 21, 2021
This week, the United States swore in President Joe Biden. On the same day, President U Win Myint fo
Ahead of Biden takeover, China affirms support in ethnic conflict
Jan 15, 2021
One week before the U.S. presidential inauguration, Chinese foreign minister Wang Yi reaffirmed Beij
With new China deal, vaccines in sight
Jan 15, 2021
The country’s first COVID-19 vaccinations are on the horizon. Following a deal to buy vaccine
Legal Box
Written by our Partner Duane Morris & Selvam
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Foreign bank licensing – third round
Nov 14, 2019On 7th November 2019, the Central Bank of Myanmar (“CBM”), exercising the power conferred under -
Announcement regarding overtime-working hours issued
Oct 10, 2019The Myanmar Investment Commission (“MIC”) issued an announcement in relation to the overtime-wor -
On 20 September 2019, the Ministry of Investment and Foreign Economic Relations issued Notification
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In exercise of the power conferred under Section 71 (b) of Securities Exchange Law 2013, Securities
