Army confiscated land plots included in Yangon New World property project in Yangon region from Zay Kabar Company as the company failed to follow the agreements stated in the Memorandum of Agreement (MoA) signed between Quartermaster-General Office and the company, according to Secretary of Office of Garrison Town Development Committee (Yangon). The Quartermaster-General Office and […]

Issuance of re-export sugar licenses with China have been suspended, according to U Aung Htoo, deputy commerce minister. This recent measure comes in light to solve the problem of currency manipulation. However, he added that it’s a temporary decision and will be reconsidered if businesses and foreign currency stabilizes. In face of this decision, China […]

The Directorate of Water Resources and Improvement of River Systems and Japan International Cooperation Agency signed an agreement worth 6,033 million yen in grant aid for a Mandalay port construction project. The agreement signing ceremony was attended by Director General Tun Lwin Oo and officials from the directorate and JICA officials. The Mandalay port construction […]

China offered to invest an international standard industrial zone including food products, pharmaceutical products and garment factory in Bago region, said by government of Bago region. To invest an international standard industrial zone in Bago, China-based company which is partner with Zillion Trading Co.,Ltd, Zhejiang Chamber of  Commerce and Mr. Tu. Guoding delegation visit to […]

Ministry of Electricity and Energy: National Electrification Project- Specific Procurement Notice