by admin | Aug 4, 2014 | Business
Contrary to industry expectations, Myanmar has yet to award a tender for the Offshore Block Bidding Round 2013 that closed last June. An announcement for the award of 30 oil and gas blocks-comprising 19 deepwater and 11 shallow water blocks-is now likely to be made...
by admin | Aug 4, 2014 | Business
The United Arab Emirates (UAE) will cooperate with Myanmar in air services as it signed an Air Services Agreement (ASA) with the Southeast Asian nation last week. The two countries agreed that designated airlines from both countries many operate direct flights between...
by admin | Aug 4, 2014 | Business
Thai Hoteliers are seeking cooperation in hotel and Tourism Industry with Myanmar, officials told a press conference of Yangon HORECA Bizmatch fair last week. The Hotel Restaurant and Catering Bussiness Matching was held in Yangon last week along with a half-day...
by admin | Aug 4, 2014 | Business
The authorities have started building a new jetty at Dala bank on Yangon river with Japenese aid to meet safety standards, officials said. The existing Dala bank jetty was damaged by Cyclone Nargis in 2008. The new facility will include two bridges for arrival and...
by admin | Aug 4, 2014 | Business
Myanmar will ban the export of raw timber choking off profits in a sector that provided critical funding to the country’s former military rulers for decades, as a new reformist government steps up efforts to save forests. Myanmar has some of Asia’s largest...
by admin | Aug 4, 2014 | Business
Following the recent visit of Prime Minister Manmohan Singh to Yangon for the BIMSTEC Summit, the Indian engineering industry recently held a merga engineering summit to forge new level of trade and investment relations with Myanmar. “Indee Myanmar attempts to a...