Jul 23, 2017

EU cigarettes manufacturer looking for Myanmar partner/distributor

European manufacturer of cigarettes is looking for Myanmar partner company for import and distribution of cigarettes for the mass market.

For more information, please contact evi@myanmar-business.org

Jul 12, 2017

Invitation for open tender from No.2 Mining Enterprise: Tin Concentrate, Wolfram Concentrate, Tin-Wolfram Mixed Concentrate

for more information, please contact evi@myanmar-business.org

Jun 30, 2017

Invitation for Expression of Interest: long term lease of Nay Pyi Taw cement factory

For more information, please contact evi@myanmar-business.org

Mynamar Ministry of Natural Resources and Environmental Conservation: info on 54th Myanma Gems Emporium

for more information, please contact evi@myanmar-business.org

Japan helps Myanmar set up 250 revenue-generating postboxes

Myanmar will get help from Japan to replace postboxes in three major cities with new designs that offer advertisement space to reform the nation’s aging postal system.

The project, which will also help finance the cost of building the new units, covers a total of 250 postboxes across the capital city of Naypyitaw and two commercial hubs, Yangon and Mandalay. The project was unveiled at a ceremony in Yangon on Tuesday.

Kham Aung, managing director of state-run Myanmar Posts and Telecommunications, said that in line with its decision in 2013 to improve the quality of its postal service, it has been receiving technical assistance from Japan.

He said the project is expected to expand to all 1,381 post stations throughout Myanmar.

In April 2014, the countries signed a memorandum of understanding on postal service reform in cooperation with Japan Post Holdings Co., launching a program to upgrade from manual to digital operations and improve staff performance.

Kham Aung said the delivery time for express registered mail between the three cities was shortened from three to four days to just over one day, and the percentage of delivered mail rose from 87.8 percent to 99.3 percent within a year of the start of efforts to review collection and delivery routes.

Under a drive to improve social infrastructure with advertisements, proposed by Japan’s Advertising Agency Nagata Co., Myanmar will be able to cover the cost of renewing and maintaining postboxes by collecting fees for advertisements on billboards above them.

Takeshi Shiraishi, managing director of Nagata Myanmar Co., said the idea of advertising through corporate social responsibility programs will benefit both communities and business owners, and create a new business trend in Myanmar’s advertising industry which depends on conventional billboards and TV commercials.

“The advertisement fees for traditional ads like billboards and bus stands are expensive for local and small businesses,” Shiraishi said. “But, through our postbox ad space advertisements, they get a chance to promote their businesses and participate in their CSR programs at the same time.”

Shiraishi said the company has found advertisements for 80 percent of the postboxes and 90 percent of its customers are local businesses.

So far, the company has renewed about 100 out of 250 postboxes with the help of Tokyo-based Fuji Xerox Co., which has become its first advertising partner for the Myanmar project.

Source: The Japan Times

Jun 28, 2017

Myanmar Business Network (MBN) is inviting foreign trading partner for import of fertiliser, seed, pesticides

For more information, please contact evi@myanmar-business.org

Jun 14, 2017

Dutch businesses keen for deals in Myanmar

A DOZEN Dutch companies took part in the Netherlands’ first trade mission to Myanmar last week, reflecting keen interest to expand business ties.

Dutch ambassador Wouter Jurgens said the mission, from June 7-9, was part of efforts to build on these relations.

Jurgens said the Dutch companies discussed opportunities with Myanmar business people in a range of sectors including agriculture, integrated water management, banking, engineering, port development, furniture, medical care and security printing.

“We are very happy that a lot |of Myanmar companies signed |up for the business-matching |event, even more than what we could handle,” he said in an in-|terview. “Many Dutch companies came here to look for partners. |First, we need to build contact and then proceed to the contract.

“There are many different opportunities in Myanmar, and many different Dutch companies are responding to them. They are eager to come exactly at the right moment. It is a really good opportunity for Dutch companies to link up with Myanmar businesses. Hopefully the contracts will follow soon.”

The ambassador hailed the trade mission as a new chapter in bilateral relations, which started as early as 1947. The Netherlands is the ninth largest foreign investor in Myanmar, with 18 enterprises approved by Myanmar Investment Commission that have brought in US$1.4 billion in initial capital.

Bilateral trade reached US$140 million in fiscal 2016-17, to March 31, official statistics show. Jurgens believes this figure will at least double by 2020.

He said more than 200 Dutch businesses had shown their interest in exploring the Asean market, particularly Myanmar, at a recent Asean business event in The Hague. He said some of Dutch big names - including Shell, Unilever, Heineken and Phillips - have been doing business in Myanmar since its period of isolation, and have a lot of confidence in the opportunities in the country.

“Myanmar is absolutely ready for foreign investment thanks to big efforts made by the government to upgrade their laws and regulations. Dutch companies have a lot of experience in Asia,” Jurgens said. “They know the business climate in general. What they are looking for is some clarity about the regulatory framework.

“The investment law is an important part of that. Now the by-law in implementation is also important. They need to see that their investment is protected in the right way, and that it moves ahead when they are here. We are confident in this [regard], as a lot of steps have been taken.”

According to Jurgens, Dutch firms are looking at different sectors. He considers agriculture the most promising sector, as most Myanmar people still depend on the sector and the Netherlands is the second largest agricultural exporter in the world.

Jurgens also hopes to share the Dutch expertise in water management. Myanmar showed its interest in this area during a visit by Vice President Henry Van Thio in April.

“Although we realise that Myanmar is still not a very easy market, we are confident that we can make a difference with our unique aid and trade approach,” he said.

“I cannot look into the future but I can judge it from the interest that we see. We are looking at very good prospects here.”

Maung Maung Lay, vice president of the Union of Myanmar Federation of Chamber of Commerce and Industry, said Myanmar expected knowledge sharing, technology transfer, credibility and accountability from Dutch businesses.

He urged Dutch businesses to invest in Myanmar, as it made efforts to leap ahead after nearly six decades of isolation.

“The transformation process already started in Myanmar. From caterpillar to butterfly, we will never be a caterpillar again,” he said.

Source: The Nation

 
Copyright