Apr 9, 2019

Myanmar Football Federation looking for national goalkeeping coach

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

Apr 3, 2019

Foreign investor interested to buy online recruitment website business

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

Mar 30, 2019

Rapidly expanding microfinance company is hiring in Myanmar!

We are currently looking for candidates for the following positions nationwide (Yangon, Mandalay, Magway, Sagaing, Bago, Shan, Mawlamyaing, and Thaninthary):

- Branch Managers

- Junior and Senior Loan Officers

- Branch Accountants

- Branch Office Assistants

For more information on the opportunities, please contact epetkov@bcfmyanmar.com

Mar 28, 2019

Myanmar will become a leading economy in Asia by year 2100.

According to the forecasts of leading international financial experts and economic gurus from public and private sectors, Myanmar will become a leading economy in Asia, overtaking Japan and China, by year 2100. At that time none of the people reading this article are expected to be alive.

MBN

Mar 7, 2019

Daewoo to produce 500 buses annually in Myanmar

Daewoo Bus Myanmar is planning to produce 500 buses annually under a semi knock down system starting from March 2019, said its managing director Kyaw Kyaw Aung in a press conference held at UMFCCI on February 28.

The company invested about US$10 million on the project and will be sold domestically as well as export.

Zyle Daewoo Company from South Korea and Myanmar Trade Center Company jointly founded the company in March 2017 and build a factory on 14 acres of land owned by Ministry of Industry in Htautekyant, Mingaladon Township under build, operate and transfer system with 35-year lease. The factory will be opened in March 2019 and will being to produce buses.

At the present, the company plans to manufacture Daewoo City Bus BS106 and Lestar minibus and its service centers will be opened in Htautekyant, Mandalay and Nay Pyi Taw.
“Daewoo City Bus BS106 and Lestar minibus are currently manufactured in South Korea. The buses manufactured in Myanmar will be sold in Myanmar as well as its neighbouring countries. We guarantee that the buses manufactured in Myanmar will have the same qualities with those manufactured in South Korea,” said the managing director.

The Daewoo City Bus BS106 and Lestar minibus are currently only manufactured in South Korea and production lines of the factory are installed with international standardizations.
Daewoo is manufacturing more than 15,000 cars under semi knock down system in South Korea, China, Costa Rica, Vietnam, Kazakhstan, Pakistan and Taiwan, with Myanmar being the eighth market.

“Although we can manufacture about 500 buses annually, it will also depend on the demand from our customers. The prices are around US$85,000 for a City Bus and US$45,000 for a minibus. They will be registered in Yangon and will be distributed in the market in April,” he said.

Although the buses are manufactured under semi knock down system, about ten parts of the buses are manufactured under the system. The rest are manufactured by complete knock down system, he said.

Source: Eleven Weekly Media 

Feb 22, 2019

Myanmar, Japan to cooperate in Business and Value Chain Development project

For the effective works to improve the socio-economic status of farmers, Myanmar will implement Agri-Business and Value Chain Development project, in cooperation with the MAFF and Japan International Cooperation Agency (JICA), according to the Ministry of Agriculture, Livestock and Irrigation.

Cooperation between the government and private sector for the development of overall value chain by linking agricultural strategy would help develop agri-businesses and bring about mutual benefits, said Kyaw Min Oo, the permanent secretary of the Ministry of Agriculture, Livestock and Irrigation.

The high-ranking officials meeting on Japan-Myanmar agri sector cooperation was held in the last week of January.

The meeting focused on business matching, cooperation in crop growing, fishery and cooperative sectors, agricultural development strategy, development of agro-based economic sector, investments in food safety and quality products and agro services.

The ministry is encouraging farmers to produce quality products. It would help support the government’s goals for poverty alleviation and rural development.

Source: Eleven Weekly Media 

Feb 21, 2019

Kachin State becomes an attractive destination for Chinese investors

Over the past several years Kachin State has emerged as a very attractive business destination for Chinese multinationals and high net-worth individuals. With its unrivaled natural beauty and natural resources, the local people are starting to benefit from increase rates of investment.

Source: MBN

 
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