The Republic of the Union of Myanmar

Central Bank of Myanmar

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Notification of Award for Oracle Database License and Service and Windows License and Server Hardware Specification for SWIFT Scope

Republic of the Union of Myanmar

Central Bank of Myanmar

Myanmar Financial Sector Development Project

PROJECT ID: P154389

Bid/Contract Reference No    :    CBM/NC – 2 – Lot 1
Scope of Contract                  :    Oracle Database License and Service and Windows License and Server                                       Hardware Specification for SWIFT Scope
Evaluation Currency               :    MMK - Myanmar Kyat
Awarded Bidder (s) Name       :    ACE Data Systems Ltd.
Address                                :    Production 18, 7th Floor, Myanmar ICT Park, Hlaing Township, Yangon
Country                                :    Myanmar
Bid Price at Opening              :    MMK 169,239,970.20/-
Evaluated Bid Price               :    MMK 169,239,970.20/-
Contract Price                       :    MMK 169,239,970.20/-


Bid/Contract Reference No    :    CBM/G 11 – Lot 2

Scope of Contract                  :    Oracle Database License and Service and Windows License and Server                                       Hardware Specification for SWIFT Scope
Evaluation Currency               :    MMK - Myanmar Kyat
Awarded Bidder (s) Name       :    Access Spectrum Co., Ltd.
Address                                :    No. 364/366, Mahabandoola Garden Street, Kyauktada Township, Yangon
Country                                :    Myanmar
Bid Price at Opening             :    MMK 61,304,000/-
Evaluated Bid Price               :    MMK 61,304,000/-
Contract Price                      :    MMK 61,304,000/-


Bid/Contract Reference No    :    CBM/G11 – Lot 3

Scope of Contract                  :    Oracle Database License and Service and Windows License and Server                                       Hardware Specification for SWIFT Scope
Evaluation Currency               :    MMK - Myanmar Kyat
Awarded Bidder (s) Name       :    ACE Data Systems Ltd.
Address                                :    Production 18, 7th Floor, Myanmar ICT Park, Hlaing Township, Yangon
Country                                :    Myanmar
Bid Price at Opening              :    MMK 7,918,041,60/-
Evaluated Bid Price                :    MMK 7,918,041,60/-
Contract Price                       :    MMK 7,918,041,60/-


Bid/Contract Reference No    :    CBM/G 11 – Lot 4
Scope of Contract                  :    Oracle Database License and Service and Windows License and Server                                       Hardware Specification for SWIFT Scope
Evaluation Currency               :    MMK - Myanmar Kyat
Awarded Bidder (s) Name       :    Access Spectrum Co., Ltd.
Address                                :    No. 364/366, Mahabandoola Garden Street, Kyauktada Township, Yangon
Country                                :    Myanmar
Bid Price at Opening              :    MMK 9,774,000/-
Evaluated Bid Price                :    MMK 9,774,000/-
Contract Price                       :    MMK 9,774,000/-

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 12th December 2019

Reference Exchange rate
(WA market rate)
1,512.9
Interbank Market WA rate 1,513.4
Bank-customer Market WA rate 1,512.2
  • CBM announces daily Reference Exchange Rate every working day at 4:00 PM, based on deals between 9:00 AM and 3:00 PM.
  • Methodology on determination of Reference Exchange Rate is available here

MMK Exchange rate for other currencies are available here (forex.cbm.gov.mm)

Interest Rate(%)
Central Bank Rate 10%pa
Minimum Bank Deposit Rate 8%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

13%pa

 

16%pa

Economic Indicators (%)

GDP Growth Rate

2018-2019 First 6 Months

(October to March)

6.30 %
Annual Rate of Inflation 8.61 %
Year on Year Inflation 9.51 %

     Source : Ministry of Planning and Finance