TBAM

Yangon Freight Forwarders to Form Public Company

AUTHOR: EI THANDAR TUN The Yangon Regional Transport Authority (YRTA) will organize freight forwarders who provide transportation services in Yangon Region, forming a public company under its oversight.

28/05/2019

Committee to Inspect Yangon Condominiums

AUTHOR: EI THANDAR TUN The Yangon Condominium Management Committee will start inspecting condominiums in Yangon to see if they meet the requirements set forth by the condominium law, if they do not meet the requirements the committee will not give the building official condominium status.

28/05/2019

Double Dipping on a U.S.-China Trade War

AUTHOR: ANDREW P.JOHNSON There have been a lot of interesting developments in the U.S.-China trade war over the last year, and especially in the last few weeks. As events progressed, through a series of three articles, Myanmar Business Today (MBT) explained how Myanmar might be affected.

28/05/2019

Myanmar Sees 30 Percent Increase in Tourism During First Four Months of 2019

AUTHOR: ZIN THU TUN The number of tourists coming into Myanmar during the first four months of this year has risen by 30 percent over the same period last year. This information was shared by U Ohn Maung, Union Minister of the Ministry of Hotels and Tourism, at a press conference held to explain what the government has accomplished during its third year.

28/05/2019

New K10,000 Notes to Feature General Aung San

AUTHOR: SWE LEI MON The Central Bank of Myanmar will be issuing new K10,000 notes in 2020; the new bills are to feature a picture of General Aung San, the late hero of the country’s independence. This announcement came from U Soe Thein, the Vice President of the nation’s Central Bank.

28/05/2019

Myanmar to Upgrade Hydropower Stations with AFD Loan

AUTHOR: TIN MG OO Myanmar will upgrade five hydropower stations across the country using a loan worth €35.7 million. The loan is from French Development Agency (AFD) according to Dr. Tun Naing, Deputy Minister of the Ministry of Energy and Electricity.

28/05/2019

Agricultural Ministry Promises Assistance to Help Grow Myanmar’s Coffee Industry

AUTHOR: SWE LEI MON For many people around the world, the day does not truly begin until the coffee is brewed. If there is no coffee, this may be a rather ominous sign that the day may not go well. Coffee is such an integral part of modern society that an entire industry supports it, from the farmers who grow the coffee – those dear, sweet individuals who support the rest of us and allow us to con

28/05/2019

YBS: An Inside Look at Yangon’s Bus System

AUTHOR: (MMK) Millions of commuters in Yangon use public transportation each day to navigate Myanmar’s largest city. The vast majority cannot afford to purchase their own vehicle, but instead rely on the bus system. In an effort to make the bus system safer for commuters, the government upgraded the public bus system; this was highlighted by changing the name to the Yangon Bus Service (YBS) in2017

21/05/2019

Thai, Myanmar Hotel Operators Sign MOU for Myanmar Hotel Projects

AUTHOR: TIN MG OO Centara Hotels & Resorts and KMA Hotels Group, a subsidiary of Kaung Myanmar Aung (KMA) Group of Companies, have announced the signing of a MOU to begin the development and renovation of 6 hotels located at some of Myanmar’s most popular tourist destinations, all to be managed under Centara brands. Work on the project will begin in 2019.

21/05/2019

80 Priority Projects Unveiled by Yangon Regional Government

AUTHOR: SWE LEI MON Yangon’s Regional Government has introduced to the public its plans for 80 priority projects in the Yangon Region. The initiative spreads across multiple sectors, including real estate, industrial zones, roads, ports, and other urban infrastructure developments. It is to be financed by the Yangon Project Bank, and hopes to evoke more participation from the private sector in ...

21/05/2019