Reconditioned fuel bowsers not allowed to be imported starting from November

Reconditioned fuel bowsers will no longer be permitted to be imported beginning in November because of their weakness in security and capacity, which could trigger the outbreak of fire and other hazards, said an official from the Ministry of Commerce. “The commerce ministry will not allow. The import of the reconditioned fuel bowsers to ensure […]

Real Estate Market Revives Over New Bago Airport Project

Real estate market has revived in Bago region as a new international airport project was to be signed, according to an official report. The Bago real estate market went cold during 2015 but the prospective signing of an agreement between the government and the airport contractors has caused the price of land in the region […]

Asia Frontier Capital Research Trip To Yangon In Myanmar

My last trip to Yangon was a little over two years ago. When arriving at the airport nothing has changed since then – just the immigration staff became more efficient – or maybe their computers are newer and thus faster? Last time it took the staff over 5 minutes to handle one person and fortunately […]

KOICA signs for Dala and Bago master plans

Korea International Cooperation Agency (KOICA) has signed with the Ministry of Construction for several ambitious projects – including master plans for the north and south of Yangon and designing a national road network. The South Korean government’s grant aid arm recently signed with the minister to prepare two regional development plans, said chief Myanmar representative […]

$2 Million Allotted for Domestic Airport Upgrades

The government has allotted K2.14 billion ($1.93 million) to upgrade several airports over the course of this fiscal year 2015-16, the Ministry of Transportation announced. The development of domestic airports in Myitkyina, Putao, Bamaw and Naungmon in Kachin state will be prioritised. Last fiscal year, Myitkyina and Putao airports were upgraded with K600 million ($542,000) […]

Singapore Windsor Inks Airport Retail Deal with DFS

Singapore Windsor Holdings Limited announced that it has secured an exclusive 10-year supply and merchandising deal with DFS, a Hong Kong-based luxury travel retailer. According to the agreement, in addition to a duty-free store at Naypyitaw International Airport, the group will open additional duty-free outlets at the existing departure and arrival terminal of Yangon International […]

Myanmar airports improve safety

YANGON, 11 March 2015: Myanmar’s Ministry of Transport says it has upgraded six airports in terms of safety and security. The six airports that have gained new safety equipment are Yangon, Mandalay, Nyaung U, Heho, Thandwe and Dawei. The Global New Light of Myanmar claimed the six airports received safety and security upgrades with the […]

FMI Air ready to test out new model for Myanmar aviation market with CRJ base at Nay Pyi Taw

Myanmar start-up FMI Air is aiming to launch scheduled services by the end of 2014 using 50-seat CRJ200 regional jets based at the capital Nay Pyi Taw. FMI will become the first airline to establish a hub at Nay Pyi Taw, which has an underutilised modern international airport that opened in 2011. FMI will enter […]

Playing bridging role between Korea and Myanmar

Myanmar Airways International to launch Incheon-Yangon route on Oct. 26 Myanmar Airways International (MAI) will launch the Incheon-Yangon route on Oct. 26, offering another option to Korean business travelers and tourists heading to the Southeast Asian nation. MAI plans to fly between Incheon International Airport and Yangon International Airport five times a week, using an […]

DCA to Spend $1m to Upgrade Seven Airports

The authorities will spend more than K1 billion ($1 million) to repair seven domestic airports in Myanmar in the current 2014-15 fiscal year, a Department of Civil Aviation (DCA) official said. Since the process for improving 30 domestic airports began, 48 local and foreign companies have bid to handle the operations, she said on condition […]