BRT Lite Share Sales Re-start

Yangon Public Bus Company – operator of the new Bus Rapid Transit (BRT) Lite bus routes – has started a second round of shares sales, while the government has extended the application deadline for firms interested in rolling out the BRT system city-wide. The government set up Yangon Public Bus Company last year, using a […]

Yangon bus committee plans PPP transformation to operate new lines

The Yangon Region Bus Control Committee is forming a public-private partnership (PPP) company and has applied to be one of several such firms that will run bus lines as part of an overhaul of the city’s public transportation system, committee chair U Min Zaw told The Myanmar Times. He said the new company will be called […]

Military firm tops in Fraser & Neave dispute

Myanma Economic Holdings Limited has won a dispute over the ownership of Myanmar Brewery Limited, the military-owned conglomerate has announced, and will now accelerate plans to buy out its joint venture partner. MEHL has been locked in a legal battle with Singapore-based Fraser and Neave Limited (F&N), which owns 55 percent of Myanmar Brewery since […]