Shares Outstanding as Public Bus Company Nears Launch

Burma’s first public bus company, which is expected to launch routes in Rangoon late this month, has so far raised 3.8 billion kyats (US$2.9 million) in a sale of shares to fund the first phase of the transportation service, according to an official. The project will introduce a Bus Rapid Transit (BRT) system to Rangoon, […]

Yangon to make way for express bus system

The Yangon Bus Line Public Company has received permission to use the right lane of roads for its buses and will lower its fares, said Dr Maung Aung, chairman of the company’s launch committee. As part of Yangon’s Express Bus Line Project, 65 new buses will be added to the company’s fleet. Once on the […]

2 private companies to take over garbage collection in Yangon

2 private companies to take over garbage collection in Yangon YANGON, May 14 (Xinhua) — Two private companies including one South Korean company will take over waste management for 33 townships of Yangon, sources with the Yangon City Development Committee (YCDC) said on Thursday. The handover of the city’s waste management to two private companies […]

Enough gas directed to local market – for now

The government does not intend to increase the amount of natural gas allocated to the domestic market this year from the current supply of 300 million cubic feet per day (mmcfd) despite increasing demand, according to an official of the Ministry of Energy. “The domestic supply cannot be increased this year. It will be the […]

Burmese Minister Oversees Power Generation Deals in the UK

YANGON — Burmese Minister for Electric Power Khin Maung Soe has overseen the signing of two deals that will see British technology, including Rolls Royce gas turbines, aid efforts to address Myanmar’s chronic electricity shortage. The minister arrived in the United Kingdom on Monday on a four-day visit that will include meetings with high ranking […]