Thiha

First flight from Italy to Myanmar arrives tomorrow

October 31, 2018 by Thiha

An air link between Italy and Myanmar will be established starting tomorrow. Milan-based Neos Spa, an Italian leisure airline, will begin flying the route with a chartered Boeing 767 every Wednesday. The flight will stop over in Phu Quoc, Vietnam before landing at Yangon International Airport. Neos will be the first airline to fly from […]

Filed Under: Latest News Tagged With: Chinese low-cost carrier 9 Air, Europe, Guangzhou, Italy, Managing Director, Milan-based Neos Spa, Ministry of Hotels and Tourism, Myanmar, Myanmar Times, Neos Air flight, Orchestra Travel Co, Phu Quoc, travel agents, U Aung Myat Kyaw, Vietnam, visa fees, western tourists, Yangon, Yangon International Airport

EU’s withdrawal of GSP not to affect foreign investment flow in Myanmar: official

October 31, 2018 by Thiha

YANGON, Oct. 28 (Xinhua) — The European Union (EU)’s probable withdrawal of its Generalized Scheme of Preference (GSP) will not impact the foreign investment flow in Myanmar, the official Global New Light of Myanmar quoted an investment administration official as saying Sunday. This will be due to the fact that EU countries have never been […]

Filed Under: Latest News Tagged With: Britain, China, China's Hong Kong, Deputy Director General, DICA, Directorate of Investment and Company Administration, EU countries, EU Trade Commissioner, European Investors, foreign investment flow, Generalized Scheme of Preference, Global New Light of Myanmar, GSP, Myanmar, Netherlands, Rakhine issue, singapore, Statistics, Thailand, The European Union, U Than Aung Kyaw, U.S. dollars

Puma Energy JV expands $10 mln capital for aviation fuel services in Myanmar

October 31, 2018 by Thiha

National Energy Puma Aviation Services Company, which is joint venture between Singapore-based Puma Energy and Myanmar Petroleum Products Enterprises under the Ministry of Electricity and Energy, made capital expansion of over US$10.204 million in aviation fuel import, storage and distribution businesses, according to the Directorate of Investment and Company Administration (DICA). “The government holds more […]

Filed Under: Latest News Tagged With: Brazil banana, CMF Myanmar Co. Ltd, CMP garment, Deputy Director General, DICA, director of DICA, Directorate of Investment and Company Administration, foreign direct investments, foreign investors, Frontier Pte. Ltd, fuel services, Kachin State, Kachin Tain Hu Co. Ltd, LF Packaging (Myanmar) Ltd, Mandolis Co. Ltd, Ministry of Electricity and Energy, Myanmar, Myanmar investment commission, Myanmar Petroleum Products Enterprises, Myanmar Recycle Company Limited, Myanmar Shoe Dynasty Co. Ltd, Myantex Industrial Co. Ltd, National Energy Puma Aviation Services Co. Ltd, National Energy Puma Aviation Services Company, Puma Energy JV, Singapore-based Puma Energy, Taninthayi Regions, Thanlyin Liquified Petroleum Gas terminal, U Kyaw Win Tun, U Than Aung Kyaw

Competition among telcos leading to better pricing in Myanmar

October 31, 2018 by Thiha

After emerging from state-owned monopoly, Myanmar’s telecommunications sector is now a growing market for four competitors: state-owned Myanma Posts and Telecom (MPT), Norway-based Telenor, Qatar-based Oredoo, and MyTel, a partnership of local and foreign entities. The number of mobile-phone users in Myanmar now totals 56.8 million. Of this number MPT has 22 million subscribers, Telenor […]

Filed Under: Latest News Tagged With: chief external relations officer, cyber security regulations, Department of Post and Telecommunications, Deputy General Manager, Director General U Soe Thein, Directorate of Telecommunications, head of corporate communications, Ko Moe Thura, Ministry of Defense, Ministry of Transportation and Telecommunications, MNTC, mpt, MPT’s Corporate Communications Department, Mr Sharad Mehrotra, Myanmar, Myanmar Economic Corporation, Myanmar National Tele & Communications Co, Myanmar National Telecom Holding Public Co Ltd, Myanmar National Telecom Holding Public Ltd, Mytel, Norway-based Telenor, Ooredoo Myanmar, Qatar-based Oredoo, Star High Public Co Ltd, state-owned Myanma Posts and Telecom, Telenor Myanmar’s CEO, U Tint Naing Tun, U Zaw Min Oo, Vietnam-based Viettel Co

Ministry of transport and communications, Myanma railways, Extension of Tender Closing Date: 19 December 2018.

October 31, 2018 by Thiha

Myanma Railways Extends the Tender Closing Date as follows: Sr No Tender No Description Initial Closing Date & Time Extension Closing Date & Time 1. 16/MR/INDIA (E) 2017-2018 Track Recording Car EM 80 And Small Track Maintenance Machineries 14.11.2018 (14:30) Hr 19.12.2018 (14:30) Hr Managing Director, Myanma Railways Ministry of Transport and Communication, Nay Pyi […]

Filed Under: Tenders & Awards Tagged With: Closing Date, Managing Director, Minisrty of transport and communications, Myanma Railways, Myanmar, Nay Pyi Taw, Small Track Maintenance Machineries, tender, Track Recording Car EM 80

Plan for Mandalay terminal worries bus owners

October 30, 2018 by Thiha

Bus operators have expressed reservations about the final design of the Chan Mya Shwe Pyi (Kywel Sel Kan) bus terminal in Mandalay, which is touted as one of the most modern in the country. The final design of the upgrade was submitted last month to the Mandalay City Development Committee (MCDC) by M-Development Corporation Co […]

Filed Under: Latest News Tagged With: ASEAN road network, bus operators, Chan Mya Shwe Pyi, China's Belt and Road Initiative, commercial traffic, five-storey bus terminal, foreign investment, General Manager, Hong Kong company, JJ bus line, Ko Myo Ko Ko, Kywel Sel Kan, Luxury Hotels, M-Development Corporation Co Ltd, Ma Lae Lae Aye, Mandalar Minn express line, Mandalay City Development Committee, Mandalay Terminal, MCDC, owner, Passengers, Pyigyitagun township, Shopping Centres, Shwe Mandalar highway service, Singaporean Firm, South Korean firm, U Cho, U Myint Oo

India, Myanmar sign MoU towards Sittwe Port operationalisation

October 30, 2018 by Thiha

NEW DELHI: India and Myanmar signed an important MoU on Monday for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India’s Act East Policy. Following this MoU the process […]

Filed Under: Latest News Tagged With: Ambassador of India, Chin, Daw Aung San Suu Kyi, Foreign Secretary, India, India's Act East policy, Kaladan Multi-Model Transit Transport Project, Ministry of Transport and Communications, MOU, Myanmar, Myanmar Defence Services, Northern Rakhine State, Paletwa Inland Water Terminal, permanent secretary, private Port Operator, rakhine, Senior General Min Aung Hlaing, Sittwe port, State Counsellor, U Thant Sin Maung, U Win Khant, Union Minister, Vijay Gokhale, Vikram Misri

Myanmar draws up agricultural development master plan for Yangon region

October 30, 2018 by Thiha

Myanmar has drawn up a three-year master plan (2018-2021) for development of agriculture in Yangon region and the plan will soon be implemented, Myanmar News Agency reported Wednesday. It was disclosed by Yangon Region Chief Minister U Phyo Min Thein at a Flower Festival held at the People’s Park Tuesday. Stressing the need for developing […]

Filed Under: Latest News Tagged With: agricultural development project, agricultural organizations, agricultural products, development of agriculture, Flower Festival, government-private partnership, international standard, job opportunities, Master Plan, Myanmar news agency, Peoples park, technical cooperation, technology level, three-year master plan, U Phyo Min Thein, Yangon Region Chief Minister, Yangon Region Parliament

Illegal trade takes a heavy toll on country’s economy

October 30, 2018 by Thiha

Smuggling and illegal trade continue to be a major problems for the country’s economy, says the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). According to the Business Sentiment Survey issued by UMFCCI in May, illegal trade stands at sixth among the top 10 issues hampering the country’s economy. The survey was […]

Filed Under: Latest News Tagged With: 2018 Global Illicit Trade Environment Index, Anti-Illicit Trade Forum, Asian Countries, Business Sentiment Survey, China, deputy country manager, Dr Aung Thein, economic development, Economist Intelligence Unit, Illegal Trade, international market research organisation, Minister of Finance and Planning, Ministry of Commerce, Ministry of Commerce Deputy Secretary, Ministry of Planning and Finance, Ms Marie Pegie Cauchois, Myanmar, Myanmar Industries Association Chair, Myanmar Rice Millers' Association, Private Sector Development Committee, Secretary, SME, Thailand, U Aung Kyi Soe, U Khin Maung Lwin, U Nay Lin Zin, U Soe Win, UMFCCI, UMFCCI Secretary, Union Minister, Union of Myanmar Federation of Chambers of Commerce and Industry, United Nations Office on Drugs and Crime, UNODC, Vice President U Myint Swe

Alibaba aims to grow five times bigger in Myanmar by mid-2019

October 30, 2018 by Thiha

DRIVEN by rapid gains in smartphone use and people’s willingness to try new things in Myanmar, Alibaba Group plans to grow its business by at least five times in the country in the coming six to eight months, according to Frans Maas, managing director of Shop.com.mm, which is now under the fold of the Chinese […]

Filed Under: Latest News Tagged With: Alibaba group, Chinese e-commerce giant, Chinese employees, customers, Daraz Group, e-commerce systems, electricity costs, Facebook, Frans Maas, Information Technology, International Standards, Managing Director, mobile application, MPU, Myanmar, Myanmar Payment Union, Myanmar’s e-commerce industry, online shopping platform, Private Banks, Rental Fees, Rocket Internet, sellers, Smartphone, The World’s Biggest Sale Day, visa, website