Excel KC Myanmar Co wins tender to provide card payment service on YBS buses

Excel KC Myanmar Co Ltd has won the tender to launch a card payment system called Yangon Payment Service-YPS to be used on YBS (Yangon Bus Service) passenger buses, according to a statement released by the tender scrutiny and supervision committee of the Yangon Region government. The list of shortlisted companies was announced on December […]

First phase for Myanmar’s Thilawa SEZ begins on Saturday

YANGON—Myanmar will start construction tasks as the first phase for the Thilawa Special Economic Zone on Saturday (November 30), according to the zone’s management committee. Nine local public companies and a consortium of three Japanese firms comprising Mitsubishi, Marubeni and Sumitomo are to develop the Thilawa SEZ, with Myanmar holding a 51-percent stake and Japan […]