Myanmar Automated Cargo Clearance System to be installed in Thilawa SEZ in November

Myanmar’s Customs Department will install the new Myanmar Automated Cargo Clearance System (MACCS) at airports, port terminals and at the Thilawa Special Economic Zone in November this year, it has been learned. Plans are also underway to install the MACCS at cross-border areas after his new programme is successfully implemented within Yangon Region. With the […]

Door opens to foreign involvement in local hospital joint ventures

Foreign investors will be allowed to team up with local partners to finance private hospitals, clinics and laboratories, the Ministry of Health says. The decision reverses longstanding restrictions on foreign investment in medical facilities but will not come into effect until changes are introduced to Foreign Investment Law rules. Dr Moe Khine, deputy director for […]

Condominiums not covered by Condo Law

Nearly all of Yangon’s recently constructed “condominiums” may not qualify as condominiums under the draft Condominium Law, according to Yangon City Development Committee engineering deputy director U Nay Win. The draft law has been submitted to the Pyithu Hluttaw, but it stipulates a condo must be built on freehold land or land that was granted […]

Govt cracks down on contraband

Myanmar’s Mobile Team announced this weekend it had seized over one billion kyat (US$1 million) worth of smuggled goods between August 2013 and the beginning of May this year from seven ports in Yangon. The squad’s deputy-director, Myint Oo, said over 70 percent of all contraband was confiscated following tips from members of the public. […]

The aviation sector takes off

Myanmar’s civil aviation sector is on the brink of explosive growth with the number of seats and carriers rising and infrastructure being upgraded. Myanmar is the most under-served aviation market in Southeast Asia. The numbers speak for themselves. Only Brunei and Laos have fewer airline seats per capita. Myanmar has a population of 52 million, […]

DCA to Invite Tenders to Privatise Local Airports

The Department of Civil Aviation (DCA) in April will invite tenders from private companies to upgrade and operate the country’s local airports, a DCA official said. The move comes as the government moves to privatise Myanmar’s civil aviation sector to make it more efficient and provide better services. “We will give priority to private entrepreneurs […]

More than 82,000 business tourist visits to Myanmar in 2013

YANGON—More than 82,000 tourists visited Myanmar with business visas-on-arrival last year, according to the Yangon international airport’s immigration department. Since June of 2012 Myanmar has allowed visas-on-arrival to 26 countries, including regional neighbours. An additional 22 nations, most of them European countries, were added to the list in February 2013, running up the total to […]

Myanmar to spend Ks 33.4 billion budget to host Asean Summits

President’s Office has allocated a budget of Ks 33.4 billion (US$34 million) to host Asean Summit after Myanmar took over Asean Chairmanship, a senior official from the Ministry of Foreign Affairs said on Friday. Aung Htoo, deputy director-general of Asean Affairs department under the Ministry of Foreign Affairs, said he cannot be sure whether the […]

Asia World Co. urges the Government to take back the Nay Pyi Taw Air Port

The Asia World Company, the contractor for the Nay Pyi Taw International Airport, has urged the government to scrap this project which they said will not be profitable because very few airlines fly to this administrative capital. The Airport is being financed by the loan from China’s Import and Export Bank and the Myanmar Government […]