Myanmar aims to become Asian maritime hub

Development of shipping industry, ports to be in focus to integrate with global economy As Asean countries prioritise on improving connectivity within and beyond the region, Myanmar has planned to take advantage of its strategic location between the two mostpopulated nations – China and India – to become a hub of maritime trade in Asia, […]

Pyidaungsu Hluttaw approves 5 million euro loan from Germany for locomotive factory

Pyidaungsu Hluttaw passed the motion on borrowing 5 million euros from German KfW Development Bank for a Diesel Locomotive Shed in Ywa Htaung for Myanma Railways. Following a debate, the issue was put to a vote and passed 506 to 6. “It is required to give training to employees of Ywa Htaung locomotive shed because […]

Mobil phone ownership at 90 per cent

Over 90 per cent of the people in Myanmar now own a phone, up from only 10 per cent five years ago, said U Kyaw Myo, Deputy Minister for Transport and Communications at the 16th ASEAN Telecommunications and Information Technology Ministers Meeting. “The Myanmar communications sector has rapidly developed under the new system. The number […]