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Myanmar Shipyards builds 528 new vessels, repairs 1,598 ships

Myanmar Shipyards under the Ministry of Transport said that 528 new ships were built and 1,598 ships were repaired up until August this year. Myanmar Shipyards was formed in 1970 as a state-owned enterprise and it has carried out construction and repairing processes of vessels as commercially since the beginning of 1976. “We built 528 […]

Grab dismisses Vietnam’s plan to treat it like taxi company as ‘major setback’

The popular ride-hailing app said new regulations considered by the Ministry of Transport would have ‘grave consequences.’ Ride-hailing company Grab expressed frustration at Vietnam’s announcement to impose greater control over its operations on Friday, another development in the prolonged tension between Grab and traditional transport firms in the country. Minister of Transport Nguyen Van The […]

Huawei Gives Technology Training to Myanmar Government Officials

HUAWEI Technologies has donated a Huawei IP Networking Lab, which provides for eight IP technology training programmes and training hardware and software programmes for use by government officials and service staff in Myanmar. The package also includes teacher training programmes for six teachers. The lab was handed over at the Central Institute of Transport and […]

Myeik Tourism Operators Frustrated Over Delays for Speed Boat Import Licences

There are some delays in getting licences to import the boasts for use in tourism in the Myeik archipelago in Taninthayi Region, said local business people involved in tourism. Fewer tourists are visiting the region with the rainy season under way, but many more speed boats are required compared with the numbers used in the […]

Confusion Over Water Transport Service Implementation Arises

The government has chosen the company which will operate the water bus service on the Hlaing River and Nga Moe Yeik Creek, said Daw Nilar Kyaw, regional minister of electricity, industry and transportation, on May 22 at a regional parliamentary session. The company Tint Tint Myanmar won the tender over its competitor, Daw Nilar Kyaw […]

Fiscal Year 2017-18: a New Dawn for Economic Policies

​​ The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. A developing […]

How Mytel is Set to Shake Up Myanmar’s Telecoms Sector

​​ The entrance of a new operator to Myan­mar’s telecoms sec­tor has brought a wave of new investment and heightened competition to an already crowded mar­ket, promising expanded service options and lower pricing for consumers. In mid-January the telecoms regulator, the Ministry of Transport and Communications, for­mally issued the country’s fourth nationwide tel­ecommunications licence (NTL) […]

Pun-Backed Project At Yangon’s Colonial Railway Building Wins ‘Milestone’ Government Approval

​​ The Myanmar In­vestment Com­mission (MIC) has given approval to a mixed-use mega project at the heritage listed My­anmar Railway Company building in downtown Yangon. The Landmark Devel­opment, as it’s known, is divided into two parts. The redevelopment of the colonial era Myan­mar Railway Company building into the five star Peninsula Hotel Yangon and a […]

Yangon’s SRT Bus Line Closes Due to Losses

​​ YANGON, Myanmar – Yangon’s SRT bus line, launched with government help last year as a model for passenger-friendly transportation, is to close on Dec 8 after losing 690 million kyat (about 18.7 million baht). SRT bus line started running in early 2015 in cooperation with the Ministry of Transport in an attempt to bring […]

Taxi Count Needed Before Industry Reform

The Yangon Region Transport Authority (YRTA) is undertaking a taxi census, as it attempts to rein in the largely unregulated industry. YRTA secretary U Maung Aung said a formal, standardised registration process will begin once they have taken stock of the city’s fleet. At present, Yangon taxis are operated by private owners and subject to […]