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’
March 14, 2018 by
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
January 12, 2018 by
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 […]
Fiscal Year 2017-18: a New Dawn for Economic Policies
March 29, 2017 by
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
March 17, 2017 by
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
February 1, 2017 by
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 […]
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