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New Terminal Construction to Begin with Port Traffic Expected to Rise Shipping

Adani, registered in Myanmar and incorporated in Singapore, will develop a new international port container terminal in Ahlone township, on the Yangon River in Myanmar’s commercial capital, with expectations of increased container traffic in Myanmar in the coming years. Adani Myanmar was granted permission by the Myanmar Investment Commission (MIC) in late April to develop, […]

World BankConstruction ministry goes soft on broken highway contracts

THE department of Highways has revised build-operate-transfer highway contracts awarded by the military junta with 25 companies, including some of Myanmar’s biggest conglomerates, after discovering the roads they upgraded were substandard. The department, under the Ministry of Construction, has submitted the revised BOT contracts to the Ministry of Planning and Finance, the Myanmar Investment Commission […]

Competition among telcos leading to better pricing in Myanmar

After emerging from state-owned monopoly, Myanmar’s telecommunications sector is now a growing market for four competitors: state-owned Myanma Posts and Telecom (MPT), Norway-based Telenor, Qatar-based Oredoo, and MyTel, a partnership of local and foreign entities. The number of mobile-phone users in Myanmar now totals 56.8 million. Of this number MPT has 22 million subscribers, Telenor […]

MyTel enters Myanmar’s telecoms mart

Mytel Company, Myanmar’s fourth operator announced on Thursday that they started selling SIM cards in Nay Pyi Taw, eastern Bago and Kayin State on March 15. “A key point of our launch plan has always been a focus on more rural areas, and the provinces away from large cities like Yangon and Mandalay. We are […]

Myanmar’s two newest telcos ready to roll out 4G

MyTel and Amara Communications, the newest entrants to the Myanmar telecoms market, have announced its plans for the deployment of 4G. MyTel, the fourth mobile operator, recently announced that its 4G network is ready to launch during a ceremony at which the operator completed the first calls on the system, between government officials in Vietnam […]

Rangoon Lawmakers Demand Action from Officials Over Lost Billions in Business Dealings

RANGOON — Rangoon Parliament’s bill and public accounts committees on Wednesday urged the regional government to take action against officials responsible for billion kyat losses in state-private joint ventures under the previous government. Parliamentarians discussed joint venture projects that favored certain companies by offering reduced leases on government land and other mismanagement following the committees’ reviews of […]

Mytel to Target Rural Areas and Compete on Price

​​ Myanmar’s fourth and final telecoms firm – operating under the brand name Mytel – will make use of the AAE-1 submarine cable, infrastructure belonging to state-owned MECtel and try to beat its rivals on services charges, its external relations officer said at press conference last weekend. Mytel is made up of Vietnam defence ministry […]

Myanmar’s fourth telco gets licence at last

At long last Myanmar’s fourth telecoms operator has its licence, but the brand name under which it will operate remains under wraps and the firm will only begin providing services in 2018, according to its external relations officer. The Ministry of Transport and Communication formally awarded the firm – Myanmar National Tele & Communications (MNTC) […]

Fourth Telco Hoping to Get Licence for Christmas

​​ The director of one of 11 local firms that will form part of Myanmar’s long-awaited fourth telecom operator says the consortium will receive its telecoms licence next week. A year has passed since the government announced a tender for a fourth operator, which Vietnam defence ministry owned-firm Viettel won through dint of being the […]

Military Officials, Cronies Released from US Blacklist

RANGOON — Burma’s former dictator Snr-Gen Than Shwe was among individuals removed from the US Treasury’s blacklist following the lifting of Burma sanctions on Friday. Another 16 senior military officials, including former Vice Snr-Gen Maung Aye, have been removed from the US Treasury’s Office of Foreign Asset’s Specially Designated Nationals and Blocked Persons (SDN) List. Apart from senior military officials, military-related businesses […]