Myanma Shipyards Dong A Joint Venture Company Limited is arranging to hand over a multi-purpose vessel to its owner, Directorate of Water Resources and Improvement of River Systems under Ministry of Transportation and Communications, on July 27, sources said. The company is building nine vessels and repairing four vessels at the present, according to the […]
Singapore Myanmar Investco JV partner moves to block TPR Myanmar sale
June 28, 2018 by
SINGAPORE (June 21): Singapore Myanmar Investco (SMI) says its joint venture partner Golden Infrastructure Group (GIG) has officially initiated legal action against the group’s sale of TPR Myanmar. To recap, SMI has been engaged in a dispute with GIG since Dec 2016 regarding their joint venture in Myanmar Infrastructure Group (MIG), which is the holding […]
Yangon takes legal action against nearly 30,000 vehicles
June 2, 2017 by
The Yangon region government took legal action against nearly 30,000 vehicles which are parked on public roads for long periods, it is learnt. As the number of cars in Yangon increased and parking became scarce, there were many quarrels over parking. Some companies and shops are taking up many of the parking spots on public […]
With Launch of Shwe Job App, Education on Factory Workers’ Rights Goes Digital
May 11, 2017 by
“Shwe Job”, a smartphone app which aims to raises awareness on the rights of factory workers and promote health and safety in the industrial workplace, was released on International Worker’s Day on May 1. The app, developed by the EU backed SMART Myanmar and GIZ, consists of stories, illustrations and voiceovers designed to raise awareness […]
One of world’s biggest superyachts ‘built using illegal Burmese timber’
April 24, 2017 by
A German shipyard used illegally-sourced teak from Myanmar to construct a superyacht for a Russian billionaire, a public prosecutor has claimed. Nobiskrug shipyard on the river Eider used wood supplied by a Burmese government-controlled firm which was sanctioned earlier this year for exporting teak from threatened forests, lawyer for the state Axel Bieler said. Timber […]
Moving in difficult due to permit delays
July 4, 2014 by
Delays issuing Building Completion Certificates (BCC) are keeping owners and renters from moving into recently completed buildings, say developers. Contractors often have to wait up to a month to be issued the permits from Yangon City Development Committee (YCDC), which translates into lost revenue for developers unable to move in tenants and owners immediately after […]
Online Car Market Revs up Tech Race
April 25, 2014 by
Online car marketplace MyanmarCarsMarket has upgraded its portal to utilise state-of-the-art technologies in a bid to grab a bigger share of the burgeoning auto market pie in Myanmar, the company said. As Myanmar opens up to the rest of the world, the way businesses and consumers interact with each other is expected to change dramatically, […]
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