Running Yangon’s largest hotel

The first thing one observes about Lotte Hotels & Resorts Yangon, Lotte Co’s newest hotel, is its sheer size: the property has 658 rooms. The second is the service. Step into the hotel and one is cheerfully greeted by employees eager to help with your umbrella and point you in the right direction. One wonders […]

Padamyarfm Radio Station : Open Tender. Closing Date on 15 July 2017

Subscribe to our tender alert mailing list Open Tenders are invited for Supply of Studio Furniture and Equipment for the Relocation, Installation of New Radio Studios, in US Dollars. Interested companies may obtain Tender Applications and Specification Documents at our Padamyar FM Office as following address during office hours on 22.6.2017 and 23.6.2017 or may […]

Yangon to Boost Revenue by Taxing for-Profit Pandals

​​ Despite a government ban on for-profit pandals in public areas, the Yangon Region government will allow them in private areas during Thingyan, or water festival, according to Yangon Chief Minister U Phyo Min Thein on March 24. “We’ve received applications to hold entertainment pandals at The One Entertainment [in Thuwunna township], People’s park and […]

No Profits or Share Dividends for YBPC Yet

​​ YANGON Bus Public Company (YBPC) has not received any profits after running for a year and hence the firm cannot pay dividends to its shareholders, according to Yangon Bus Public Company chair U Maung Aung. The YBPC was registered under the Ministry of National Planning and Economic Development and has been permitted to operate […]

BRT Lite Share Sales Re-start

Yangon Public Bus Company – operator of the new Bus Rapid Transit (BRT) Lite bus routes – has started a second round of shares sales, while the government has extended the application deadline for firms interested in rolling out the BRT system city-wide. The government set up Yangon Public Bus Company last year, using a […]

Govt plans 700-acre economic zone in northern Yangon

The construction ministry is planning to build an economic zone on 700 acres in Yangon’s Mingalardon township including residential and commercial buildings, an official has told The Myanmar Times. The land between Yangon-Pyay Road and No.3 Yangon-Mandalay Highway was transferred to the ministry’s Department of Urban and Housing Development in January this year for development, but […]

Axe Yangon bus routes: transport boss

Yangon has too many bus routes and the network must be reformed, according to Hla Aung, chairman of All Bus Lines Control Committee, on June 8. Around 357 bus lines are currently running in the city and Phyo Min Thein, Yangon region chief minister, said on May 22 that he wanted the number reduced. Hla Aung said good management was […]

Malaysian firm cancels Yangon office tower

A Malaysian company has cancelled plans to build a 32-storey office tower in Yangon with a local partner after the two sides failed to agree on the terms of the joint venture. Bursa Malaysia-listed Naim Indah Corporation filed a note to the exchange on June 6 to say that its subsidiary, Naim Indah City Development, […]

Upgrading the Rangoon Commute: Bus Rapid Transport

RANGOON – Two young women with metal milk cans run for the Bus Rapid Transport (BRT) after hurriedly arriving at downtown Rangoon’s Lanmadaw Township station; the BRT bus had arrived minutes earlier and was pulling away from the stop. The driver gestures for them to proceed, where he waits. At peak hour, commuting to and […]

Surbana Jurong goes underground to expand Myanmar business

Surbana Jurong has added Yangon’s first underground pedestrian walkway, an airport and a special economic zone to its list of Myanmar projects, the Singaporean infrastructure consultancy announced this week. Shwe Taung Development awarded Surbana Jurong the contract for the 30-metre underpass last week. The country’s first underground walkway will be located on Pyay Road and […]