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Mandalay takes steps for safety of passenger vessels

An awareness talk on safety of vessels, their systematic operation, and regulatory compliance was held at the meeting hall of the Department of Marine Administration in Mandalay on Monday. It was organized by the Mandalay Region’s Marine Administration Department and the Mandalay Maritime Police . At the event, officials covered the Inland Vessel Law, Myanmar […]

Myanmar’s Yangon International Airport reveals growth plans

Myanmar’s Yangon International Airport is to be further upgraded to better equip it to accommodate more international traffic. Operator, Yangon Aerodrome Company Limited (YACL), has also revealed that it is stepping up its marketing efforts in a bid to develop its international route network. The announcements come despite the airport admitting that it is likely […]

Mastercard to keep high growth rate in Myanmar

Ravinder Aurora, executive director for global public policy and community relations at Mastercard, said at a press conference yesterday that the company enjoyed double digit growth in terms of the number of card users and transaction value by using the cards every year. “Currently, I believe there are roughly about 2 million cards within the […]

Sourcing garment from low labour cost countries – post significantly higher risk

Businesses with supply chains and operations in Myanmar, Bangladesh and Cambodia are benefiting from the world’s lowest labour costs – but may also be exposed to the highest risks, a new global ranking suggests. While there’s no doubt the cost competitiveness of these labour markets is extremely attractive, it may be offset by the risks posed […]

Govt to Push Left-Hand Steering Wheels on Future Car Imports

YANGON — The government plans to carry out a policy encouraging vehicle imports manufactured with left-hand steering columns, in an apparent effort to phase out their right-hand counterparts, which currently predominate on Myanmar’s roads and pose safety risks. Commerce Minister Win Myint told Parliament on Monday that the policy would take effect next year, though […]

US to Help Myanmar Improve Highway Safety

The United States will help Myanmar improve the safety of the Yangon-Mandalay highway where hundreds of car accident cases have occurred over the past five years. The United States Agency for International Development (USAID) and the Ministry of Construction signed a letter of agreement recently on this regard. US architecture and engineering experts will train […]

The aviation sector takes off

Myanmar’s civil aviation sector is on the brink of explosive growth with the number of seats and carriers rising and infrastructure being upgraded. Myanmar is the most under-served aviation market in Southeast Asia. The numbers speak for themselves. Only Brunei and Laos have fewer airline seats per capita. Myanmar has a population of 52 million, […]

DuPont to foray into Myanmar

American science and chemical giant DuPont has set its eyes on Myanmar as part of its ASEAN expansion strategy and will open an office in the Southeast Asian country this year, a top executive said. “Our regional team has done a lot of good work to get us started in Myanmar. We are in the […]