Security

Myanmar’s Yangon International Airport reveals growth plans

November 29, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: Air Traffic Control, airport, Airport Operations Control Center, Asian, community, Department of Civil Aviation, European, Fire-Rescue Station, infrastructure, innovation, International, International Airports, Ministry of Transport and Communications, Myanmar, Myanmar Government, North American, passenger, Public-Private Partnership, Safety, Security, tourism industry, tourist, traffic, Xiamen, YACL, Yangon Aerodrome Company Limited, Yangon International Airport, YIA

Illicit imports threaten Myanmar’s e-commerce players

November 27, 2018 by Thiha

The commerce ministry committed to developing the country’s nascent e-commerce sector as a means to boost trade and create jobs, but the lack of infrastructure and rampant illicit trade pose a serious threat to the emerging industry. The report from the United Nations Conference on Trade and Development (UNCTAD) titled “Rapid eTrade Readiness Assessment of […]

Filed Under: Latest News Tagged With: asean, BarLoLo, commerce, conference, consumer protection, cybercrimes, digital, digitalisation, E-Commerce, Ecosystem, eTrade, Government Officials, healthcare, illicit trade, industry, infrastructure, innovative, LOGISTICS, manufacturing, Nay Pyi Taw, online transactions, policies, retail, Security, telecommunications, tourism sectors, Trade, Trade and Development, UNCTAD, United Nations

Yangon Aerodrome Company announces new milestones and upgrades for Yangon International Airport

November 16, 2018 by Thiha

Yangon Aerodrome Company Limited (YACL) is increasing the capacity of Yangon International Airport (YIA), the gateway to Myanmar, and stepping up marketing to open new international routes, even as YIA is likely to close 2018 with the slowest growth in air passenger traffic in five years. At a media briefing today to announce the five […]

Filed Under: Latest News Tagged With: Air Traffic Control, Aircraft, Asian, Department of Civil Aviation, domestic Myanmar, European, F&B, Fukuoka, infrastructure, international airport, Ministry of Transport and Communications, Mumbai, Myanmar, North American, Phuket, Public-Private Partnership, Security, Sichuan Airline, tourism industry, tourist, Xiamen, Yangon Aerodrome Company Limited, Yangon International Airport, YIA

Buyers have the upper hand in beleaguered condo market

September 13, 2018 by Thiha

The Myanmar condominium market has developed considerably on the back of changing demand trends in recent years. These days, buyers are looking beyond location and price. They’re now taking size, nearby amenities and resale value into account when purchasing a new condo. The evolving trends could jumpstart growth in the ailing condo market and mark […]

Filed Under: Latest News Tagged With: 5-10 year mortgage plans, Bank of China, Colliers International, condo, condo market, Condominium law, Condominiums, developers, Facilities, Golden City, Golden Land Real Estate Development Company, Kan Be Tower, Myanmar condominium market, office units, resale value, Residential Property, Security, Success Property Consultants, Yankin Township

Kayah State sees rising FDI, interest in agriculture sector

July 16, 2018 by Thiha

Investor interest in the agriculture and livestock sector in Kayah State has been on the rise in recent years, Daw May Myo Zaw, secretary of Kayah State Investment Committee, told The Myanmar Times. According to the 2018 Kayah State Investment Opportunities Survey released by the committee, investors had identified the agriculture and product manufacturing for […]

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Yangon Lawmakers Call Local Govt’s Industrial Zone Projects ‘Unrealistic’

June 22, 2018 by Thiha

YANGON — Yangon lawmakers have criticized the industrial zone projects of the regional government as “unrealistic.” Lawmakers on Tuesday discussed the regional government’s plan to establish 11 new industrial zones on the city’s outskirts. It was announced by Yangon Region Chief Minister U Phyo Min Thein last month on the sidelines of the Yangon Investment […]

Filed Under: Latest News Tagged With: a Coco Islands lawmaker, agricultural sector, Dagon Township lawmaker, electricity, Hlegu, Hmawbi, Htantabin, Industrial Zone Projects, Kawhmu, Kayan, Kungyangon, Kyauktan, Kyauktan Township lawmaker, Mayangone Township lawmaker, Security, Taikkyi, Thanlyin, Thongwa, transportation, Twante, U Kyaw Zeya, U Phyo Min Thein, U Tin Win, U Yan Shin, U Zaw Moe Lwin, Yangon Investment Forum, Yangon Lawmakers, Yangon Mayor U Maung Maung Soe, Yangon Region, Yangon Region Chief Minister

How Prepared Is Myanmar To Counter Terror Attacks?

February 26, 2018 by Thiha

Concern is growing about possible terrorist attacks in Myanmar, and questions are being asked about the government’s ability to counter such threats. We are not talking about the Arakan Rohingya Salvation Army (ARSA) terrorists who provoked retaliatory operations from the military by staging attacks against security forces, innocent civilians, ethnic tribespeople and Hindus in northern […]

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CB Bank enter into technical collaboration with CISCO for Data Center and Core Network Infrastructure

October 17, 2017 by Thiha

YANGON, Myanmar, Oct. 11, 2017 /PRNewswire/ — CB Bank and Cisco are pleased to enter a technical collaboration agreement to transform the Data Center and Core Network Infrastructure to enable core banking application, digital banking and international services to be delivered to its customers and partners in a secure manner. At the same time, CB […]

Filed Under: Latest News Tagged With: Aung Thurein, big data, CB Bank, CB Bank Ltd, Cisco, Cisco Advanced Services team, Cisco Systems, Co-Operative Bank Ltd, core banking application, Credit Cards, currency exchange machine, data centers solutions, digital banking, email, enterprise network and infrastructure, hybrid cloud, international services, Internet Banking, IP telephony, IT infrastructure, managed services, Managing Director, mobile banking, Myanmar’s financial services industry, Network Management Interfaces, NEX4, NEX4 ICT Solutions, Routers, Security, Switches, Technical Collaboration Agreement, VPN Security Clients, Web Security, wireless

Mastercard to keep high growth rate in Myanmar

August 3, 2017 by Thiha

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 […]

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Tenders to be invited for sub-Ks100 million projects in Rakhine

July 22, 2017 by Thiha

Subscribe to our tender alert mailing list Rakhine State government has announced yesterday that it will invite tenders for projects with investments of not more than Ks100 million. The announcement came at the coordination meeting on inviting tenders for the projects for the 2016-2017 financial year. “We envision development and security in Rakhine State with […]

Filed Under: Tenders & Awards Tagged With: development, Economic Zone, finance, health and education sectors, investments, local traders and businessmen, Planning and Economic Minister, rakhine, Rakhine state government, Security, socio-economic development, Tax, tenders