fbpx

Puma Energy threatens legal action on trademark infringement

Singapore oil company Puma Energy is officially prohibiting the use of its trademark, name and logo in Myanmar after a local petrol station began branding itself as Puma Power and displaying a logo that is almost identical to the former’s in the local market. The notice was published by Puma Energy’s lawyer on the company’s […]

Yangon Govt Submits Plans for New Port, Industrial Zones

YANGON — The Yangon Region government is seeking approval for 11 new industrial zones on the city’s outskirts and a new multipurpose port terminal near the mouth of the Yangon River to promote regional development, create jobs and attract foreign investment. Yangon Region Chief Minister U Phyo Min Thein first revealed plans for the new […]

Prioritised sectors, new investment opportunities in Yangon laid out

At the Yangon Investment Forum on Wednesday, Yangon Chief Minister U Phyo Min Thein announced the five sectors his government intends to prioritise and in which Yangon welcomes foreign investments. U Phyo Min Thein said the trade, logistics, industry, public transport and energy sectors would be prioritised, adding that the Yangon deep sea port, development […]

Kamigumi to create a bulk terminal at Thilawa Port in Myanmar

Kamigumi will establish a terminal operating company named International Bulk Terminal (Thilawa) Co. Ltd (IBTT) – mainly focusing on the handling of grain, feed and other bulk cargo at the Thilawa region of Yangon port in Myanmar as a joint venture with Lluvia Limited of Myanmar, which is a joint venture between Mitsubishi Corp. of […]

Pilot project to begin shipping from Thilawa to upper Myanmar

Transport authorities are planning to ship goods from the Thilawa port to the Simikhone port in upper Myanmar this month, according to the Inland Water Transport Department. The arrangement is jointly operated by Inland Water Transport and SA Marine Co. The first shipment will include chicken feed from JAPFA Comfeed Myanmar and will be sent […]

Firms asked to bid for aviation contracts

Subscribe to our tender alert mailing list Minister for Planning and Finance Kyaw Win says the government will give the green-light to entrepreneurs for the distribution of aviation fuel at airports, including Yangon International Airport. He said: “Aviation fuel is distributed at Yangon International Airport under a joint venture with Puma. Other firms can run […]

Twenty-seven new piers planned in Thilawa SEZ by 2020

Construction of 27 piers in Thilawa Special Economic Zone (SEZ) will begin this year for completion by 2020, according to a report in yesterday’s Myawady Daily newspaper. Some piers are used for general cargo while others are designated for specific goods. Five piers are expected to be completed by 2018. Six new piers were established […]

Puma Energy Asia Sun Opens Myanmar’s Largest and Most Modern Petroleum Products Terminal

Puma Energy Asia Sun (P.E.A.S), a joint venture between Puma Energy, the global mid and downstream energy company, and Asia Sun Energy (ASE), a local company experienced in logistics and trading in Myanmar, celebrated the opening of its petroleum products terminal at Thilawa port, southeast of Yangon. This USD92 million investment into the country’s largest […]

Myanmar takes first steps to ramp up rice exports

Due to the region’s warm climate, double cropping or even triple cropping is possible in some areas. Not surprisingly, this helped make Myanmar one of the world’s top exporters, a position it held from the 1920s through the early 1960s But the military-led socialist regime that took the reins of power in 1962 tightened state […]

Yangon ports implement round-the-clock clearance

FROM last Thursday, customs clearance became available round the clock at all ports in Yangon, but it has come at a cost. It was announced last week that customs clearance for outbound and inbound shipments would be available 24 hours at all ports in Myanmar, including Yangon Port that is run by Myanmar Port Authority, […]