Germany’s wholesale company Metro AG, kicked-off its operations in Myanmar over the weekend. The company will serve its customers in the fast-growing hospitality and tourism sectors from its modern warehouse in Yangon through its state-of-the-art digital ordering and delivery services. “The food wholesale industry in Myanmar offers big potential for Metro and we believe our […]
Vietnamese firm makes steel products in Thilawa
February 18, 2019 by
With Myanmar rapidly opening up to development, steel is becoming increasingly important to various industries in the country. Steel structures can be seen springing up across Yangon. As such, a Vietnamese steel importer is operating a manufacturing unit in Myanmar. Despite being one of the essential materials for construction, Myanmar relies heavily on imports rather […]
Myanmar’s first dry port opens for business
November 16, 2018 by
KM Terminal & Logistics Ltd (KM) and Resource Group (RG) officially opened two separate dry port projects in Ywar Thar Gyi, Yangon yesterday. A dry port is an inland intermodal terminal directly connected by road or rail. Freight trains will run from Ywar Thargyi to a second dry port in Myit Nge, Mandalay, which KM […]
Construction of new multi-purpose port in Yangon proposed in parliament
June 18, 2018 by
A proposal to construct a multi-purpose port in Kawhmu township, southwestern Yangon, was submitted to the Yangon Regional Parliament by U Zaw Aye Maung, Rakhine ethnic minister last week. “Yangon is the gateway to trade and handles up to 95 percent of the country’s imports and exports. The current port capacity in Yangon and Thilawa […]
Yangon mulls construction of sea port at river
April 5, 2018 by
Plans to build an international sea port at the mouth of the Yangon River, which will be strategic for Myanmar and its neighbours, are underway, Yangon Chief Minister U Phyo Min Thein said yesterday at the meeting with Vice President held at Republic of Myanmar Federation of Chamber of Commerce and Industries (UMFCCI). “Singapore has […]
Foreign cruise ships dock in Myanmar
March 28, 2018 by
A number of foreign cruise ships now dock in Myanmar, boosting the Myanmar tourism industry, according to the hotels and tourism industry. A total of 12 foreign cruise ships have either docked or will dock at Yangon jetty from January to April 2018. The 12 foreign cruise ships include seven US cruise liners, two German […]
Thaketa gas plant commences supplying power in Yangon
March 23, 2018 by
More than 40,000 households will now receive electricity following the scheduled completion and opening of a combined-cycle gas power plant in Thaketa township, Yangon Region, over the weekend. The Power Purchase Agreement (PPA) was signed in January 2016. The 106 megawatt plant was built and will be operated under a 30-year joint venture between the […]
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