South Korea in Myanmar: Missing the Train to Naypyitaw?

South Korea’s interest in Myanmar lies in its economic assets: cheaper labor costs, a sizable market of around 51 million people, and natural resource wealth. Yet Myanmar has unrealized potential to play a much greater strategic role for South Korea. South Korea’s economic presence in the country is wide-ranging and Seoul has emerged as an […]

Pyidaungsu Hluttaw approves 5 million euro loan from Germany for locomotive factory

Pyidaungsu Hluttaw passed the motion on borrowing 5 million euros from German KfW Development Bank for a Diesel Locomotive Shed in Ywa Htaung for Myanma Railways. Following a debate, the issue was put to a vote and passed 506 to 6. “It is required to give training to employees of Ywa Htaung locomotive shed because […]

Yangon set to launch card payment system for public transport

For the convenience of nearly 3 million commuters who use public transport on a daily basis, an international payment system will be launched in Myanmar’s commercial hub in the last week of April, Yangon Region Chief Minister Phyo Min Thein said on Friday. “We will launch YPS [Yangon Payment System] by April. We will make […]

New bus system suffers first-day jitters

A new public bus system that reduced and coordinated the number of bus lines from more than 300 to 70 launched in Yangon yesterday, easing traffic congestion but causing some chaos among confused passengers. The first day of the new system saw fewer buses than expected, though more than 3,700 buses were expected to operate […]

MR to Call Tenders to Lease Ad Space on Electric Trains

Subscribe to our tender alert mailing list When the electric train planned for downtown starts operation, companies will be given a chance to advertise on the train through a tender process, said U Arkar Min Tun, business manager of Myanmar Railways. “There is no instruction for the tender yet. Currently we are running some normal […]

Gov’t Must “Exert Effort” to Fix Yangon Transport: JICA Advisor

Yangon’s population is expected to nearly double in the next 20 years, and with people come increased transportation pressures on a city already straining under the weight of its 5 million inhabitants. The Japan International Cooperation Agency (JICA) has been pushing for greater infrastructure development in order to pull the core of the city away […]

Advertisers Shy Away from Dodgy Trains

Myanma Railways is receiving fewer proposals from businesses to post advertisements on train cars because the cars have to be repaired frequently, according to railway officials. The advertisers have to reattach their advertisements when the cars are repaired leading to extra costs. “We received a lot of advertisements for a year since we started in […]