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Cattle pens needed to lower costs for China overland trade

The government should set up suitable holding pens for cattle on the Myanmar side that will help lower the costs of transportation for the overland cross-border trade with China. Currently, China buys one million head of cattle from Myanmar on a quota system with discussions over an agreement ensuring more stable demand being held. Points […]

Naypyidaw: A mirror for Indonesia’s new capital

one would only need to look at the stories of Brasilia, Islamabad and the likes to see the level of sophistication needed in planning. Numerous presidents, from Sukarno to Susilo Bambang Yudhoyono and President Joko “Jokowi” Widodo nearing the end of his first term have considered the prospects of a new capital. Yet there has […]

Chinese company proposes new circular railroad for Yangon

Representatives from China Railway Engineering Co Ltd (CREC) have met with the Yangon Region government to discuss the possibility of constructing of a new Yangon circular railroad, U Than Naing Oo, a member of the Yangon Region Hluttaw’s Transportation, Communications, Construction and Industry Committee told The Myanmar Times. “CREC proposed two versions of the potential […]

‘Moving Yangon Forward’ towards a better transport system

The question of transportation in Yangon was at the forefront of an event last week. The Moving Yangon Forward: The Urban Mobility Forum held at a hotel in Yangon on February 20 discussed how mobility and transportation in Yangon can be improved to make the city a more inclusive for all. The forum saw the […]

Suu Kyi stresses trade relations and investment on Nepal visit

During a visit to the Nepal Chamber Expo-2018 in Kathmandu, Myanmar State Counsellor Aung San Suu Kyi stressed the importance of trade between the two countries and talked about the opportunity of investing and doing business in Myanmar. The Myanmar State Counsellor is on a three-day official visit to Nepal. It is the first in […]

Energy Ministry Negotiates to Lower Fuel Oil Prices

The Ministry of Electricity and Energy is negotiating with suppliers to bring down fuel oil prices, said managing director of the ministry U Thant Sin. U Thant Sin, who is also the vice-chairman of the government supervisory committee on petroleum and petroleum product business activities, said during a monthly press conference on Thursday in Naypyitaw […]

NYDC – Creating an Efficient and Accessible System of Public Transportation

CEO’s Weekly Blog – 8 October 2018 Creating an Efficient and Accessible System of Public Transportation There has been a lot of press reports and comments on social media questioning the validity of NYDC. Some have questioned whether NYDC is a properly approved entity, whether budget has been approved, or if funds are used appropriately. […]

Ooredoo and Nokia Enter in a Partnership, Introducing IoT Services to Myanmar

Ooredoo Myanmar and Nokia have agreed to enter into a partnership to introduce first ever Internet of Things (IoT) services platform in the country. The platform will allow its customers, especially in enterprise and government sectors to build customized solutions to streamline and govern their respective operations on a real time basis. Not only this, […]

Business Community Counters Gov’t Reasons for Kyat Depreciation

While Myanmar’s government has blamed currency manipulation and the trade war between the United States and China for the record depreciation of the kyat against US dollar, business circles are pointing out the Myanmar government’s mismanagement and the Central Bank of Myanmar’s poor performance. The kyat-dollar exchange rate has increased steeply from 1,344 kyats per […]

Govt. plans to attract more tourists through Maw Taung gate

Maw Taung border gate in Myanmar-Thailand border is seeing less tourists and it need to open permanently to attract the tourists, according to officials and traders. Trading and tourism sectors through Maw Taung border gate have restrictions as it is a special temporary border trade post in Thailand side. Myanmar opened the border gate as […]