Location for New Muse Airport to be Confirmed Before Fiscal Year-End

The Department of Civil Aviation (DCA) is hoping to confirm the location for a new airport in Muse before the end of this fiscal year, Deputy Director General U Ye Htut Aung told The Myanmar Times on November 6. Muse is Myanmar’s largest border trading post and where most of the country’s border trade with China takes […]

German Bank to Loan €5m For Upgrades at Yangon Railway

​​ Myanmar is to re­ceive a €5 mil­lion loan from Germany’s KfW Develop­ment Bank for upgrades to the Ywa Htaung diesel locomotive shed, where trains are kept when not in use. Parliament passed a motion last week to ap­prove the loan, which will also be spent on upgrad­ing a training centre for repair workers. “We […]

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 […]

Mobil phone ownership at 90 per cent

Over 90 per cent of the people in Myanmar now own a phone, up from only 10 per cent five years ago, said U Kyaw Myo, Deputy Minister for Transport and Communications at the 16th ASEAN Telecommunications and Information Technology Ministers Meeting. “The Myanmar communications sector has rapidly developed under the new system. The number […]