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Ks10 billion deducted from proposed expenditures to be used in nine regional development sectors

Over Ks10 billion deducted by the Mandalay regional Hluttaw from the proposed expenditures will be used for nine regional development sectors. The Mandalay regional Hluttaw deducted over Ks10 billion form the October 2018 to September 2019 expenditures, after the Hluttaw representatives pointed out in their discussions unnecessary or excessive expenses. Some nine Hluttaw representatives pointed […]

Yangon to Mandalay Railway Back on Track

The railway linking Yangon to Manda­lay has been slat­ed to receive a series of large-scale, overdue reno­vations. With a loan from the Japan International Co­operation Agency (JICA), the 385 mile stretch of rail will be revamped to meet international standards and halve transportation times. U Myo Win, General Manager of Myanma Rail­ways, told the Myanmar […]

Thirty development projects in pipeline in Mandalay through fiscal 2020-21

The regional Minister for Planning and Finance, U Myat Thu told the second session of the regional Hluttaw that the development projects will be implemented in two ways; some will be carried out with loans and some will be carried out with financial support. Nineteen of the projects will be carried out with the help […]

Faster, easier loans for Mandalay SMEs

The chair from Loan Implementation sub-committee, U Maung Maung Win, who is also the deputy minister for planning and finance, headed the meeting. It was held on Sunday at the Mandalay Regional Chamber of Commerce (MRCCI) premises. U Maung Maung Win said a working committee will ensure that a separate loan facility will be set […]

Flooding not putting a dent in tourist agendas

Despite flooding occurring in 11 of Myanmar’s 14 states and regions, tourism to the country has not been affected and travellers are still visiting the most popular destinations, tour operators say. U Myat Thu, operations manager for Columbus Travel and Tours, told The Myanmar Times that flooding has not impacted major tourist destinations. “Everything is […]

Air KBZ to Begin Charter Flights This Month

Air KBZ will introduce air charter service starting this month, U Myat Thu general manager of the private airline told Myanmar Business Today. A fleet of six existing aircrafts, along with an ATR72-500 airliner, which arrived on July 9, will be available for both domestic and international service in August. “The new plane cannot be […]