fbpx

Yoma Land targets middle-income buyers with new property project in Yangon

Yoma Land this month introduced a new real estate project targeted at middle-income earners. The firm, an umbrella branch of Yoma Strategic and First Myanmar Investment Company, on December 21 launched City Loft, a new property project targeting young working professionals. The property will be developed in phases at a 22-acre site within Yoma’s Star […]

Yellow buses from China brighten Yangon’s rush-hour mood

YANGON — One-thousand yellow buses from China are bringing a bit of order to Yangon’s notorious rush-hour traffic — and becoming local symbols of convenience and modernization. As the sun sets in Myanmar’s biggest city and former capital, the streets are packed with taxis and private vehicles, horns blaring. Drivers switch lanes, looking for any […]

Analysis: Yangon Public Losing Patience With Mercurial Chief Minister

Of Myanmar’s 14 state and regional chief ministers, few have seen such highs and lows in terms of their public approval as Yangon’s U Phyo Min Thein. In 2016, the country’s biggest nationalist group, Ma Ba Tha, threatened to target him with a nationwide protest after he vowed to wipe the group out. In response, […]

Excel KC Myanmar disqualified from implementing Yangon Payment System for Yangon public transport system

Excel KC Myanmar will no longer be eligible to build and implement a card payments system covering public transportation, the Yangon Regional Government said on April 21. After discussing terms of the contract, the government said Excel KC Myanmar did not have the necessary qualifications to implement the Yangon Payment Services (YPS) system and that […]

Yangon regional government weighing policies to control traffic

The Yangon regional government is currently weighing a car import policy for the region and will announce its decision in due course, U Myint Thaung, regional planning and finance minister, said last week. Policies including permits for individual car importing are now being discussed with Yangon’s chronic traffic problems in mind. The number of vehicles […]

Yangon Transport Authority Declares YBS a ‘Success’ on Its 1st Birthday

YANGON— Yangon transport officials declared the city’s revamped a bus system a “success” on its first anniversary on Tuesday, downplaying what has generally been regarded as a bumpy start. “The Yangon Bus Service has achieved 70 percent of the goals we set,” Dr. Maung Aung, secretary of the Yangon Region Transport Authority (YRTA), the body […]

Excel KC Myanmar to Provide Payment Services for YBS

Excel KC Myanmar Co has won a tender by the Yangon Regional Government to implement the Yangon Payment Services (YPS) cashless payment system on all Yangon Bus Service (YBS) buses this year. The company was selected over two other companies which were shortlisted by the Yangon Regional Government to provide the service. After conducting checks […]

Despite Over 30,000 Registered at YRTA, Many Have Yet to Sign Up

​​ Over 30,000 vehicles have been registered as city taxis at the Yangon Region Transport Authority (YRTA) up to January 2 but thousands are expected to remain outside the list. The YRTA announced in November 2017 that all taxis must register by the end of December as the last date. In total, 7,880 taxis were registered […]

Excel KC Myanmar Co wins tender to provide card payment service on YBS buses

Excel KC Myanmar Co Ltd has won the tender to launch a card payment system called Yangon Payment Service-YPS to be used on YBS (Yangon Bus Service) passenger buses, according to a statement released by the tender scrutiny and supervision committee of the Yangon Region government. The list of shortlisted companies was announced on December […]

Three companies Shortlisted for Yangon Payment Services Tender

The Yangon Regional Government has shortlisted three companies to implement the Yangon Payment Services (YPS) cashless payment system on all Yangon buses in 2018. After conducting checks and meeting with a total of 14 companies which tendered for the project, the Tender Supervisory Committee has selected AnyPay Payment Services Co.,Ltd, Asia Stamar Transport Intelligent Co.,Ltd […]