Japan investment to change the face of train travel in Yangon

YANGON – Tourists visiting Myanmar’s largest city, Yangon, could be set to lose one of the star attractions of the former capital, as Japan invests in upgrading the railway which encircles the city. While the responsibility for upgrading the 46 kilometers of track which makes up the Yangon Circular Railway rests with Myanmar Railways, the […]

Myanmar moves ahead on airport

YANGON, 30 December 2016: Myanmar’s vice president, U Henry Van Thio, has called for a show of transparency to ensure the Hanthawaddy International Airport project becomes a showcase for the country’s tourism development. Global New Light of Myanmar quoted the vice president saying the airport, once completed will become a major gateway for international airlines. […]

Yangon rail system to get upgrade

Tourists visiting Myanmar’s largest city, Yangon, could lose one of the star attractions of the former capital after the railway that encircles the city is upgraded with the help of Japanese investment. While the responsibility for upgrading the 46 km (28.5 miles) of track that makes up the Yangon Circular Railway rests with Myanmar Railways, […]

Dusit Thani Yangon to Bring International Hospitality to Myanmar in 2019

​​ Dusit International has signed a management agreement with Myanmar V-Pile Group to operate the Dusit Thani Yangon. Located just 15 minutes by car from Yangon International Airport, and approximately 20 minutes’ drive from the city’s main tourist attraction, the Shwedagon Pagoda, the new property sits at the heart of land earmarked by the Myanmar […]

Burger King Sets up Second Store at New Domestic Terminal

Myanmar is getting its first ever publicly-accessible Burger King outlet, although whopper-enthusiasts will have to make their way to Yangon International Airport’s new domestic terminal to slake their hunger. The new Asia World-built domestic terminal – T3 – opened yesterday, with the first flights scheduled to take off later this week, according to Asia World. […]

Yangon Airport Receives Over 360,000 Passengers a Month

Yangon International Airport currently hosts over 360,000 passengers per month, with 120 flights landing daily, said U Aung Kyaw Tun, the deputy director-general of the Civil Aviation Department. Previously, there were only 40 flights per day that landed at Yangon International Airport. With the added flights to and from all over the world, the Yangon […]

DCA Submits Plan For Regional Airports to Be Privately Run

The Department of Civil Aviation has submitted a plan under which private firms would renovate and run regional domestic airports across Myanmar under public-private partnership (PPP) agreements, deputy director general U Ye Htut Aung told The Myanmar Times. The DCA submitted the plan to the Ministry of Transport and Communications last month for inspection, which in […]

Post-Sanctions Myanmar the New Frontier for Global Business

YANGON/TOKYO — The end of long-standing U.S. sanctions on Myanmar companies linked to the former military government is cause for celebration in both countries, opening up a slew of previously off-limits business and investment opportunities. The U.S. Treasury Department lifted all financial sanctions on the Southeast Asian nation Friday after months of dogged appeals by […]

Hanthawaddy Airport Agreement in Final Stage

RANGOON — A final concession agreement will be signed by the end of this year with the Japanese-Singapore consortium which won a tender to construct the Hanthawaddy International Airport north of Rangoon, according to a government minister. U Thant Sin Maung, Burma’s Minister for Transport and Communications, told lawmakers during the parliamentary session on Tuesday […]

Myanmar’s 5 growth sectors highlighted

INFRASTRUCTURE, ICT, agriculture and processing, manufacturing and tourism are highlighted as the most attractive sectors for Thai investors looking to establish a presence in Myanmar. At a seminar hosted yesterday by Bangkok Bank, Nattawin Pongpetrarat, vice chairman of the Thai Business Association of Myanmar, said a large number of infrastructure projects ranging from roads to […]