Yangon water bus biodiesel plan to support farmers

An Australian agricultural company will give support for growing plants which can be used in biodiesel production within two years. This was the message from Tint Tint Lwin of Tint Tint Myanmar Co as he spoke at the opening ceremony of Yangon Water Bus service held on October 6. She said the biodiesel producing crops […]

Monitoring system updated for Thilawa SEZ and Yangon River

Myanmar-Japan Thilawa Development Limited (MJTD) set up a weather monitoring system, using Japanese technology, at Thilawa Special Economic Zone and surface water level sensor on the Yangon River, said MJTD. The weather monitoring system provides information on wind speed, wind direction, precipitation, air pressure, temperature and humidity levels as well as water levels in the […]

HK Chief Executive Carrie Lam wants more trade with Myanmar

Hong Kong (HKSAR)-The Chief Executive, Mrs Carrie Lam, continued her visit to Myanmar in Yangon today (September 16). Mrs Lam attended the 14th World Chinese Entrepreneurs Convention (WCEC) in the morning. Themed “Setting up Historical Milestones through the Economic Reform of Myanmar”, the WCEC was attended by some 2 000 leading Chinese entrepreneurs from around […]

Myanmar casts its net for a global terminal operator as port expands

Myanmar’s largest container port is in the process of bringing on a global terminal operator as majority shareholder. One of four inner-city terminals on Yangon River, Myanmar Industrial Port (MIP) handles 400,000 teu a year – about 40% of the country’s container throughput. According to chief financial officer Chris O’Connor, MIP is reviewing bids from […]

China ups its game in Myanmar’s SEZ race

CHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local Chinese business association. The proposed locality and projects overlap with the prospective South Korea-led special economic zone. Members of the Yangon-headquartered Myanmar Chinese Chamber of […]

Two catamarans from Australia arrive for Yangon Water Bus service

The vessels arrived Tuesday at Yangon’s Nanthidar Jetty for government inspection, according to the official Facebook page of Yangon Water Bus service which is owned and operated by the Tint Tint Myanmar Company. The K37 billion Yangon Water Bus project will run along the Yangon River, the Hlaing River, the Nga Moe Yeik creek and […]

Fuel Importers Submit Proposal for Deep-Sea Port in Yangon

Representatives of the oil and gas in­dustry have sub­mitted a business propos­al to the government to a build a deep-sea port near Yangon. “We are studying the potential logistics and feasibility of a deep-sea port project 20 miles from Yangon to reduce transportation costs for maritime trade and fuel imports,” Dr Win Myint, Secretary of […]

Regional Govt to Build Bridges, Underground Road System

The regional government plans to build bridges and an underground road system to connect Yangon’s older and newer sections, announced Chief Minister Phyo Min Thein on July 11. “Yangon is densely populated, and the regional government plans to expand its area. We plan to build a new town on the opposite side of the Yangon […]

Mitsubishi Chemical to market drinking water systems in Myanmar

YANGON — Japan’s Mitsubishi Chemical Holdings will begin selling a river water treatment system to the private and public sectors in Myanmar, where economic growth is expected to drive demand for safe drinking water. Tokyo-based Wellthy, a Mitsubishi Chemical’s unit in the water treatment business, will establish a joint venture with its local partner Myanmar […]

Yangon’s economy–the strength of the nation

Yangon Region is a place where most of the income of the nation earns. All the goods are also flowing into the region from every corner of the country. Economic development in this region will surely bring about development of other regions and states. The following is the views of economic experts on development of […]