fbpx

YBPC faces losses of K5 mln per day, YRTA pushes cashless payment

The Yangon Bus Public Company (YBPC) in incurring a loss of about K15,000 per bus per day on passenger fares, according to an internal report of the company, said U Hla Aung, the joint-secretary of the Yangon Region Transport Authority (YRTA). “The YBPC appointed staff to the buses to calculate the number of commuters per […]

Despite High Operating Costs, CEO of Yangon’s New Bus System Remains Optimistic

YANGON— Dubbed one of the first big reforms made by the National League for Democracy government in Myanmar’s financial hub Yangon, a new public transport system known as the Yangon Bus System (YBS) will turn one next month. The new system was aimed at replacing the former capital’s old bus service—the Rangoon Motor Vehicles Supervisory […]

Suu Kyi’s man in Yangon under fire over transit deal with China

Aung San Suu Kyi’s first major infrastructure project could hardly be more visible – hundreds of new yellow buses now plying the streets of Yangon in what her ruling party hopes will be a potent symbol of how it is transforming peoples’ lives. But two deals to import 2,000 buses from China estimated at more […]

Transport Experts Encourage Myanmar to Adopt PPP model

AS Myanmar and its cities are developing the transport infrastructure, experts have advocated the adoption of the public-private partnership (PPP) model to speed up the development, according to a transport conference last week. International law firm Baker McKenzie, in collaboration with the British Chamber of Commerce Myanmar, hosted the conference “Myanmar: Moving Ahead Perspectives on Developing Transportation Infrastructure” […]

No Profits or Share Dividends for YBPC Yet

​​ YANGON Bus Public Company (YBPC) has not received any profits after running for a year and hence the firm cannot pay dividends to its shareholders, according to Yangon Bus Public Company chair U Maung Aung. The YBPC was registered under the Ministry of National Planning and Economic Development and has been permitted to operate […]

E-Ticketing Comes to Rangoon’s Public Transit

RANGOON — A local company teamed up with a Singapore-based land transportation management company to implement an electronic ticketing service for Rangoon’s public transportation system, according to the companies’ representatives. The local company, Integrated Smart Solutions Co. Ltd (ISS), and MSI Global Pte Ltd—a subsidiary of the Land Transport Authority of Singapore, announced the partnership […]