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Air KBZ to Operate International Flights to Chiang Mai
Air KBZ plans to launch its first international route on 2 December, when it will begin thrice-weekly flights from Yangon to Chiang Mai, Thailand, said Assistant General Manager Daw Aye Mra Thar. The...
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Turkish Powership Sets Sail
A Turkish-built floating power plant capable of generating 480 megawatts will cross the seas to Myanmar next year to help beat blackouts in the Yangon region. The Karadeniz Powership Onur Sultan was...
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Burma’s Electricity Demand Predicted to Nearly Double By 2020
RANGOON — Demand for electricity consumption in Burma could double over the next four years, the Asian Development Bank (ADB) and government officials have predicted. Electricity consumption...
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Flower crab exports declined by half this year
Despite the continued high demand for flower crab from Thailand, this year’s export volume of the blue crabs has declined by half compared to the same period last year, exporters say. “The price of...
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Myanmar’s dried tea leaves to go to Germany
GERMANY pledged to purchase almost all the good-quality dried tea leaves produced from Shan State before Christmas, according to a spokesperson of the Ministry of Industry. The demand from the western...
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Tenders invited for water taxi vessels
Yangon Region Transport Authority (YRTA) invited tenders on 16 November for vessels that will be used as water taxis on the Hlaing River and Nga Moe Yeik creek, it is learnt. The water buses will...
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Mandalay’s Chanmyashwepyi Bus Terminal to be upgraded
MANDALAY City Development Committee plans to improve the Chanmyashwepyi (Kywesekan) Bus Terminal located about 10 km (8 miles) central Mandalay, before the end of this year. The M-development...
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Survey to be conducted on taxis licensed outside of Yangon
A survey will be conducted for taxis operating in Yangon with licenses from other towns starting in December, said Dr. Maung Aung, the secretary of the Yangon Transport Authority. There are many taxis...
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Hotel must report on list of foreign guests to authorities
Hotels and guest houses must compile a list of foreign guests to send to the authorities of township administration, the Ministry of Immigration and Population, according to deputy township officer U...
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Depreciation of Myanmar kyat in 2014-15 Due to Surging US Dollar
A strong US dollar and the trade deficit resulted in the depreciation of the kyat by 12.7 per cent, Deputy Governor Daw Khin Saw Oo of the Central Bank of Myanmar was quoted as saying at Pyidaungsu...
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Maritime Trade Value Declines While Border Trade Value Increases
The value of trade through normal trade as of 11th November in this fiscal year declined by over US$328.406 million, while value of trade through border area increased by US$ 390.421million, according...
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Public Company to Build Government Housing Project
Public company Myanmar Construction and Development will finance and build a low-cost government housing project in Yangon. Chair of Myanmar Construction and Development U Thar Htay confirmed to The...
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Stall Vendors Banned on 11 Yangon Roads to Ease Traffic
Roadside stall vendors can no longer operate their businesses along 11 roads in Yangon, the Yangon City Development Committee (YCDC) said on Tuesday. Anawrahta, Bogyoke Aung San, Maha Bandoola,...
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Bids Invited for Yangon Hovercraft
Yangon Region Transport Authority (YRTA) has invited an open tender for hovercraft services that will run on the Hlaing and Ngamoeyeik rivers. In an attempt to ease congestion, the YRTA hopes to...
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Bidding to be Opened Soon on Bus Supply for BRT Lite
The Yangon Bus Public Company is reportedly planning to buy 100 more buses in BRT (bus rapid transport system) and tenders will be invited in the third week of November. The buses have to be made in...
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Trade GSP Can’t Make Profit for Myanmar in Short Term
Some 5000 goods from Myanmar have been granted classification under the United States Generalised System of Preferences export scheme, however this will not see a rapid turnaround in profits, say...
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Grand Royal Group goes live with state-of-the-art Production Planning and...
Sanjay Gupta, CEO Grand Royal The market leader in the whisky market in Myanmar with over 70% market share – Grand Royal Group is not only a well-known brand in Myanmar – it is also a well-run company....
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Black Friday : e-commerce sales taking off in Myanmar
Shop.com.mm, Myanmar’s largest e-commerce platform, are providing access to substantial discounts and unmatched variety for their Black Friday Sale, November 25th-27th. Black Friday Sales...
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VPower Launches HK$1.94 bn IPO to Fund Expansion into Emerging Markets
Hong Kong generator and engines firm aims to target supply-short countries in Africa and Middle East VPower Group, which generates electricity from natural gas and diesel-based engines in regions of...
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KFC to open in Mandalay
Kentucky Fried Chicken’s expansionist designs on Myanmar will forge ahead in 2017, with branches set to open in Mandalay, Yangon and two yet-to-be-announced locations. KFC Myanmar administration...
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