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YRTA to invite tender to install card system on YBS buses

The Yangon Region Transport Authority (YRTA) has invited the tender to install card system on Yangon Bus Service (YBS) buses, according to a report in the Myawady Daily yesterday. YRTA has invited...

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Ministry Pledges Legal Protection For Domestic Workers

The Ministry of Labor, Immigration and Population has pledged to provide legal protections for Myanmar housemaids working abroad without proper documentation, the minister said on Thursday. Responding...

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The road to taxi reform – can ride-hailing apps help fix the market?

Duncan Burry notes the promise ride-hailing apps hold for Myanmar’s future. Hello Cabs, Myanmar’s first ride-hailing app, was launched in Yangon in August of 2015. Oway Ride, a local rival, was not...

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Invitation for Tender for Supply of Cashless Payment System for YBS Bus....

Yangon Region Government Invitation of tender for Yangon Payment Services (First Step) Required Documents for submitting   Yangon Region Government intends to implement for Yangon Payment Services...

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Thailand’s PTT poised to gain from Myanmar deal

THAI and Myanmar officials will sign a memorandum of agreement at a meeting of Asean energy ministers next month that will take energy giant PTT a step closer towards a major gas project across the...

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4.8 Million Housing Units Required by 2040

The government’s national policy on housing will take into account the country’s urbanisation and urban migration. Myanmar’s commercial capital will need 1.07 million housing units by 2040 and the...

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Britannia Industries Eye Expansion Into Myanmar

New Delhi, Aug 7 () Britannia expects around 10-12 per cent of its revenue to come from overseas markets in the next 3-5 years and plans to set up a plant in Nepal as part of global business...

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Myanmar Freelance Start-Up Aims for Substantial Growth in One Year

IN LESS than one year since its September 2016 launch, Chate Sat, Myanmar’s first ever freelancing platform where users can find or offer freelance work, has gathered more than 5,000 freelancers and...

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Investment Promotion and Protection Agreement with Singapore under way

Negotiations over an agreement on investment promotion and protection between Myanmar and Singapore have started, according to Directorate of Investment and Company Administration (DICA) Director...

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ODI Urges Myanmar to Raise Chinese FDI in Garment Units

Myanmar should take steps to raise foreign direct investment (FDI) from China in labour-intensive sectors, such as garments, to boost the country’s economic transformation, according to a briefing...

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Myanmar striving to lure foreign investment

Myanmar continued to strive for attracting foreign investment into the country in the current 2017-18 fiscal year which began in April. During the first four months of the fiscal year up to July, 3.1...

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Will the cheroot tradition go up in smoke?

The industry faces many challenges. Reinvention is needed if the traditional cigarette is to survive. “I roll one thousand cheroots per day,” says 27-year-old Tin Ninlar Win as she finishes one thin...

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Ten-day jade show yields €240 million in sales so far

Over 3,400 lots of jade have been sold for a total of €240 million in the first four days of the 54th Gem Emporium in Nay Pyi Taw, Jade Business Community secretary U Min Thu said. The sales figures...

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Suu Kyi’s dilemma over Myanmar energy mix

YANGON — When Aung San Suu Kyi’s National League for Democracy was swept into power in 2015, economic development was a key priority and the fledgling government’s social and environmental stance...

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The Long Game: How Developing Countries Can Get Microfinance Right

In developing economies such as Myanmar, microfinance is often viewed as a means for lifting people out of poverty. As of 2015, small and medium enterprises (SMEs) comprised 99% of the country’s...

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The Foreign View on Myanmar’s Democratic Transition

Foreign ambassadors have expressed optimism that Myanmar is succeeding on its own path to democracy but could benefit from foreign help in terms of the peace process, and such fields as health and...

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The ‘Belt and Road’ Projects China Doesn’t Want Anyone Talking About

Kunming, Yunnan’s provincial capital, occupies a key place in China’s economic diplomacy efforts as the terminus of oil and gas pipelines from the Bay of Bengal and the starting point of a planned...

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Tariffs and policies: The crux of Myanmar’s power problem

In 2017, Myanmar is projected to generate a maximum of 2,700 megawatts of electricity, up from around 2,500 MW in 2016, as the population expands and demand for power in the country continues to rise....

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Singapore cord blood bank targets upper middle-class market

CORDLIFE GROUP, a Singapore-listed cord blood bank, has officially opened an office in Yangon. It will offer cord blood, cord lining and cord tissue banking services to new parents in Myanmar. Samples...

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YBS, YRTA and a new initiative to be accepted by the people

With the number of Yangon city-dwellers increasing by leaps and bounds, transportation became a problem for Yangon city commuters. It has been a big problem for many years. Due to poor management of...

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