Bus operators have expressed reservations about the final design of the Chan Mya Shwe Pyi (Kywel Sel Kan) bus terminal in Mandalay, which is touted as one of the most modern in the country. The final design of the upgrade was submitted last month to the Mandalay City Development Committee (MCDC) by M-Development Corporation Co […]
State-owned Thai oil company unit to invest more in Myanmar
August 6, 2018 by
BANGKOK — Thailand’s PTT Exploration and Production, a subsidiary of Thailand’s national oil and gas conglomerate PTT, plans to greatly expand its investment in Myanmar. The company aims to join a new round of bidding for oil and gas exploration rights, due to open by the end of this year, in hopes of cashing in […]
Unable to break protectionist curse, FMI bites the dust
July 24, 2018 by
FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]
Japanese firm to build train station along Yangon Circular Railway
July 23, 2018 by
Japan’s Hello Communications has submitted a proposal to upgrade train stations along the Yangon Circular Railway to Myanma Railways, which operates the line, U Arkar Min Thu, general manager of the economic department under Myanma Railways, told The Myanmar Times on Tuesday. It is the first time Myanma Railways is receiving proposals from the private […]
New GMs for Hotel G in Yangon, Singapore
June 28, 2018 by
Hotel G Yangon has welcomed a new cluster general manager, Serge Rigodin, who will also lead the nearby Inya Lake Hotel. A native of Grenoble, France, Rigodin has managed a number of other GCP Hospitality properties, most recently the 308-room Hotel G Singapore. Prior to Singapore, Rigodin was director of residences at Embassy House, a […]
Invitation for Price Quotations, Ministry of Electricity and Energy invites eligible suppliers to express the interest, Closing Date: 8 June 2018.
May 11, 2018 by
The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) towards the cost of Electric Power Project (EPP). The IDA No. of the financing agreement is No. 5306 MM. The Electric Power Generation Enterprise (EPGE) of the Ministry of Electricity and Energy in its role as implementing agency of […]
