China and Myanmar signed a memorandum of understanding (MoU) on Sunday to conduct feasibility study of a railway linking Mandalay, the country’s second largest city in Myanmar’s central region, with Kyaukphyu, the major town in Myanmar’s Rakhine state, according to a release from the Chinese embassy in Myanmar. Speaking at the signing ceremony, Chinese Ambassador […]
Ernst and Young given green light for Htantabin Industrial Park Project’s Swiss Challenge
Ernst and Young has been chosen to operate the Swiss Challenge tendering process for Htantabin Industrial Park project, Yangon Region government stated. The consultant firms were invited to take charge of the tendering process as per notification dated 30 July. Following the announcement inviting RFPs, Ernst and Young Myanmar, Deloitte Touche Myanmar Vigour Advisory Limited, […]
Japan offers to participate in Dawei SEZ development
Japan has made an official offer to participate in the development of the Dawei Special Economic Zone (SEZ), said U Myint San, Vice Chair of the SEZ management committee. “The Japanese government has made a proposal after we invited them to participate in the project on a government-to-government (G2G) level on November 5. They’ve sent […]
Boeing to assist Myanmar’s Air Mandalay to lease B737 NextGens
Boeing (BOE, Chicago O’Hare) has signed a Memorandum of Understanding with Air Mandalay (6T, Yangon) pledging to assist the Myanmar-based operator in its efforts to source B737 NextGen aircraft via lease. “This memorandum is an important step in our growth strategy,” Dato’ Adam Htoon, principal of Air Mandalay, said “Due to the growth of tourism […]
Ooredoo, Telenor to partner with Samsung for mobile services
International telecoms operators Ooredoo and Telenor will cooperate with tech giant Samsung to provide faster mobile internet services in Myanmar. Ooredoo Myanmar and Samsung signed a memorandum of understanding last Friday offer customers a range of “Special Bundles” designed to make the most of Ooredoo’s 3G network on data-driven Samsung devices. Ooredoo’s products and services […]