Poor management at Myanmar’s ports leads to costly delays

Inefficiency and poor management at the privately-owned Myanmar Industrial Port (MIP) are causing delays, resulting in losses borne by logistic operators. Businesses told The Myanmar Times that the MIP is poorly managed and overcrowded, leading to the unnecessary costly detention of their shipment. “The main problem of the logistics sector is that the ports are […]

Shareholders ask bus company to buy back shares

Some 200 shareholders of bus service operator Yangon Urban Public Transportation Company (YUPT) are calling on the Yangon Region government to buy over their shares in the company. This comes after a shareholder uprising over the company’s lack of profit and leadership selection disrupted YUPT’s annual general meeting in late October. Last weekend, YUPT began […]

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 the authorities concerned, the bus lines in Yangon had been a nuisance for commuters in the city. They had to always travel […]