Yoma Car Share Opens New Rental Hubs

Self-drive car rental service Yoma Car Share recently opened a new rental hub in front of Terminal 2 at Yangon International Airport and another in front of the Capital Hypermarket in Thaketa Township. “With 24 rental hubs in Myanmar, we are ready to fulfill the diversified mobility needs of corporate and individual customers,” said Yoma […]

GrabFood service to open in Mandalay

GrabFood service will start in Mandalay as part of the company’s expansion, said U Myat Kaung Min, head of GrabFood Myanmar. It proved to be a hit during testing in Yangon in November, he said. “Although food delivery services are increasing in the country, it is still less than in other countries,” U Myat Kaung […]

India-Myanmar Cross-Border Bus Service to Operate Soon

Mandalay – The long-awaited bus service to cross the India-Myanmar border through India’s northeastern state of Manipur is set to operate from April. The 579-km service between Mandalay and Imphal, the capital of Manipur, will be the first bus link after 17 years of planning and government talks as part of India’s Look East policy. […]

Delivery app starts service in Yangon

Foodpanda, a mobile food delivery service, will now connect users to over 1,000 restaurants in Yangon. “Foodpanda is a platform that is easy to use. It enables users to order foods easily, and get it delivered to their door. Myanmar will be a vital market for the company,” said foodpanda’s regional CEO for the Asia-Pacific […]

Floating hotel does trial runs at Chaungtha Beach

The government of Ayeyawady Region has approved the test operation of a floating hotel on a luxury cruise ship near Aungmingalar Island of Chaungtha Beach. It has been allowed for a one-year test period after building a jetty near the island and the government will continue to monitor whether it will adhere to rules and […]

Invitation for Open Tenders – 24th Yadana Offshore Domestic Gas Pipeline Free Span Survey, Deadline: 15th November, 2019

THE REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF ELECTRICITY AND ENERGY MYANMA OIL AND GAS ENTERPRISE (2/2019) Open tenders are invited for service of the following operations in United States Dollars. Sr. No Tender No Description Remark (1) OS-001 (2019-2020) 24th Yadana Offshore Domestic Gas Pipeline Free Span Survey US$   Tender Closing Date […]

Medicos discuss rising trend of people seeking treatment abroad

A former UN adviser said that a rising number of Myanmar citizens are seeking medical treatment abroad because they do not trust the country’s medical facilities and services. U Aung Tun Thet, a retired UN senior adviser and chief coordinator of Union Enterprise, said the increasing number of patients going abroad causes an outflow of […]

FDI could exceed MIC’s target in 2017-18, but still lower than previous years’

Between April 1 and July 11 of the current fiscal year, FDI into the country hit US$2.7 billion, almost half the MIC’s target. Meanwhile, a total of US$127 million in fresh funds was pumped into the Thilawa Speical Economic Zone, while US$221 million was injected into existing projects. That’s US$3.1 billion in total for the […]

MIRAIT Technologies Establishes a Subsidiary Company in Myanmar

TOKYO- MIRAIT Technologies Corporation (Head office: Nishi-Ku, Osaka, President: Kouichi Takahatake) announced today the establishment of its local subsidiary with 100% stake in Myanmar. Purpose of the new company MIRAIT Technologies Corporation as a comprehensive engineering company is expanding its business in APAC region with “Triple-Win Strategy.” Mamoru Tanaka, Senior Corporate Officer and Head of […]

Asia Frontier Capital Research Trip To Yangon In Myanmar

My last trip to Yangon was a little over two years ago. When arriving at the airport nothing has changed since then – just the immigration staff became more efficient – or maybe their computers are newer and thus faster? Last time it took the staff over 5 minutes to handle one person and fortunately […]