Myanmar National Airlines (MNA) will add five more flights per week on its Singapore-Yangon route starting December 1, when the visa waiver between the two countries comes into effect. Demand for the route, which MNA commenced as a daily service in August 2015, has been slow to moderate, according to some outbound agents in Singapore. […]
Can Myanmar’s Natural Gas riches reel in serious investment?
March 28, 2016 by
After five decades of oil and gas exploration stagnation and mismanagement of natural resources under military rule, Myanmar (formerly Burma) in March elected its first non-military president since the 1962 coup, and if it all plays out right, it could open the floodgates for investment in this strategically vital oil and gas venue. On 15 […]
Myanmar aims high for gas discoveries in the future
January 15, 2016 by
THE RECENT discovery of gas in Block A-6 is just the first of numerous discoveries in Myanmar, which remains an attractive frontier for international oil and gas companies despite a plunge in petroleum prices, energy officials say. Than Minn, director for planning of Myanmar Oil and Gas Enterprise (MOGE), said the country had very great […]
Myanmar set to emerge Asian leader in oil, gas exploration
September 17, 2015 by
Despite the slump in energy prices, oil and gas fields in Myanmar will soon be the busiest in Asia as foreign and local investors begin to ratchet up their explorations, a recent seminar was told. Waranon Laprabang, senior vice president of PTT Exploration and Production, said oil prices are creeping up. “For now, operators need […]
Oil prices, general elections weigh on Myanmar’s economy
April 20, 2015 by
SINGAPORE: The drop in oil prices and uncertainties surrounding Myanmar’s general elections later this year are weighing on the country’s economy, as it prepares to halt oil block auctions and braces for a drop in foreign direct investment (FDI). In an exclusive interview with Channel NewsAsia, Myanmar’s Union Minister for energy Zay Yar Aung says […]
Myanmar Airways to hold talks with ATR Airbus Group
November 27, 2014 by
YANGON — With the impending arrival of new aircraft earlier than the scheduled delivery time, officials from state-owned Myanmar Airways will visit France to hold talks with French Aerospace Company (ATR), according to Myanmar Airways’ report. The Myanmar Airways signed an agreement on May 6 to buy six new aircraft from ATR and to open […]
Myanmar Airways consults with Avia Solution Group to expand flights
July 10, 2014 by
State-owned Myanmar Airways is discussing with an aviation consultant, Avia Solution Group, with the aim to expand the network of international flights, sources said. The airline has contracted the consultant to advise on the expansion plans. Representatives from the airline, the consultant and US-based GE Capital Aviation Services which provides aircraft leasing services have been […]
