U Myat Thu

Next bidding round for Oil & Gas blocks expected in January, retired official Says

November 1, 2019 by thiha

Myanmar is expected to call the next bidding round in January 2020 after passing the draft oil and gas law, said a retired senior official. Having planned to start the process in the first half of 2019, the government has delayed the international bidding round in order to get the new bill in place. “We […]

Filed Under: Tenders & Awards Tagged With: Chief Executive of Parami Energy, China, Environmental Conservation Law, finance, Foreign Economic Relations, Gas Law, Ministry of Planning, moge, MoPF, Myanma Oil & Gas Enterprise, Myanmar Alliance of Transparency and Accountability, oil, Pathein in Ayeyarwady Region, Petroleum Activities Supervision Central Committee, Planning Department, Production of Petroleum Bill, Production Sharing Contracts, Thailand, The Myanmar Times, U Aung Ko Ko, U Myat Thu, U Pyi Wa Tun, U Thaung Tun, U Ye Thein Oo, U Zaw Aung, Union Minister for Investment, Yangon School of Political Science

Ks10 billion deducted from proposed expenditures to be used in nine regional development sectors

June 12, 2018 by thiha

Over Ks10 billion deducted by the Mandalay regional Hluttaw from the proposed expenditures will be used for nine regional development sectors. The Mandalay regional Hluttaw deducted over Ks10 billion form the October 2018 to September 2019 expenditures, after the Hluttaw representatives pointed out in their discussions unnecessary or excessive expenses. Some nine Hluttaw representatives pointed […]

Filed Under: Latest News Tagged With: Chief Minister of the Mandalay Region, Dr Zaw Myint Maung, education and health sectors, Mandalay City Development Committee’s urban drainage project, Mandalay Region financial statement, Mandalay regional Hluttaw, Region Minister for Planning and Finance, U Myat Thu

Yangon to Mandalay Railway Back on Track

July 26, 2017 by Thiha

The railway linking Yangon to Mandalay has been slated to receive a series of large-scale, overdue renovations. With a loan from the Japan International Cooperation Agency (JICA), the 385 mile stretch of rail will be revamped to meet international standards and halve transportation times. U Myo Win, General Manager of Myanma Railways, told the Myanmar […]

Filed Under: Latest News Tagged With: Central Myanmar, construction materials, Deputy General Manager, development of Mandalay Division, food, General Manager, halve transportation times, International Standards, Japan, Japan International Cooperation Agency, JICA, Loan, mandalay, Mandalay’s Regional Minister of Finance Planning, Ministry of Transport and Communications, Modern Equipment, Myanmar Business Today, Myanma Railways, new coaches, new railway stations, ODA, Official Development Assistance, petroleum, Planning Department, Railway, Tangoo, U Myat Thu, U Myo Win, U Nyi Nyi Swe, Yangon

Thirty development projects in pipeline in Mandalay through fiscal 2020-21

July 20, 2017 by Thiha

The regional Minister for Planning and Finance, U Myat Thu told the second session of the regional Hluttaw that the development projects will be implemented in two ways; some will be carried out with loans and some will be carried out with financial support. Nineteen of the projects will be carried out with the help […]

Filed Under: Latest News Tagged With: ADB, AFD, agricultural, Asia Development Bank, City Development Committee, coaches, Constituency 1, Development of Ayeyarwady River System, development of the river system, development projects, Dr Chit Ko Ko, Dr Zaw Myint Maung, electricity supply, French Development Agency, international development aid agencies, international financial assistance, Japan International Cooperation Agency, JICA, Loans, mandalay, minister for planning and finance, Myanmar investment commission, Myanmar Railways, new locomotives, pipeline, Pyigyitagun township, regional chief minister, Regional Hluttaw, the Amarapura Urban Development Project, transportation, U Myat Thu, Urban Development, World Bank

Faster, easier loans for Mandalay SMEs

June 1, 2017 by Thiha

The chair from Loan Implementation sub-committee, U Maung Maung Win, who is also the deputy minister for planning and finance, headed the meeting. It was held on Sunday at the Mandalay Regional Chamber of Commerce (MRCCI) premises. U Maung Maung Win said a working committee will ensure that a separate loan facility will be set […]

Filed Under: Latest News Tagged With: business, CGI, deputy minister for Planning and Finance, Dr Zaw Myint Maung, entrepreneur, Japan, Kanbawza Bank (KBZ), Ko Okka Yaw, Loan, Mandalay Regional Chamber of Commerce (MRCCI), Mandalay SMEs, Myanmar Computer Professionals Association, Myanmar Times, NLD government, person, Regional Finance Minister U Myat Thu, Sector, SME, U Maung Maung Win, U Myat Thu, U Win Htay, Vice President U Myint Swe

Flooding not putting a dent in tourist agendas

August 7, 2015 by Thiha

Despite flooding occurring in 11 of Myanmar’s 14 states and regions, tourism to the country has not been affected and travellers are still visiting the most popular destinations, tour operators say. U Myat Thu, operations manager for Columbus Travel and Tours, told The Myanmar Times that flooding has not impacted major tourist destinations. “Everything is […]

Filed Under: Latest News Tagged With: Exchange Rates, flood-affected regions, flooding, Interconnection Travel and Tours, operations manager for Columbus Travel and Tours, Tourist Destinations, U Myat Thu

Air KBZ to Begin Charter Flights This Month

August 4, 2014 by thiha

Air KBZ will introduce air charter service starting this month, U Myat Thu general manager of the private airline told Myanmar Business Today. A fleet of six existing aircrafts, along with an ATR72-500 airliner, which arrived on July 9, will be available for both domestic and international service in August. “The new plane cannot be […]

Filed Under: Latest News Tagged With: Air KBZ, ATR, Aviation, Myanmar, planes, U Myat Thu