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 […]
Next bidding round for Oil & Gas blocks expected in January, retired official Says
Yangon to Mandalay Railway Back on Track
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 […]
Flooding not putting a dent in tourist agendas
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 […]
Air KBZ to Begin Charter Flights This Month
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 […]