Enhance SME funding with clearer accounting processes.
Small and medium size companies all over the world face many similar issues. Probably the most important and one that can make or break progress, is the process to find…
New shipping container service planned between Yangon Sri Lanka and India.
Herbilan Shipping Pvt has announced they will provide via the Indian port of Visakhapatnam (also known as Vizag) a container service linking Colombo, Sri Lanka and Yangon. The service is…
Millcon Steel of Thailand announces joint venture $15m investment in new steel production site in Thilawa.
Thilawa Special Economic zone has a new investment project, a joint venture valued at $15m for a new Millcon steel manufacturing plant that will produce up to 90,000 tonnes per…
The Japan International Cooperation Agency proposes 2 underground railways for Yangon
With forecasts that the Yangon population will double to 10 million in 25 years The Japan International Cooperation Agency (JICA) has proposed two underground railway lines for Yangon to help…
New flyover projects at Kokkine Junction & Tamwe Junction
Reports state that Capital Construction has been awarded the contract to build a new flyover at Kokkine Junction, by Kabaraye Pagoda Road and University Avenue Road. Also awarded is, apparently,…
Manitowoc Cranes (USA) chooses Asiagroup Myanmar as distributor.
A joint venture has been announced between Manitowoc of Wisconsin, USA and Two Elephant Asiagroup, to distribute cranes in Myanmar. This includes the GROVE brand of mobile hydraulic cranes, which…
Yangon to provide tram services from October with phase two due December
Preliminary agreements that were signed in July between The Ministry of Transportation and West Corporation have allowed work to start to provide a new electric tram service in Yangon. Phase…
New fuel port adds to terminal facilities in Thilawa to allow increase in fuel imports.
Thilawa is a deep sea port 25 kilometres from Yangon. This third facility provides two 133 metre jetties and 6 storage tanks. Two with 4 million gallons capacity and four…
“68 Residence” a luxury residential and commercial development receives approval in Yangon.
United GP Development has received approval for 68 Residence. A development project that will offer 222 residential apartments and 153 serviced apartments. The construction will be a residential tower and…
Schindler wins the contract to install elevators in the Times City development of Yangon.
The largest ever contract to-date in Myanmar to supply elevators has been won by the Swiss company Schindler. The contract is to supply and install 79 elevators and 24 escalators…