Rosewood Capital won the tender for this project and a memorandum of understanding with the Government of Myanmar is in preparation. The development will be on Daw Na Chan Street,…
Last year The Industrial and Commercial Bank of China (ICBC) ICBC was one of nine overseas banks and the only bank from China, to apply for and receive a licence…
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…
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…
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…
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…
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,…
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…
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…
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…
