Government will have to fund in upgrading Kawthaung airport in Tanintharyi Region if there is no private investor interested to invest after Golden Myanmar Airlines Government will have to fund in upgrading Kawthaung airport

Kawthaung airport upgrade may be government financed

The government may need to finance upgrades at Kawthaung Airport in Tanintharyi Region, due to a lack of interest from private investors. According to an article in the Myanmar Times, the Department of Civil Aviation (DCA) deputy director-general U Y
Electricity prices to rise in July for the first time in five years

Electricity price hike announced by Government

Myanmar’s government has announced a significant increase in electricity prices from July, the first the country has seen since 2014. According to reports, the price hike will help reduce electricity subsidies that have reached MMK 630 billion in t
Myanmar to export recycled plastic pellets to China

Recycled plastic pellets to be exported

Myanmar is expected to soon begin exporting recycled plastic pellets to China under a new agreement, according to a Myanmar Times article. U Soe Min, acting chair of the Recycling Subcommittee, part of the Myanmar Plastic Entrepreneurs Association, s
Yangon Govt Drops $10 Million Spending Proposals

Yangon Regional government withdraws project spending

The Yangon Region Government has withdrawn plans to spend about MMK 16 billion (USD 10.45 million) on construction projects and the purchase of a ferry. It will instead spend the money on development projects, according to an article in The Irrawaddy
Myanmar to Grant Visa-On-Arrival for Six More Countries

Visa-on-Arrivals to be granted to six countries

The Ministry of Hotels and Tourism has announced that it will issue Visas-on-Arrivals to travelers from a further six countries to boost the tourism industry. An article in The Irrawaddy said that the ministry is currently awaiting approval from the
Chief minister vows to block foreign fuel retailers, expand Yangon Petrol

Yangon chief minister vows to block foreign fuel firms

Yangon Region Chief Minister U Phyo Min Thein has said that foreign companies will be prevented from operating fuel stations in Yangon. The reason is because their practices are “not compatible with our business culture,” according to an article