Golden Myanmar Airlines under KMA Group will be investing USD 28.96 million to handle the import, storage and distribution of jet fuel in Myanmar, according to an article in the Myanmar times citing a government official. The airline received the approval of Myanmar the Investment Commission to operate an aviation fuel business competing with Puma Energy. Golden Myanmar Airlines will be operating in the airports of Tachileik, Kawthaung, Nyaung Oo, Heho, Sittway, Myitkyina alongside the Mandalay International Airport. However, in the Yangon Region, the company will only be undertaking work at Thilawa oil tanks and jetty area in Thanlyin-Kyauk Tan township.