Japan grants major infrastructure loans
One week after China signed a batch of new trade deals with Myanmar, Japan announced that it will provide Myanmar USD 1.1 billion in loans to fund four major infrastructure projects. The agreement, signed by Japanese ambassador to Myanmar Ichiro Maru
Mandalay to upgrade street lights and signs
The streets of Mandalay will soon be alight with thousands of new lights, and marked with new signs, city officials said. U Zaw Win, of the Mandalay City Development Committee (MCDC), said the city will install around 10,000 new street lights, which
Shareholders seek to dump largest bus operator
Investors in Yangon’s largest public bus company want the government to buy back their shares. Around 200 investors in the Yangon Urban Public Transportation Company (YUPT) have called on the Yangon Region Government to acquire their shares, di
Yangon to bring back paid parking
Yangon ended fees for car parking in 2014, but the Yangon City Development Committee (YCDC) will soon bring them back. YCDC announced a plan to build “smart car parks” around the city that will offer paid parking. The new car parks will c
Thailand to set guidelines for link with Myanmar
The Thai government is mulling the guidelines and standards for the vital infrastructure that will link the country with Myanmar’s Dawei Special Economic Zone. Thailand’s National Economic and Social Development Council (NESDC) has reques
