Korean Air suspends flights to Yangon
Korean Air has halted flights from Incheon (Seoul) to Yangon until at least April 25th amid the outbreak of COVID-19. The March 3rd announcement from South Korea’s largest airline, stated simply: “Due to the novel coronavirus (COVID-19) o
Malaysian company announces USD 750 million development in Yangon
A major Malaysian developer has announced plans to build a roughly USD 750 million mixed-use project in Yangon. Malaysian conglomerate Berjaya Land Berhad, or BLand, operating in Myanmar as BDS Smart City Co. Ltd, signed a lease for 74 hectares in Da
Thai developer to build USD 1 billion complex in Yangon
Thai developer Amata Corp. has announced plans to invest USD 1 billion in an industrial complex in Yangon. Amata recently signed a land lease agreement and joint venture agreement with the Myanmar Ministry of Construction in the country’s capit
EUR 50 million waste-to-energy project green-lit
Parliament has approved a Polish-funded waste-to-energy project for a Yangon landfill. The EUR 50 million project will convert 1000 tons of daily waste (around 60 percent of Yangon’s total daily household waste) into fuels and chemicals for useConstruction on Yangon elevated expressway project to start in 6 months
U Kyi Zaw Myint, deputy director of the Bridge Management Department under the Ministry of Construction, announced that the government will announce the winner of the much anticipated project of the Yangon Elevated Expressway in April this year with
