Myanmar Airways International adds Hangzhou service in 3Q19

Myanmar Airways International (MAI) opens Hangzhou routes

Myanmar Airways International (MAI) has opened separate routes from Yangon and Mandalay to Hangzhou, in China’s Zhejiang Province. According to an article in the Myanmar Times, it is the latest in a long list of expanded connections between the two
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
RecyGlo wins Seedstars Yangon 2019, to represent Myanmar

Seedstars Yangon 2019 won by RecyGlo

Yangon-based recycling waste management startup RecyGlo has been named the winner of Seedstars Yangon 2019, said a report in Dealstreet Asia. The announcement came after the company, and nine other startups, presented their pitches at Seedspace Yango
South Korean car maker opens first assembly plant in Myanmar

Hyundai establishes Yangon factory

Hyundai has established a plant in Yangon and will assemble vehicles in the country for the first time. The South Korean car manufacturer’s local partner is Shwe Daehan Motorcar Assembly Co, according to a report in the Myanmar Times. The facto
Request for Expression of Interest (EOI) for Stage 2 infrastructure projects for development of the New Yangon City Phase 1

City development project announced invitation for EOI

The company behind the planned Yangon New City project has invited interested parties to submit their expressions of interest (EOI) before the end of this month, according to an article in the Myanmar Times. The New Yangon Development Co (NYDC) was l
Chinese company proposes new circular railroad for Yangon

Circular railroad in Yangon proposed by Chinese firm

Officials from the China Railway Engineering Co Ltd (CREC) have proposed the Yangon Region Government to construct a new circular railroad around the commercial capital. According to an article in the Myanmar Times, the CREC has proposed two versions