53 companies express interest in building Yangon’s ring road

8 Jul 18
A total of 53 local and international companies/ consortiums are interested in the 47.5-kilometre elevated ring road in Yangon, the Ministry of Construction announced on July 4. On May 18 last ...

Govt to issue new licenses for commercial vehicles

8 Jul 18
The government will install a new vehicle licensing system under which a new domestic operator license will be issued to firms or individuals who own and operate vehicles for commercial purposes. ...

FMI Group to move forward after record revenue in FY2018

8 Jul 18
FIRST Myanmar Investment Group (FMI), one of the five companies listed on the Yangon Stock Exchange, says it will keep investing in four key sectors – financial services, healthcare, real estate ...

Resident foreigners will be permitted to trade on YSX

8 Jul 18
Foreigners residing in Myanmar will be permitted to buy shares on the Yangon Stock Exchange (YSX) from August 1, when the Myanmar Companies Law is scheduled to be enforced, U Thet ...

New bus stops to give Yangon much needed facelift

8 Jul 18
FMIDecaux has commenced construction of a slew of new bus stops in Yangon, U Maung Aung, secretary of the Yangon Region Transport Authority (YRTA) said this week. The first of these ...

Ministry plans to stabilise fuel oil price

8 Jul 18
In an attempt to control rising fuel oil prices, eight State-owned fuel filling stations will directly sell fuel at a fair price as of July 1, according to the Ministry of ...

Grab to retain its leadership in Myanmar market

8 Jul 18
Grab, a leading ride-hailing service provider in Southeast Asia, is making plans to continue as the market leader in Myanmar with its new offerings for passengers and driver-partners, according to Alvin ...

Anti-graft body to set up government units to curb corruption

8 Jul 18
MYANMAR’S Anti-Corruption Commission (ACC) and Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) announced on July 2 that they will join forces to tackle corruption. The two organisations ...

Shwe Than Lwin Media, NHK form television JV in Myanmar

29 Jun 18
Japan and Myanmar this week announced plans to form Dream Vision C. (DVC), will be a joint venture between Shwe Than Lwin Media Co and NHK, Japan’s national public broadcasting organisation. ...

FMI terminates investment in Yeni Industrial Town Project

29 Jun 18
First Myanmar Investment Company (FMI) yesterday announced the termination of its agreement to invest in Asia Golden Glory Development Co, the company involved in developing the Yeni Industrial Town Project. In ...