Growth potential seen in microfinance sector
With a quarter of the Myanmar population living under the poverty line and as much as 87 percent hailing from rural areas, according to the World Bank, the microfinance sector has ...
Coco Islands to have electricity by end-2020
The government plans to supply electricity to the Coco Islands, which is south of Yangon in the Bay of Bengal. Yangon Electricity Supply Corporation general manager U Tin Aung told The ...
Rent 2 Own to offer bike loans in partnership with Shwe Min Gan to boost rural mobility
Rent 2 Own Myanmar Co will partner with Shwe Min Gan Co to provide loans to customers, enabling them to buy their own motorcycles and farming machinery. Funds totaling US$5 million ...
MTSH planning a mall for Thilawa SEZ
Myanmar Thilawa SEZ Holdings (MTSH), a Yangon Stock Exchange listed real estate developer with a focus on developing Special Economic Zones (SEZ), is planning to build a mall in the Thilawa ...
Insurance, banking and electricity to see more investor interest
While the oil and gas industry has the seen the most interest from investors, banking and financial services, telecommunications and the manufacturing industries are expected to be the focus in the ...
Competition heats up on Yangon-Shanghai route
Chinese budget carrier Spring Airlines on Monday commenced scheduled operations at Terminal 1 of the Yangon International Airport (YIA). Spring Airlines will operate direct flights between Yangon and Shanghai using an ...
Myanmar, Japan revive talks on building Hanthawaddy airport
Myanmar and Japan will form a joint venture and sign an agreement next year to kickstart the long postponed Hanthawaddy International Airport project located 80km north of Yangon near Bago. Ref: ...
Bangkok Airways expresses interest in opening routes to Bagan
Bangkok Airways, a Thai regional airline, is interested in opening a direct route between Bangkok and Bagan, which has just been accorded the World Heritage Site status by UNESCO. Ref: https://www.mmtimes.com/news/bangkok-airways-expresses-interest-opening-routes-bagan.html
Bagan named UNESCO World Heritage Site
Bagan has been named as a UNESCO World Heritage Site, a quarter of a century after the ancient capital was first nominated. The recognition by the UN’s cultural body will serve ...
Feasibility study needed for Sal Eain Tan beach, says minister
A feasibility study will be made before any investment into the tourism infrastructure of Sal Eain Tan beach two hours south of Yangon. The beach, in Kungyankon Township, and located near ...