THE NATION (THAILAND)/ANN: AS MORE people in Myanmar become aware of the benefits brought by technology, Flymya.com – the nation’s leading one-stop travel portal owned by local investment firm BOD Tech Co Ltd – is eyeing bigger growth in the years ahead, Mike Than Tun Win, the firm’s founder and chief executive, said. “It has been […]
Read MoreIt’s now a good time for retailers in Yangon to keep a look out for better premises from which to do business, given that rental rates are still manageable and ahead of anticipated demand, according to recent intelligence from property research firm Colliers. With several new and modern shopping malls scheduled to come onstream and backed […]
Read MoreKM Terminal & Logistics Ltd (KM) and Resource Group (RG) officially opened two separate dry port projects in Ywar Thar Gyi, Yangon yesterday. A dry port is an inland intermodal terminal directly connected by road or rail. Freight trains will run from Ywar Thargyi to a second dry port in Myit Nge, Mandalay, which KM […]
Read MoreMandalay is poised to become the second-largest hub for growth after Yangon, the city’s chief minister Dr Zaw Myint Maung said at the Mandalay Business Forum held over the weekend. Dr Zaw Myint Maung highlighted the region’s vast, unoccupied land, which is ripe for investments and assured investors of looser regulations that will enable them […]
Read MoreForeign banks in Myanmar are being allowed to provide commercial services, setting them on more equal footing with the local banks as the sector implements further reforms, U Soe Thein, Vice Governor of Central Bank of Myanmar (CBM), told The Myanmar Times on November 9. “Financing and lending to local businessesis is now open to all foreign […]
Read MoreLocal taxi companies say they are facing a poor business environment even with the departure of ride-hailing company Uber from Myanmar earlier this year, leaving competitor Grab to dominate the local market. Before Uber and Grab started operating in Myanmar, taxi services were largely provided by two local companies: Hello Cabs and Oway Ride. But […]
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