Avis Myanmar plans to continue the investment by tripling the size of Avis Fleet in 2021 with estimated investment values around USD 4 million since it is optimistic about the prospect of the country after this challenging pandemic. The pandemic Covid-19 profoundly changed the global political and economic arena. With...
In collaboration with MCI, a local advertising technology company, Grab Myanmar, a leading high-tech ride-hailing service in Southeast Asia and Myanmar has announced the launch of  GrabAds, a digital display advertising service, which enables private companies and corporations to place advertisements on Grab Taxis. The service will launch in...
Part 1 of the Yangon Elevated Expressway project is estimated to cost $800 million, according to U Han Zaw, Union Minister of the Ministry of Construction, at the meeting by Steering Committee on Implementation of Yangon Elevated Expressway and Outer Ring Road. The meeting was held to discuss the...
Britain-based Global Agriculture Joint Venture Co. will invest $115 million in establishing the private teak plantation and producing teak, according to the Directorate of Investment and Company Administration. The company will invest in establishing teak plantations and produce teak in Okkan Forest Reserve number 38, 39, 40, and 41 in...
No.2 Mining Enterprise, a government body under the Ministry of Natural Resources and Environmental Conservation, has denied the request by the Yangon Region Gold Entrepreneurs Association to export/import gold at a large scale. Both Yangon and Mandalay Gold Entrepreneurs Association, aiming to tackle the gold black market in border areas...
The Kanpetlet Township Hotel and Tourism Department said that it is working to launch the trekking trip to Khaw-nu-soum Mount as a tourist destination. At the moment, travelers can drive to a location ten miles away from the foot of the mount from either Kanpetlet Route or Mindat Route from...
Civil Aviation Department has announced that the domestic flight ban, which ended on November 15, has extended until November 30 amid rising COVID-19 cases in the country  Myanmar has imposed the restrictions on domestic air travel since September 11 after locally transmitted COVID-19 cases soared starting from late August.  The country...
Daw Aung San Suu Kyi, the State Counsellor of Myanmar, has pledged that no one will be left out from K40,000 assistance, the fourth batch of government financial assistance. “We will never knowingly leave anyone . If someone does not get the assistance, we will provide him or her. Therefore,...
The first underpass in Myanmar, being built on Pyay Road in Kamayut Township, will be completed by the end of January 2021 as the construction process of the underpass is 85 percent complete with one entrance elevator on the side of Junction Square is under construction while others are...
Myanmar has exported three varieties of avocados to Britain for the first time in the second week of November, according to Myanmar Fruits, Flowers and Vegetables Producers, and Exporters Association.  The three avocado varieties are Amara Variety (local variety), Hass, and Buccaneer.  The avocados from Myanmar are shipped to wholesalers in...