Talks between AirAsia Group Bhd and a partner to open an airline in Burma have stopped, the group’s chief executive told reporters on Tuesday.
Category: Archives
As Burma’s economy rebounds, sanctions risk gives some investors pause: IMF
Aung San Suu Kyi’s government is opening the economy and growth is rebounding in Burma, though the possibility of broader Western sanctions over the Rohingya crisis is nevertheless giving some foreign…
Govt adviser calls for ban on overland Chinese visitors
We need to control those coming to Myanmar, and make sure they follow the rules.”
Uber sells Southeast Asia business to Grab after costly battle
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said on Monday, marking the US company’s second retreat from…
AirAsia in talks to set up airline in Burma
Tony Fernandes’ AirAsia Bhd is in talks with a potential partner to open an airline serving Burma, in a move that would help the low-cost carrier cover up to 95…
Consortium chosen to turn Yangon’s main railway station into modern transport hub
Myanma Railways has selected a consortium led by Singapore-based Oxley Holdings to carry out a $2.5 billion redevelopment of the Yangon Central Railway Station. The project is expected to turn…