|Pakistan International Airlines says the Myanmar airspace bill applies to charter flights it ran to Saudi Arabia for the Haj in 2012. A PIA Airbus A310 airplane at Frankfurt airport, Germany, July 26, 2013. Photo: Mauritz Antin/EPA|
Pakistan International Airlines, the nation’s flag carrier airline, has been issued a threat by the Myanmar Aviation Authority to block it from using Myanmar airspace over its non-payment of 52,000 euros, (US$ 60,500/K60.5millon) according to the Business Recorder on January 16.
|A staffer of the Asia Green Development Bank displays a debit card in front of ATM machine during the opening ceremony of the Myanmar Payment Union Data Center at the Central Bank of Myanmar, in Yangon, Myanmar, 14 September 2012. Photo: Lynn Bo Bo/EPA|
Japanese payment brand and leading credit card issuer and acquirer in Japan; JCB, announced on January 14 that it expects within the year to launch the issuing of a co-branded dedit card with the Myanmar Payment Union.
Myanmar has once again topped the MasterCard consumer confidence index for Asia Pacific, while confidence for the region as a whole has fallen from the ten year high registered in the first half of 2014.
|The Imphal-Mandalay bus service will help improve communications between northeast India and central Myanmar. The Indo-Myanmar Friendship Gate on November 29, 2014. Photo: Hong Sar/Mizzima|
Efforts to open up travel and trade between India and Myanmar have moved up a notch as a joint team of Myanmar and Indian officials met in Imphal, India to commence a survey for the proposed Imphal-Mandalay passenger bus service, according to The Sangai Express, January 11.
Myanmar’s state-owned airline, Myanma Airways, will undergo a sweeping half a billion-dollar overhaul as the carrier looks to upgrade its domestic service and eyes expansion to international destinations.
The new India-Myanmar shipping container service transporting produce between Myanmar and India will need time to get off the ground, according to the secretary of Myanmar Pulses, Beans and Sesame Seeds Merchants Association.