This paper represents the development of the Myanmar Named Entity Recognition (NER) system using Conditional Random Fields (CRFs). In order to develop the system, a manually annotated Named Entities (NEs) corpus - collected from Myanmar news websites and Asia Language Treebank(ALT)-Parallel-Corpus has been used. We compare the performance of the system getting syllable-based input to the one getting character-based input. We observed that training data has more impact on the performance of the system. The experimental results show that the syllable-based system performs better than the character-based system. It achieves that Precision, Recall and F1-score values of 93.62%, 91.64% and 92.62% respectively.