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Mitsubishi Estate to build Myanmar’s ‘Marunouchi’
Tokyo- Major real estate firm Mitsubishi Estate Co. is planning to start a roughly 50 billion yen (about $438,616,000) redevelopment project featuring office buildings, apartments and hotels in what...
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Redlink hits back over spectrum auction concerns
While international mobile operators Telenor and Ooredoo have criticised an upcoming spectrum auction for potentially coming ahead of finalised industry guidelines, a major local player has fired...
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USDP’s Five-Year Term Sees $23b in FDI: Investment Official
RANGOON — A total of US$23 billion in foreign direct investment has been pledged over the five-year term of the Union Solidarity and Development Party (USDP) government ending in less than a month’s...
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Myanmar admits more foreign banks ahead of NLD accession
BANGKOK — Myanmar has given preliminary operating licenses to four more foreign banks, following the government’s decision in late 2014 to grant licenses to an initial nine foreign banks. The move —...
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Yangon’s real estate challenge
After a pause while investors awaited the outcome of elections, the property market in Myanmar’s biggest city is picking up again, but some sectors will do better than others. Myanmar has experienced...
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Open The Door To Trade
US Business Community Ask Obama Government to Ease Myanmar Sanction TO improve ties between Myanmar and the USA the American Chamber of Commerce Myanmar, the National Foreign Trade Council, the...
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Clash complicates 2600MHz auction
A spectrum auction scheduled for the end of March may not come off as outlined in initial plans, as the communications ministry is still weighing commentary from the telecoms industry. At the...
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Entrance fees bypass Bagan temples
Where does the money from Bagan entrance fees go? Well, now we know – and just 2 percent is being put toward preserving the ancient city’s monuments. This has prompted observers to call for more of...
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YCDC aims to ease Ygn traffic jams by 30 per cent over six months
The Yangon City Development Committee (YCDC) is planning to ease traffic jams in Yangon within six months and will install modernised traffic lights in 154 places, according to the Roads and Bridges...
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Aung san suu kyis party rebuts fake Myanmar president release
YANGON (AFP) – Aung San Suu Kyi’s pro-democracy party on Monday (March 7) denounced as “fake” a widely circulated letter purporting to reveal its choice of proxy Myanmar president, as speculation over...
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yangon-opens-new-air-terminal
ANGON, 8 March 2016: A new international terminal at Yangon airport is scheduled to open this week to relieve passenger congestion at the country’s main international gateway. Myanmar Times said the...
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Japanese civil engineering group draws design for New Yangon City Project
A group of Japanese civil engineers is drawing up the design for the New Yangon City Project, which will take 10 to 15 years to complete, according to Khin Maung Thant, director of the Yangon...
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Myanmar no longer the “sick man” of ASEAN – the honour now goes to…’
A sideshow that went unnoticed during the recent United States-Asean summit in southern California was Thailand’s standing in the pecking order of leaders on both sides of the Pacific. In years past,...
View ArticleYangon Railway Station Complex Project to launch in May 2017
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View ArticleInvitation to apply for Financial Advisory Consultant specializing in company...
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Yangon water supplies to outlast hot season, says YCDC
Yangon has nothing to fear from El Niño, city officials say, despite warnings that the weather phenomenon will bring drought to many parts of the country. Thanks to advance planning, the reservoirs...
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YCDC opens complaints section
Any complaints? Yangon City Development Committee has opened up a special department for you. As of March 4, any of Yangon’s 5.21 million citizens can come to City Hall to pick a bone with the...
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Thailand tops tourist arrivals via Yangon International Airport
The largest number of foreign tourists arriving in Yangon International Airport in 2015 came from Thailand, sources from the Ministry of Transport said. About 2 million tourists visited Myanmar via...
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Korean Investment in Burma Likely to Increase
RANGOON — After a delegation from the well-known South Korean Daewoo Group of Companies met with Burma’s outgoing president on Tuesday, there is speculation that the country plans to increase...
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Uncertain Political Landscape Causes Further Instability to Kyat
RANGOON — An already-unstable exchange rate dropped again this week in the local market due to less demand, a change observers attributed to uncertainty ahead of Burma’s presidential nominations in...
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