Bootleggers Protest for Right to Sell DVDs

About 50 foreign DVD bootleggers gathered in Bahan township’s Bo Sein Hman field yeste The vendors opposed the recent government announcement that rules and regulations about distributing DVDs in Myanmar will be enforced. DVDs without censor stickers on them may not be sold or distributed. Those who do can be imprisoned for three years and face a […]

Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar

The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate companies in Vietnam that focuses on the development of residential and commercial real estate in many principal economic […]

Organic Farming Vs Commercial Farming in Myanmar

Myanmar needs to rethink its agricultural strategy if it wants to be a successful agricultural export nation. Past farming policy also needs to be reviewed in light of today’s challenges and tomorrow’s possibilities. In our study on organic farming in Myanmar we interviewed companies that market organic rice, organic medicine, organic fruits and organic vegetables. […]

As Flood Recedes, Vegetables Rise in Price

Transportation disruptions and difficulties caused by floods in Myanmar have reduced the flow of vegetables resulting in hike in prices, according to traders. Since the end of July, the floods in the upper regions of the country have ravaged much of the country’s infrastructure, and vegetable prices have risen. “The main factor is transportation. Flow […]

Singapore firms rush to Myanmar, a slice of good life in hand

SINGAPORE — Three years after Myanmar liberalised its economy, a second wave of Singapore companies is flocking to the rapidly-developing South-east Asian country — setting up upmarket pre-school centres, swanky bars and eateries, as well as building posh condominiums. Quaich Bar and the Whisky Store, the Les Amis Group, as well as pre-school operator Modern […]

Yangon Region government sees record budget deficit in 2015-2016 FY

Yangon Region Ministry of Finance put forward a budget report for the 2015-2016 fiscal during the meeting held in Yangon on April 2, which reported a deficit of more than Ks 120 billion. This deficit is twice the size of last year’s deficit. Yangon Region earned a total revenue of approximately Ks 404 billion in […]

Yangon auditor-general two years behind on government accounts

Two members of the Yangon Region parliament – an MP from the Union Solidarity and Development Party and one independent – are calling for the release of audits into regional government spending for the past two years. So far MPs say they have only received audited reports for spending in 2012-13 – the fiscal year […]

Modern Monterssori International on fast-track expansion path

MODERN Montessori International Group (MMI) is starting to reap the rewards of the groundwork they laid out in the last few years. On Monday, the preschool education provider marked a significant milestone with the official opening of its first preschool in Myanmar. Fast forward to September this year and MMI expects its first school in […]

Yangon New City forgotten by most but residents still hopeful

The area of the once and possibly future Yangon New City project has been irrevocably changed following its announcement by Yangon mayor U Hla Myint last September 22. His surprise statement in regional parliament that Yangon would build a multi-billion dollar expansion on 30,000 acres across the Hlaing River from the main city initially set […]

Singapore-Myanmar joint venture Modern Montessori International Group starts Yangon pre-school

A JOINT venture between Singapore and Myanmar has made an early entrance into the latter’s pre-school education market. The company has opened a $500,000 Modern Montessori International (MMI) Group centre in the nation’s largest city Yangon, in the affluent Bahan township. The pre-school was officially opened yesterday. It will be managed by MMI’s local franchisee, […]