Yangon is 44th priciest city in Asia Pacific

Expatriates and locals alike are complaining about the rapid increase in the cost of living Yangon should remain an attractive work place for expatriates, if their employers base the relocation decision on ECA International’s cost of living survey. The survey, released yesterday, showed that Yangon is the 44th cheapest city in Asia Pacific and 204th […]

Getting a Reasonable Lunch (< US$5) in Yangon’s Western Restaurant

Located at the meeting point between the delicate aromatic flavours of China and Thailand and the intense fiery aromas of India, Myanmar’s cuisine reflects the diversity of the nation itself. Yangon is a cosmopolitan metropolis, home to some six million inhabitants and an ever-expanding expatriate community. Theoretically it should have a culinary scene to rival […]

Thilawa land prices still up in air after share sale

Land prices for Thilawa SEZ will be competitive with other countries’ projects in ASEAN, according to SEZ Management Committee Chair U Set Aung. Although he declined to reveal exact costs, he said that as an example it could be a couple US dollars cheaper than prices for similar Vietman industrial estates. “One thing I can […]

Yangon More Expensive Than Manhattan Sparking Boom: Real Estate

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his U.S.-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than $100 a square foot, compared with less than $75 in downtown Manhattan, according […]