Condo law set for more debate in January

A draft Condominium Law will be re-submitted to the Pyidaungsu Hluttaw in January, a member of the lower house said last week. Amyotha Hluttaw member U Phone Myint Aung said during parliament last week that there has been disagreement between the upper and lower houses of parliament over the bill. “When the two houses rewrite […]

Foreign insurance firms to be allowed into SEZs

Foreign insurers will be allowed into Special Economic Zones in January, though the exact rules governing their operations are still being discussed, said deputy finance minister U Maung Maung Thein. Companies will be selected based on their adherence to international standards, as well as their responsibility in social affairs, and will be required to have […]

Building code adheres to international standards, deputy minister says

The Ministry of Construction is preparing to enact the draft Myanmar Building Code, Soe Tint, deputy minister for construction told the Upper House on October 1. The ministry has been working on the code since 2011 and analysing the draft since last year. It has received technical assistance from UN Habitat to ensure the code […]

Financially-strapped railway sector put out to tender

Four enterprises and lands held under the financially ailing railway industry were put out to tender in order to improve operations and cooperation with private sector involvement, according to the Ministry of Rail Transportation. Officials said tenders were sent out on April 23, and they include the taxi enterprise into Yangon Railway Station, 1.04 acres […]

Japan, Singapore firms submit proposals to upgrade Yangon Railway Station

Four companies from Japan and Singapore have submitted proposals to the Ministry of Rail Transportation to upgrade Yangon Railway Station, including the compound yard, according to the Ministry. “The proposals, including strong documents, are being reported at the national level,” said head officer Win Naung from the Ministry of Rail Transportation. “Five companies, including a […]