YCDC Fights Fake Permits at Private Construction Sites

Constructors will not be allowed to post building permits for buildings themselves anymore, and have to use YCDC-made signboards instead, according to the Yangon City Development Committee (YCDC). YCDC said illegal builders are putting up signs on their projects that claim to have the Committee’s permission, while in reality the projects are illegal and the […]

Myanmar Digital Startup NEX Gets 2nd Round Funds From Blibros

Myanmar digital startup NEX has won second round funding of US$150,000 from Singapore’s Blibros Group, the privately-held investment arm of Sweden’s Böcker family. Yes, this is the family of Magnus Böcker, CEO of the Singapore Exchange and former CEO of Nasdaq OMX Nordic. NEX got its initial angel investment of $50,000 last year from Singapore […]