MIC flags Yangon condo built without approval

The Myanmar Investment Commission has accused a local developer of building a condominium in Yangon with a foreign partner without approval, while the developer says it does not need approval as the investment is entirely local. Foreign investments and local-foreign joint ventures must all be approved by the MIC, while local investments can go ahead […]

JICA Claims Project Significantly Cuts Yangon Traffic

A private partnership project, aimed at promoting Japanese small and medium enterprises’ business expansion to overseas, has significantly reduced traffic congestion at the notorious Chawdwingone intersection in Yangon, the Japan International Cooperation Agency (JICA) said. Japanese firm Wako Industries Co Ltd made the final report late last month to Yangon City Development Committee (YCDC) on […]

Myanmar’s advertising industry running catch up

As international brands storm the market and local companies realize the need to step up their game for consumers now faced with more choices than ever before, there has been an explosion in the advertising and marketing sector in Myanmar. Media has opened up and digital marketing is becoming a very near reality, making the […]