High hopes for business zone on China-Myanmar border

An ambitious new economic zone at Myanmar’s largest trading point with China will bring new business opportunities for the two countries, officials and residents said at the project’s soft opening in Shan State’s Muse last week. Around 80 percent of Myanmar’s formal overland trade with China passes through a border point a few miles from […]

Owners take a gamble on dangerous strategy

Residents of some of Yangon’s older buildings are resorting to potentially dangerous measures in an effort to have their dwellings declared unsafe by Yangon City Development Committee, say developers. Once the building is declared as unsafe by YCDC a developer can then redevelop the site and exploit a loophole in city planning laws to avoid […]

More Chinese Citizens Injured in Spillover From Myanmar Conflict

On May 14, several Chinese citizens were injured during a Myanmar government shelling operation against armed ethnic rebels. Radio Free Asia, citing local sources, reports that eight people in the township of Nansan were injured in the blasts. Witness reported five separate explosions in a half-hour period on the evening of May 14. One resident […]

Rocketing rental fee freaks out foreign residents

Foreign residents in Yangon are burdened by unabashedly hiking rental charges, and some head back to Bangkok at weekends to take a break, according to realtors circle. “Foreigners are freaked out of rocketing rental fees and also tired of electricity shortage,” said an official of City Land real estate agency. The government has planned to […]