New anti-corruption law targets crooked politicians, government officials

NAY PYI TAW—If officials in the current government are deemed to be corrupt, action can be taken against them by the next government in accordance with provisions of the new anti-corruption law, legal analysts say. The anti-corruption law was enacted by the Union Assembly parliament on August 7 this year and took effect on September […]

Japan and China buy land plots under Myanmar citizens’ ownership

YANGON—Japan and China have been using Myanmar citizen ownership to close recent purchases of high-rent land plots in the Thilawa Special Economic Zone, real estate agency sources say. “Currently, Chinese are buying buildings in the Shwe Pyi Thar industrial zone, doing business with local businessmen as usual. After the government fixed land prices based on […]