Highway bus firms count on open season

“Companies on the Nay Pyi Taw-Yangon bus lines struggle, taking on passengers though running at a loss,” he said yesterday. “Our business faces a loss for six months, and generates a profit for the other six months,” said U Myat Moe from Kyel Zin Hein highway bus company. “In rainy season we lose the profits […]

Affordable housing sold in installments

Affordable housing being built in Mandalay by the Ministry of Construction will be sold using an installment system, according to U Kyaw Kyaw Lwin, head of the Department of Human Settlement and Housing Development. Installments will be due over a four-year period, and the system is being used to make the housing more affordable, he […]

Diverted industrial land hinders development for Mandalay businesses

The Ministry of Industry is considering ways to improve access to land for businesspeople, including looking at ending speculation and housing on industrial property, said deputy industry minister U Thein Aung. The ministry is creating a list of land granted to businesspeople, aiming to find a solution to vacant lands and plots where people have […]