Yangon’s future prompts expert call to action

There is no question development is arriving in Myanmar’s largest metropolis. The swift pace of change has already begun reshaping Yangon, and the city is teeming with more people and buildings than ever before. Urban areas are bursting at the seams from this influx, which shows few signs of slowing down. Questions swirl as to […]

Anti-smuggling teams to watch Yangon airport

The Ministry of Commerce’s mobile enforcement teams will include Yangon International Airport in their air and sea port investigations set to start on July 2, according to ministry officials. With much of Myanmar’s cross-border commerce thought to be carried out illegally, the teams will target tax evasion and promote legalised trade, which has grown to […]

Property prices skyrocket due to speculation and laundering

The most widely heard analysis is that Myanmar’s real estate and property market has been gradually rising based on two genuine factors. One is the growing demand for housing due to ever increasing population in urban areas and the other is the government’s urban expansion and development of low-cost housing projects. This generally ignores another […]