Zaykabar chair: Suu Kyi is ‘like a sister’

Real estate tycoon U Khin Shwe discusses his close friendship with Daw Aung San Suu Kyi, land confiscations associated with his company Zaykabar and his reputation as a crony of the former military regime, in an interview with The Myanmar Times. I understand that you have a close relationship with Daw Aung San Suu Kyi. […]

Low-cost housing project in Yangon struggles to secure water supply

Supplying water to the estimated 100,000 residents of a new housing development in Yangon could put supplies to the rest of the city at risk, the government has warned. Next year, the first 6000 of the 19,600 apartments now being built in the Ayeyarwun and Yadanar housing developments in Dagon Seikkan township will be offered […]

YCDC outlaws extensions to public housing

Residents at Yangon’s affordable housing projects will be punished if they attempt to enlarge their apartments by building extensions. Anyone found adding an annex to housing built by Yangon City Development Committee (YDCD) will be prosecuted, said U Than Htay, head of the Department of Engineering (Building). “We have noticed that many lean-tos have been […]

Yangon auditor-general two years behind on government accounts

Two members of the Yangon Region parliament – an MP from the Union Solidarity and Development Party and one independent – are calling for the release of audits into regional government spending for the past two years. So far MPs say they have only received audited reports for spending in 2012-13 – the fiscal year […]

Mitsubishi helping Myanmar fix waterworks in privatization bet

YANGON — Feeling confident that Myanmar will eventually privatize its water sector, Japanese trading house Mitsubishi corp. is helping local governments there improve their water infrastructure and management. The water services market there is a potentially lucrative one, and the company is hoping its investment now will give it a leg up on rivals once […]