Rent for Yangon Zoo to be raised

The Yangon Regional government said it will raise rental fees for the Yangon Zoological Garden, which is run by the Htoo Group of Companies from Ks 70 million (US$ 70,000) to Ks 77 million per year. “The rental fee will be increased by 10 per cent starting April 1 of this year,” a spokesperson for […]

More high-rise projects likely in Yangon suburbs, says MCEA chairman

Yangon’s outer suburbs are likely to become the preferred locations for high-rise residential projects because of high land prices and height restrictions near historic landmarks in the downtown and nearby areas, predicts a leading member of the construction industry. Myanmar Construction Entrepreneurs’ Association chairman U Thar Htay said the areas where height restrictions applied were […]