Car brokers decry decision to close the Thiri Mingalar car sales centre

The Yangon City Development Committee (YCDC) on Thursday announced the closure of the Thiri Mingalar car sales centre in Ahlone township as it is a dangerous building, but the car brokers are criticizing the decision. It is difficult to relocate on short notice, there are many cars in the centre and they are facing parking […]

Thalun International School announces expansion

Thalun International School announced Friday its expansion with its Ahlone Campus in downtown Yangon scheduled to open on August 1, 2016 with classes starting on August 9, 2016, according to a press release July 1. The Ahlone Campus, currently at its final stages of construction, is already accepting applications and enrollments for the Academic Year […]

MIC pushes through dozens of investment approvals

The commission, which answers directly to the President’s Office, meets several times a month to approve foreign, joint-venture and local investments. According to MIC information dating back to January 2015, the average number of investments approved at each meeting is just under 10. No more than 20 projects have been approved at any previous meeting. […]

Toyo-Thai plans Bt88 bn power plant in Myanmar

TOYO-THAI CORPORATION, an integrated engineering procurement and construction contractor, is in talks to invest US$2.7 billion (Bt88 billion) in a 1,280-megawatt coal-fuelled power plant in Myanmar. The company expects to finalise the deal in the third quarter, said vice president and chief operating officer Surattana Trinratana. Yesterday saw a signing ceremony for a project loan […]