Lawsuits filed against former minister’s son and others for possessing drugs and weapons

Phyo Ko Ko Tint San, son of ex-Union Minister Tint Hsan, his wife and 10 others have been arrested for possessing narcotic drugs and weapons, and all have been charged in Thakayta Township, Bahan Township and Nay Pyi Taw Council Area where narcotic drugs and weapons were found, reported the Ministry of Home Affairs. Three […]

Colliers Property Report: Yangon Serviced Apartment Q2 2017

Lower-tier modern developments gaining popularity Lower tier but modern projects are gaining more traction while movements from older and poorly maintained serviced apartments are becoming more apparent. In general, housing budgets remain a key consideration among many businesses and Colliers continuous to urge developers to veer away from upscale offerings, and rather focus on more […]

Tender Notice for the Supply of Pharmaceutical Drugs, Consumables and Adverse Events Following Immunization Kits. Closing Date 27 July 2017

Subscribe to our tender alert mailing list Tender Notice for the Supply of Pharmaceutical Drugs, Consumables and Adverse Events Following Immunization (AEFI) Kits. Tenders are invited for provision of Pharmaceutical Drugs and Consumables for World Health Organization’s Emergency Relief Response in Myanmar, Interested parties/companies meeting the eligibility requirements below can contact, Tel: 95 1 534300, […]

Soilbuild Construction’s Myanmar unit awarded US$10.5m contract

SOILBUILD Construction (Myanmar) Company Limited, a subsidiary of Soilbuild Construction Group, was awarded a contract worth US$10.5 million for the construction of a 12-storey hotel building in Yangon. Located at the corner of Sayar San Road and Pyi Htaung Su Yeik Tha Street, Bahan Township, Yangon, the project is expected to commence in the third […]

Bootleggers Protest for Right to Sell DVDs

About 50 foreign DVD bootleggers gathered in Bahan township’s Bo Sein Hman field yeste The vendors opposed the recent government announcement that rules and regulations about distributing DVDs in Myanmar will be enforced. DVDs without censor stickers on them may not be sold or distributed. Those who do can be imprisoned for three years and face a […]

Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar

The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate companies in Vietnam that focuses on the development of residential and commercial real estate in many principal economic […]

Organic Farming Vs Commercial Farming in Myanmar

Myanmar needs to rethink its agricultural strategy if it wants to be a successful agricultural export nation. Past farming policy also needs to be reviewed in light of today’s challenges and tomorrow’s possibilities. In our study on organic farming in Myanmar we interviewed companies that market organic rice, organic medicine, organic fruits and organic vegetables. […]

As Flood Recedes, Vegetables Rise in Price

Transportation disruptions and difficulties caused by floods in Myanmar have reduced the flow of vegetables resulting in hike in prices, according to traders. Since the end of July, the floods in the upper regions of the country have ravaged much of the country’s infrastructure, and vegetable prices have risen. “The main factor is transportation. Flow […]

Singapore firms rush to Myanmar, a slice of good life in hand

SINGAPORE — Three years after Myanmar liberalised its economy, a second wave of Singapore companies is flocking to the rapidly-developing South-east Asian country — setting up upmarket pre-school centres, swanky bars and eateries, as well as building posh condominiums. Quaich Bar and the Whisky Store, the Les Amis Group, as well as pre-school operator Modern […]

Yangon Region government sees record budget deficit in 2015-2016 FY

Yangon Region Ministry of Finance put forward a budget report for the 2015-2016 fiscal during the meeting held in Yangon on April 2, which reported a deficit of more than Ks 120 billion. This deficit is twice the size of last year’s deficit. Yangon Region earned a total revenue of approximately Ks 404 billion in […]