MDY Urban & Housing Development to sell 500 affordable

Mandalay Department of Urban and Housing Development Director-General U Aung Kyaw Lin announced that they will sell over 500 affordable, color-codedapartments within the Mya Yee Nanda housing complex starting on 10 November in Chanmyathazi Township, Mandalay. “The affordable apartments fall into four categories. The green colour is for government servants, blue for retired government civil […]

Rice federation to introduce Warehouse Financing at Apex

The Myanmar Rice Federation plans to open several warehouses for rice traders to store their product for use as collateral to receive bank loans, said its chair U Chit Khaing. The system would alleviate the need to sell rice immediately even if prices are low to pay for a sudden expense. Instead, traders will be […]