Government Lost Millions of Dollars as Large Firms Paid Rock Bottom Rents for Public Land – Report

Yangon’s govern­ment has lost bil­lions of kyat in po­tential revenue by leasing public space to local firms at rock-bottom rates, a report from the Auditor General’s Office has re­vealed. The report is based on an analysis of the Yangon City Development Com­mittee’s (YDCD) finances, which are not normally made public. Looking at the 2015- 2016 […]

MMPD to Sell 70,000 Shares

The Myanmar Motion Pictures Development Public Co Ltd (MMPD) is planning to sell 70,000 shares to private investors and individuals working in the industry, managing director of the firm U Mg Mg Oo said. The shares will be offered at K10,000 each. “More than 70,000 shares, worth over K700 million, will be sold. This is […]