Thirty development projects in pipeline in Mandalay through fiscal 2020-21

The regional Minister for Planning and Finance, U Myat Thu told the second session of the regional Hluttaw that the development projects will be implemented in two ways; some will be carried out with loans and some will be carried out with financial support. Nineteen of the projects will be carried out with the help […]

5th Yangon Property Exhibition – Over $11 million USD worth of properties sold

The 5th Yangon Property Exhibition, organised by leading property website iMyanmarHouse.com, took place over 19th-21st May 2017. The event brought together over 50 property developers and real estate companies hoping to sell their wares to over 12,000 eager attendees. More than 120 new development projects were showcased at the exhibition, ranging from high-end condos to […]

Myanmar receives largest aids from Japan and US

The largest portion of international aids which Myanmar has received since Thein Sein’s government took office in 2011 came from Japan and the United States, according to a report from Ministry of National Planning and Economic Development. The combined aid funds from the two countries amounted to over US$460 million, said the report. Since the […]

Japan’s development loan to be spent on infrastructure and economic zone

Japan will lend over US$ 900 million for development projects this fiscal year to be spent on renovation and basic infrastructure in Yangon, as well as the Thilawa Special Economic Zone, according to an official from Japan International Cooperation Agency (JICA). Official Development Assistance (ODA) loans are long-term low interest rate loans advanced to developing […]