Despite Myanmar’s softer-than-expected growth, there are still fairly visible developments compared to the years before 2010. A rise in the number of shopping malls is a striking testimony to the recent economic changes of Yangon. This trend has intensified since 2012, when plush shopping malls started reaching beyond downtown into other areas of the city. […]
Food Delivery Business in Yangon – is it Viable?
June 9, 2015 by
Now that the monsoon season has started in Yangon it might be easier to eat-in during lunch or dinner time. Unfortunately, for Yangonites that are trying to avoid getting drenched during the wet season, few restaurants offer delivery and there are little to no choice when it comes to food delivery services that are of […]
YCDC to Ban Street Vendors from September
July 23, 2014 by
The Yangon City Development Committee (YCDC) has announced that beginning in September street vendors will be banned in 33 townships that make up YCDC’s territory. Currently, street vendors are allowed to setup stalls on the pavement between the hours of 3-9 pm. YCDC said street vendors and stalls are causing disruptions to passing pedestrians, contributing […]
Govt Measures Fail to Cool Yangon’s Overheated Property Market: Experts
September 7, 2013 by
Property prices in Rangoon continue to soar and government measures to cool down the real estate market in Burma’s biggest city are failing to make an impact, according to property agents and economists. They said the government should revise its property tax policies in order to stop further price rises. Currently, real estate buyers can […]
China’s Huawei market leader in mobile handset in Myanmar
June 22, 2013 by
Chinese telecom companies are enthusiastic about Myanmar’s efforts to boost its underdeveloped telecom market, said a high-level manager at the Myanmar branch of a top Chinese telecom company. “The inflow of top telecom operators from all over the world creates a brilliant opportunity to upgrade the country’s telecom sector,” said Ren Geng, managing director of […]
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