Investments in low-cost housing projects are a bit huge: Yangon Chief Minister

Local entrepreneurs are not in a position to invest in the low-cost housing projects to be developed for around 150,000 squatters in Yangon as the capital investment is a bit huge, Yangon Region Chief Minister Phyo Min Thein said at Yangon Investment Forum 2018 held at the Union of Myanmar Federation of Chambers of Commerce […]

Employers Reject Workers’ Call for Higher Minimum Wage

​​ Dr Khin Maung Aye, a central executive committee member of Myanmar Garment Entrepreneurs Association, told the media that employers were only in a position to pay a daily minimum wage of between K4,000 and K4,200. He was speaking at a ceremony to present certificates at the Construction Central Training School in Thuwunna in Yangon on […]

Yangon Squatters Exceed 450,000

The number of squatters in Yangon has exceeded 450,000, chief minister Phyo Min Thein told business leaders at the Federation of Chambers of Commerce and Industry. “The squatter problem is related to the industrial zones. But some industrial zones have no squatters. There are many squatters in Hlaingtharyar Township. I will lead the committee to allocate squatters and cooperate with the union government. We previously estimated that the number of squatters would be around 400,000,” he added. Yangon sees an increasing population from across the country and industrial development. “We are working […]

Low cost housings to be implemented across the country

Low cost housings will be implemented in Yangon and Mandalay, as well as in states in need of housings, according to Ministry of Construction. At present, Yangon is in need of housings and low cost housings are implemented to match with increasing numbers of population. Moreover, the government is upgrading Pyithawthar housing project. Similarly the […]