Avoid Loss of Foreign Investments: Report

The Yangon Region Finance, Planning and Economic Committee has sent its yearly report to the regional parliament, urging for action to be taken in order to avoid the loss of foreign investments. Committee chair Daw Sandar Min said the regional government must put emphasis on issues that could affect investments and the economy. Among the […]

Hlegu Lures Speculators

​​ Speculators with their eyes on Hlegu township are turning the area into a property price hotspot, according to real estate agents. The property market in Yangon has been notoriously sluggish in recent years, but speculators are making an exception of Helgu, said Daw Thuzar May, director of Thit Sar property real estate agent. Real estate agents […]

Residents encamped along highway vow to return if evicted

Defiant residents have laid down a challenge to the Yangon Region government: If you evict us, we will return. The squatters insist they will not be driven from their homes because they have nowhere else to go. Their stance is a serious challenge to the regional government’s insistence that it will not resort to the tactics […]

Govt to Ban Timber Harvest in Pegu Yoma Mountain Range

RANGOON — In the Pegu Range, home to some of Burma’s major forests, the harvest of timber will undergo a 10-year hiatus starting in the 2017-2018 fiscal year, according to Aye Cho Thaung, deputy general manager of the country’s Forestry Department. The Pegu Range, also known as Pegu Yoma, is a series of low mountains […]

Rangoon Chief Minister: ‘Public Support Is Our Strength’

RANGOON — When Phyo Min Thein was appointed Chief Minister of Rangoon Division in late March, the 46-year-old National League for Democracy lawmaker knew he would face multiple challenges, from deteriorating infrastructure to controversial development projects to foreign investment. The two-time political prisoner—who spent a total of 15 years behind bars—said that he learned perseverance […]

New Chief Minister of Rangoon Looks to Improve Infrastructure

RANGOON — Rangoon’s new chief minister said Monday he will focus on using local and foreign investment to ramp up the development of infrastructure in Burma’s commercial capital. A lawmaker for Hlegu Township, Phyo Min Thein was appointed Chief Minister of Rangoon by the National League for Democracy (NLD) during a divisional parliament session on Monday. […]

Upgrading the Rangoon Commute: Bus Rapid Transport

RANGOON – Two young women with metal milk cans run for the Bus Rapid Transport (BRT) after hurriedly arriving at downtown Rangoon’s Lanmadaw Township station; the BRT bus had arrived minutes earlier and was pulling away from the stop. The driver gestures for them to proceed, where he waits. At peak hour, commuting to and […]

Myanmar to Work toward Higher Quality Rubber Exports

As rubber is a potential export with a high economic potential, it has been included in a list of export preferences, and will be subject to quality inspections and certification, according to an official from the Ministry of Economics and Trade. A lab has been built in Hlegu township in Yangon to test and control […]