HAGL Myanmar introduces Myanmar Centre Business Suites ( Serviced Offices)

HAGL Myanmar has entered the leading serviced office market with the launch of its Myanmar Centre Business Suites in Yangon on 14th July, Friday 2017 at Myanmar Centre Office Tower. Strategically located on Kabar Aye Pagoda Road, in the heart of Yangon City, Myanmar Centre Business Suites is easily accessible and maintains an optimum distance […]

Rangoon Drafting Master Plan for Controversial Projects in Mya Kyun Tha

RANGOON — City officials are now drafting a master plan for multiple suspended construction projects on the site of a public garden occupying a peninsula in Rangoon’s Inya Lake. Four companies—Magic Land (which leased 13.864 acres), Nayla Pwint (2.686 acres), Ryu Ji (1.377 acres) and Mandalay Golden Wing (1.83 acres)—had been constructing projects of up […]

No Profits or Share Dividends for YBPC Yet

​​ YANGON Bus Public Company (YBPC) has not received any profits after running for a year and hence the firm cannot pay dividends to its shareholders, according to Yangon Bus Public Company chair U Maung Aung. The YBPC was registered under the Ministry of National Planning and Economic Development and has been permitted to operate […]

BRT Lite Share Sales Re-start

Yangon Public Bus Company – operator of the new Bus Rapid Transit (BRT) Lite bus routes – has started a second round of shares sales, while the government has extended the application deadline for firms interested in rolling out the BRT system city-wide. The government set up Yangon Public Bus Company last year, using a […]

Construction Projects by Rangoon’s Inya Lake Suspended

RANGOON — Multiple construction projects on the site of a public garden occupying a peninsula in Rangoon’s Inya Lake were suspended on Monday by city officials, and will undergo an investigation. The projects have faced criticism from the public, the media and urban planners, for misusing public space intended for general recreation, and have faced scrutiny […]

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 […]

New location for cancelled Shwedagon project

  The Myanmar Investment Commission has given Marga Landmark approval to build its mixed-use project on a new site, after the president called off the Hong Kong-based developer’s project last year, deeming the initial location too close to Shwedagon Pagoda. The project will now be built on 17.7 acres at the corner of Kabar Aye […]

Long-awaited Yangon BRT system opens

Dr Maung Aung, chairperson of the Yangon Bus Line Public Company, said: “Currently, we cannot focus on huge profits. For the sustainable development of the BRT system, we have to run it as a public company. We worry that it would collapse in a short period of time, like the road transport department, if the […]

BASF opens representative office in Yangon

BASF, the world’s leading chemical company, has opened a representative office in Yangon, according to a media release from the company on 21 September. Located at the Sedona Hotel building along Kabar Aye Pagoda Road, BASF’s first office in Myanmar has been established to support its growing base of local customers and cater to an […]

Six companies enter competition to import new Yangon buses

Six companies have applied for a tender to import buses for a new Bus Rapid Transit (BRT) system in Yangon. The tender was open to local and international companies, which proposed importing buses from China and Korea as well as from Swedish group Scania. The buses will be used for a new “BRT Lite” system, […]