Mandalay likely to hit US$600 million FDI target for 2017-18

The Mandalay region is set to achieve its US$600 million foreign direct investment (FDI) target for 2017-18. FDI in April-June has already exceeded US$582 million, which is around 90 per cent of the target, data released by the Mandalay Region Investment Committee showed. Under the new Myanmar Investment Law enacted in Oct 2016, Region and […]

Yangon needs ‘better land utilisation, city planning’

THE YANGON region government has been urged to improve land utilisation and city planning before urbanisation worsens the city’s living conditions. Kyaw Latt, an urban planning expert and senior adviser to the Yangon City Development Committee, said hundreds of acres in the city’s commercial centre remained unused. “It is a shame that we are among […]