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Mandalay city to seize low-cost apartments flipped by owners

The Mandalay City Development Authority will seize apartments that have been resold and re-rented in low-cost housing buildings for squatters, a senior city official has said. U Kyaw San Myint, a member of the authority, said his office is compiling a list of people occupying the buildings on Strand Road west of Mandalay city. City […]

Business Opportunity: Myanmar e-lottery may be opened to foreign investment

Subscribe to our tender alert mailing list Myanmar government seeks to increase tax revenue collected via lottery. Myanmar have recently submitted a new lottery bill to parliament. The bill was submitted by the country’s Ministry of Planning and Finance as it seeks to oversee the operations of the state-owned Aungbarlay Lottery. The government has also […]

Market vendors protest lottery for new stalls

Stallholders in the old Thiri Yadanar Sanpya Market in Mandalay Region’s Pyin Oo Lwin township say they are prepared to demonstrate against a plan that would deny many of them places in the new market – unless they win a lottery. Of the more than 400 retailers doing business in the temporary market, only 220 […]