Medium-Income Housing Offered on Installment Plan in Mandalay

The Garden City Apartment Complex will break ground next week with the aim of giving medium-income people the chance to buy a unit, said project director U Zin Min Swe. Civil servants who are currently working will receive a 5 percent discount and all buyers will be linked up with banks that allow interest-free installment […]

Local airlines squeezed by expensive petrol and taxation

In Myanmar, there are 10 domestic airlines and 58 planes in total which are serving local and international passengers. Compared with the rest of ASEAN, flights are rather costly, according to local airlines and the Union of Myanmar Travel Association (UMTA). “During rainy season, only three out of 10 airlines can run. The main problem […]

Uber Myanmar hiring 1) Operation & Logistics Manager & 2) Marketing Manager

We attended the Uber Networking Event organized by AMCC that was held at BurBrit Brewery last night. More than 200 people attended the event. During the evening’s presentation  Sam Bool, the Expansion General Manager for Uber South-East Asia told us that they have just started and at the moment it is hard to find an […]

High Rates on Loans for Affordable Homes Are ‘Shutting Poorer Families Out of the Market’

The interest rates charged by banks on loans used to help low-income families purchase affordable hous­ing units are too high, the Chairman of the Myan­mar Real Estate Services Association has said. U Khin Maung Thant said that while it was a“great thing” that banks were providing loans to help people buy afford­able apartments, the rates […]

Fourth Telco Operator to be Named in Mid-2016

  The government expects to select the fourth telecommunication operator in the months of June or July, an official said. U Chit Wai, deputy permanent secretary of the Ministry of Communications and Information Technology (MCIT) and a member of the Tender Selection Committee, told Myanmar Business Today, “One of the foreign companies will be selected […]

Facebook provides cheap alternative for small businesses

Increasing numbers of small businesses in Myanmar are being drawn to Facebook and other social media sites to advertise their products and grow their customer base. The social networking site has grown in popularity over the last four years due to its interactive nature and the ability of business owners to connect with customers in […]

Myanmar promotes alternative destinations to ease strain

MYANMAR is ramping up efforts to develop new destinations within the country as well as promote travel during rainy season in a bid to make its tourism industry more sustainable. While the plans fall short of offering incentives to hoteliers and travel companies to develop destinations outside of key hubs – namely Yangon, Mandalay, Inle […]

Mazda to launch car workshop in Yangon

Japan-based Mazda motor company is planning to launch an auto workshop in Yangon this year, according to the marketing manager of Cycle & Carriage Automobile Myanmar Co Ltd. “Mazda company’s car workshop will be open within 2014. The place will be on Ywama Kyaung Road, Insein Township, Yangon,” said Thet Su Mon. The Cycle & […]