YANGON – A group of displaced squatters in Yangon’s Hlegu Township have opened a fraud case against a 27-member Aung Yadana village development committee that sold them land already owned by the government, one complainant told The Irrawaddy on Monday. Police deputy Maj Maung Maung Oo of Hlegu police station confirmed that the case was […]
MCEA to Start Affordable Housing Construction
June 21, 2017 by
The Myanmar Construction Entrepreneur Association (MCEA), in cooperation with the government, will start building affordable housing units for low-income earners within this year, a senior association official from the organisation said. “The government and the MCEA will start constructing affordable housings – namely public housings and rental housings – within this year. “The government will […]
Yangon Authorities Demolish 4,000 Squatter Huts
June 15, 2017 by
Authorities launched a large squatter removal operation on June 12 using a 1,500 hired workers to demolish around 4,000 squatter huts in Hlegu Township, Yangon Region. The squatter hut village stretched for five miles along and the Yangon-Mandalay Expressway. Yu Khaing, the regional director of the Department of Urban and Housing Development under the Ministry […]
Invitation for Open Tender for Construction of Highway. Closing Date 7 Aug 2017
June 13, 2017 by
Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. 1. Open tender applying prequalification method is invited by Department of Highways, Ministry of Construction, Naypyitaw, the Republic of the Union of Myanmar for up grading DaikU — Sittaung Road with the part of proceeds of the Regional […]
Sales of apartments booming thanks to instalment payments
June 13, 2017 by
Instalment housing under K30 million are experiencing strong sales within the real estate market, according to U Yan Aung, general manager of Asia Construction. “Within the market, sales of instalment housing in the lower price range, ranging from around K10 million, are booming. The majority of the people are purchasing normal apartment units with an […]
Government Renews Pledge to Reclaim Industrial Land From Speculators
May 25, 2017 by
The government has repeated its pledge to scrutinise plots of land in industrial zones that have been left inactive, and will take action against those they believe are holding onto land in order to sell it on when prices increase, a minister has said. Col Tin Aung Tun, the Yangon Minister for Regional Security, said […]
Yangon MP targets corruption
April 27, 2017 by
Government staff in Yangon Region are involved in the misuse of public finances, according to regional MP Than Naing Oo, representing Pabedan constituency no.1. “Some irregularities in the use of the union budget for 2015-16 fiscal year were found at the Home Affairs Ministry, Fire Service Department, dam and water management department, Ministry of Agriculture, […]
Fiscal Year 2017-18: a New Dawn for Economic Policies
March 29, 2017 by
The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. A developing […]
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