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Suu Kyi’s man in Yangon under fire over transit deal with China

Aung San Suu Kyi’s first major infrastructure project could hardly be more visible – hundreds of new yellow buses now plying the streets of Yangon in what her ruling party hopes will be a potent symbol of how it is transforming peoples’ lives. But two deals to import 2,000 buses from China estimated at more […]

Yangon govt ‘invests’ Ks70bn in YBS

Yangon Bus Public Company Ltd (YBPC) has deposited Ks70 billion at the Ayeyarwady Bank for the Yangon Bus Service (YBS), according to Myint Thaung, the regional minister for planning and finance. Replying to the question raised by Sandar Min, an MP representing Seikgyi Khanaungto constituency no.1, about investment, profit-sharing and the business plan for the […]

507 Eateries Fined for Failing to Give Tax Stamps

A total of 507 restaurants in Yangon Region were fined for failing to stick tax stamps on the receipts in the fiscal year 2016-17. Myint Thaung, the Yangon minister for finance, told the regional parliament on April 24 in reply to the question about the state of taxation from MP Kyaw Kyaw Htun of Hlaing […]

Yangon Blackouts Announced

​​ Yangon will be on power rotation plan until April 2 as supplies from the Yadanar natural gas pipeline will be temporarily stopped, according to Yangon Electricity Supply Board. It said Yangon residents may face temporary blackouts as natural gas turbines would not have a supply. Yangon Region uses about 45 per cent of total […]

Yangon Government Submits Economic Plan to Parliament

​​ An economic plan for 2017-2018, which aims to increase Gross Domestic Product by 8.5% was submitted to the Yangon Region Government by the Minister of Planning and Finance, Myint Thaung. The minister explained that the draft of the plan was designed to match the budget of the Yangon Region. It was drafted together by […]

Yangon new bus system gets moving

The residents of Myanmar’s main commercial city are slowly adjusting to the new transport system, introduced nearly a month ago by the region’s chief minister. “It was chaos to begin with, but now we’re getting used to it,” office worker Mi Mi Chan told Asia Focus as she waited to catch her bus to work […]

Yangon minister vows to tackle power cuts, traffic jams and squatting

Yangon’s new regional government will make tackling the city’s regular power shortages its top priority, the region’s minister for planning and finance has said. Myint Thaung put debilitating power cuts at the top of a list of three major challenges facing Myanmar’s commercial hub, with increasingly gridlocked traffic and squatting being the second and third […]

Government to disclose full details on tender projects

Subscribe to our tender alert mailing list According to Yangon Region Planning and Finance Minister Myint Thaung, the details of future tender projects between the government and private companies will be fully disclosed to the public. He said this in response to a question posed by Yangon Region MP Aung Naing Htun of Thanlyin Constituency […]