Analysts Say 2016 is the Worst Year for Rangoon Construction Sector

​​ RANGOON — Rangoon’s construction market faced its hardest year in 2016, as a result of changing government policies during a market cooldown, say critical industry observers. During the best development years, 2005 to 2014, high-end condominiums and low-cost apartments sprung up around Rangoon, construction and real estate observers said. As the market neared its […]

Street vendors not satisfied with YCDC’s arrangement

Street vendors from Lanmadaw, Pabedan, Latha and Kyauktada do not have enough space to sell their wares on Strand Road, according to street vendors on Monday at a press conference. Yangon City Development Committee (YCDC) took photos of the shops to give a space to the venders to sell on Strand Road, but it was […]

Govt Hunts Down Illegal Immigrants in Yangon

The Yangon authorities will investigate Ks 5,000 (US$3.8) shops to know whether they harbour illegal immigrants today (November 28), sources say. The operation began after Yangon Minister Zaw Aye Maung for Rakhine ethnic affairs stated  that he would take action against illegal immigrants in Yangon at a regional parliamentary session. The Yangon City Development Committee […]

Rangoon to Relocate Street Vendors

RANGOON— In an effort to manage the sprawl of street vendors on downtown Rangoon’s congested roads, the city’s municipal authority has designated three locations for vendors and expects to launch them next week, a senior official said. According to U Nyi Nyi Oo, deputy head of the Yangon City Development Committee’s (YCDC) administrative department, the […]

Stall Vendors Banned on 11 Yangon Roads to Ease Traffic

Roadside stall vendors can no longer operate their businesses along 11 roads in Yangon, the Yangon City Development Committee (YCDC) said on Tuesday. Anawrahta, Bogyoke Aung San, Maha Bandoola, Pansodan, Merchant, Shwedagon Pagoda, Sule Pagoda, Latha, Lanmadaw, Bonegyi and Strand roads are all affected by the ban. “The ban is meant to reduce traffic jams […]

YCDC compiles list of street vendors

The Yangon City Development Committee began compiling lists of street vendors in four downtown townships on September 22, according to an official from the administration department. “The covered townships are Kyauktada, Pabedan, Latha and Lanmadaw. The YCDC is compiling the lists of street vendors by taking photos,” he added. According to the YCDC’s data, there […]

YCDC tackles side-street clean-up

Shacks, tips, hovels and huts are being removed from Yangon’s alleys as the city authorities extend their efforts to clean up the streets. Yangon City Development Committee says homeowners and tenants are being cooperative, but that anyone who resists could end up in prison. The clearance program, which began mid-August, is being carried out in the […]

Two river pump projects to supply clean water to Yangon

To satisfy increasing demand for water in Yangon, the Yangon City Development Committee is planning to implement water-pumping projects in the Kukkowa River and Toe River this fiscal year. The two projects will have the capacity to distribute 100 million gallons of water daily. The Kukkowa project will supply 60 million gallons daily to Hlaingthaya, […]

New real estate taxes could hurt Yangon’s poorest

Already high, apartment rents and sales prices in six downtown Yangon townships will almost certainly head further north with the adoption of the 2016 Union Taxation Law, real estate agents told The Myanmar Times. The new law, effective April 1, imposes a minimum 15 percent tax on property transactions, up from 3pc in last year’s […]

YCDC to build sewage treatment plants across Yangon

THE Yangon City Development Committee will build sewage treatment plants throughout the commercial city in cooperation with the Japan International Cooperation Agency (JICA). Daw Khin Aye Myint of YCDC said: “The current sewage treatment system in Yangon is no longer able to treat sewage water. We will build sewage treatment plants near Yangon River, Bago […]