YANGON: On the western bank of the muddy Hlaing River, development and prosperity is a distant view. It can be seen across the expanse of water in the rising apartment blocks, office buildings and grinding industry. Over there is Yangon proper, a city of some six million people and the economic hub of Myanmar. Over […]
Speculative Yangon City Mega-Project Draws ‘White Elephant’ Concerns for Myanmar
Phyo Min Thein and the business of government
The Yangon chief minister’s business ventures, including low-cost housing and Yangon Petrol, were the main talking points from a marathon press briefing on June 5. By YE MON | FRONTIER If there has been one defining feature of U Phyo Min Thein’s tenure as Yangon Region chief minister, it is his eagerness to get involved […]
Yangon chief minister calls for auto production efforts for global market
Myanmar must make efforts to manufacture a whole car and penetrate the international market, said Yangon Region chief minister Phyo Min Thein at the first international automobile show held in the Inya Lake Hotel compound on February 23. He laid out the government’s preparations for facilitating car imports as well as giving opportunities for domestic […]
Kovind launches mobile app for farmers in Myanmar
President Ram Nath Kovind on Wednesday launched a mobile app developed for farmers in Myanmar and dedicated a centre and a bio park to promote agriculture research and education to the people here. Kovind is in Myanmar on a two-city visit to continue India’s high level bilateral engagements under the rubric of the ‘Act East […]
Yangon CM says region economy run by over 30,000 MSME businessmen
Yangon Region Chief Minister Phyo Min Thein said that there were over 30,000 businesses of Micro, Small, Medium Enterprises (MSMEs) registered as business entities in the Yangon Region and they run the region’s economy. “We compiled the list of these businesses by using digital technology. Over 30,000 businesses are registered in the region and our […]
Myanmar hires China Communications to survey bold new city
Myanmar’s plans to build a city twice the size of Singapore took a step forward this week with the signing of a framework agreement with China Communications Construction Company (CCCC) to conduct preconstruction surveys as a prelude to the $1.5bn first phase of the scheme. It may not be CCCC, a huge state-owned company, who […]