Political reform causes instability in real estate market, says Lamudi report

Myanmar’s real estate market depends on the country’s political changes, according to the annual report published by online real estate marketplace Lamudi on November 29. The report highlighted five focal points – political reform, economic potential, limitation on foreign direct investment, property price changes and fraud in real estate business – that affect Myanmar real […]

Denmark Writes Off $51m Myanmar Debt

Denmark cancelled Myanmar’s debt worth $51 million last week in a string of debt cancellation from Western governments and financial institutions over the last two years, a sign of normalising relations between the West and the once-banished Southeast Asian country. During a visit to Myanmar’s capital Nay Pyi Taw, Danish Minister for Development Cooperation Rasmus […]