Building a better Condominium Law

Lack of clarity on foreign ownership, land use and building management committees in the Condominium Law are holding back growth in the property market.   By DUNCAN BURRY When the Condominium Law was enacted in early 2016, many hoped it would provide a framework that could spur development in the sector, not least by permitting […]

Sales to rise, prices to fall, say Yangon real estate agents

Real estate is likely to bounce back in 2016 after more than a year of depressed sales, while prices will fall as new supply comes online, said investors and agents. Following a relatively smooth election, the volume of transactions will be “back to normal”, they said, referring to last year when the industry was thriving. […]

Intellectual Property Group to Be Formed Ahead of Expected Law

YANGON — The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) will launch a Myanmar Intellectual Property Association ahead of the expected passage of an Intellectual Property Law by Myanmara’s Parliament, according to a UMFCCI official. Aye Lwin, joint secretary general of the UMFCCI, said at a seminar on intellectual property (IP) […]