Construction sector to submit draft Apartment Law to parliament

The Myanmar Licensed Contractor Association (MLCA) has drafted a proposed Apartment Law to address a regulatory gap in the property sector. Its aim is to generate more demand and create a market for apartments in Myanmar. The MLCA’s Apartment Law seeks to regulate apartment buildings developed on land areas of less than 20,000 sq ft. […]

Government needs to provide more info when seeking foreign loan approvals

Insufficient documentation when the Union government submits proposals seeking Parliamentary approval on foreign loans have made decisions difficult, some MPs pointed out Monday when discussing loans from the Asia Development Bank (ADB) and ASEAN Infrastructure Development Fund in Parliament. MP U Than Soe from Constituency 4 of Yangon Region said he had to search for […]

Parliament Warns Urban Planners to Follow the Law

A legislator has asked parliament to conduct a systematic review of all urban planning projects to determine if they are following the law. Urban planning inconsistent with the law, rules and regulations needs to be reviewed, Daw Ni Ni May Myin, of Taunggok township in Rakhine State, told the Pyithu Hluttaw on Friday. “Since the objective […]

Government plans to add 10,000 teachers annually

To address the shortage of 30,000 teachers in Basic Education Schools nationwide, the government will train 10,000 teachers a year starting in the next academic year, said U Win Maw Tun, deputy minister of Education. He was answering Pyithu Hluttaw MPs who asked about the teacher shortage in their constituencies. “Projects and targets are used […]

Heftier fines proposed for illegal video copying

The Ministry of Information has proposed a 30-fold increase in fines for video copyright violations and sought revisions to the outdated 1996 Television and Video Act. The proposal, which includes modifications to six key penalty clauses, was submitted to the Pyithu Hluttaw by Deputy Minister U Aung Hla Tun on Friday. “The law is not […]

Location for New Muse Airport to be Confirmed Before Fiscal Year-End

The Department of Civil Aviation (DCA) is hoping to confirm the location for a new airport in Muse before the end of this fiscal year, Deputy Director General U Ye Htut Aung told The Myanmar Times on November 6. Muse is Myanmar’s largest border trading post and where most of the country’s border trade with China takes […]

Government settles gold debts by private miners

The outstanding gold debt owed by private gold mining firms to the government as at September 30, 2017 is 14,121.32 ticals, U Ohn Win, Union Minister for National Resources and Environmental Conservation reported at the Pyithu Hluttaw held on October 19. In Myanmar, 1 tical is equivalent to 16.34 grams. Those debts are to be […]

Nursery education plan reaches Pyithu Hluttaw for debate

A proposal urging the government to set strategic plans for nursery education and investment in early child care and development service has been submitted to Pyithu Hluttaw, which will discuss on the issue. U Sai Oo Kham, Pyithu Hluttaw MP for Theinni constituency submitted the proposal on October 17. MPs agreed to bring the matter […]

Draft Companies Law designed to remove obstacles for foreign investment

A new Myanmar Companies Law currently being drafted by legislators will remove cumbersome restrictions and make foreign investment easier, said Dr Myat Nyana Soe, the secretary of Amyotha Hluttaw Bill Committee. “The draft law was approved by Amyotha Hluttaw and the amendments made by Aymotha Hluttaw and Bill Committee are already submitted to Pyithu Hluttaw. […]

Traders seek to recoup losses on K5 billion in seized rice

About 50 rice traders from Mandalay Region and Katha, Banmauk, Htigyaing and Kawlin townships in Sagaing Region said their partner’s detention for the past two months has hurt their business. Their meeting at the Banmauk rice traders association office on Wednesday was attended by National League for Democracy MPs from Banmauk. U Aung Thein, who […]