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Upscale housing project takes shape near Mandalay

A housing project to be built in Yay Tagon Taung in Mandalay Region’s Patheingyi township is expected to create tens of thousands of jobs, said the company behind the project. The project site is on 202 hectares of land on a golf course owned by the Mandalay City Development Committee about six kilometres east of […]

Junction City Becomes Yangon’s Latest Addition

Junction City, one of downtown Yangon’s high-end real estate projects, has been completed and is now officially opened. The developer, Shwe Taung Group, started the construction in 2014. Phase one of Junction City is located at the junction of Bogyoke Aung San road and Shwedagon Pagoda road in the city’s central business district. The total […]

Myanmar Companies Ramping up Tourism Industry

YANGON — Leading companies in Myanmar are building up the tourism industry in a bid to capitalize on the increasing number of foreign visitors to the Southeast Asian country since democratic reforms took place. First Myanmar Investment signed an agreement in October with its Singapore-listed affiliate Yoma Strategic Holdings and other companies, including SHC Capital Asia, […]