A New Harbinger of Good Governance – Myanmar’s Institute of Directors

This week marks the launch of an important market institution – the Myanmar Institute of Directors (MIoD), the first independent, private sector-led organization promoting best corporate governance standards and practices in the country. This is a significant step in Myanmar’s ongoing market reforms and sends a strong signal to the global business community the country’s […]

Experts urge soil tests to help buildings survive earthquake

Geology and construction experts are urging building companies to conduct soil tests before erecting buildings to ensure safety amid increasing earthquakes. Government data show that over 60 earthquakes struck Myanmar in 2017 and about 40 the year before. U Saw Htwe Zaw, vice chairman of the Myanmar Earthquake Committee (MEC), said that under the country’s […]

Yangon Regional Government, Invitation for submission of Master Plan and Architectural Design for Lower Pazaudaung Road Area, Submission Date: 5 February 2018

Interested Parties are invited for the submission of proposals which are to be selected in a design competition format for the Overall Master Plan and Architectural Design for the development of the Mixed Used Development Project which will include Rental Housing, Residential and Commercial buildings under the management of the Yangon Regional Government located in […]

YBS, YRTA and a new initiative to be accepted by the people

With the number of Yangon city-dwellers increasing by leaps and bounds, transportation became a problem for Yangon city commuters. It has been a big problem for many years. Due to poor management of the authorities concerned, the bus lines in Yangon had been a nuisance for commuters in the city. They had to always travel […]

Urban laws stuck in draft stage

The country needs modernised urban planning laws to keep with a rapidly changing real estate market, as legacy laws are unsuited for the purpose, according to experts. Yangon in particular faces numerous challenges that were not anticipated when the current urban planning rules were put in place. A slate of new laws and rules have […]

Stock Exchange Could Bring Transparency: Expert

The expected opening of the Yangon Stock Exchange in October could potentially bring about greater business transparency gradually, Mark Chan, corporate finance partner at law firm Berwin Leighton Paisner, told Myanmar Business Today. While the Japanese companies have been “very quiet” in their efforts to set up the Yangon Stock Exchange, local companies have been […]

Ooredoo meets with DICA to kickstart operations

Qatar-based Ooredoo is in discussions with local partners and investment authorities to kickstart its mobile operations in Myanmar. Edwin Vanderbruggen, legal advisor to Ooredoo Myanmar, met with Aung Naing Oo, head of the Directorate of Investment and Company Administration (DICA) in Nay Pyi Taw on December 9 to discuss the rules and regulations concerning their […]

Legal : In-house interview with Ooredoo Asia General Counsel

Helping the country open up to the world is an exciting opportunity, says Singapore-based Scott Weenink, Asia GC for telecoms provider Ooredoo Myanmar has seen tremendous change in a short period of time and one manifestation of this is the growing number of foreign business people and travellers visiting the country. Myanmar’s former capital and […]

New auto restrictions may have little impact on quality of imports

With traffic congestion in Yangon bad and road accidents even worse, experts and customs officials are worried that new rules aimed at deterring importers from bringing in old and potentially unsafe vehicles will do little to resolve the situation. Ministry of Commerce spokesman U Min Min told The Myanmar Times that beginning next year, the […]