Yangon govt ‘invests’ Ks70bn in YBS

Yangon Bus Public Company Ltd (YBPC) has deposited Ks70 billion at the Ayeyarwady Bank for the Yangon Bus Service (YBS), according to Myint Thaung, the regional minister for planning and finance. Replying to the question raised by Sandar Min, an MP representing Seikgyi Khanaungto constituency no.1, about investment, profit-sharing and the business plan for the […]

Yangon to Commence Southwest New City in April

Yangon Southwest New City will be implemented by a joint venture agreement between the Yangon Region government and local construction developers, and the government expects the implementation process to start on April 1, 2017. The new city project was discussed by lawmakers at the Yangon regional parliament session last week and the regional government submitted to […]

Mayor: ‘New City’ Going Forward, Imperative For Yangon’s Future

The Yangon Region government is pressing ahead with plans in the commercial capital townships of Twante, Seikgyi Khanaungto and Kyeemyindaing for the “new city” development, in line with a broader master plan it has for Myanmar’s biggest city, Mayor U Maung Maung Soe told the regional parliament last week. U Maung Maung Soe said the […]

Parliament opposition leaves two more flyovers in doubt

Two expensive flyovers budgeted for Yangon should be scrappedamid criticism over the portion of public funding dedicated to the projects, a parliamentary committee said yesterday. The outgoing region government earmarked K32.2 billion (US$26.1 million) forthe bridges, slated for the junction of Kabar Aye Pagoda and Parami roads, and North Okkalapa junction. But yesterday the parliamentary Finance, […]

Yangon to host voter education programmes this month

Programmes to educate voters in Yangon Region will commence in the middle of March under the guidance of election monitoring organisations. Local civic organisations in Yangon Region met for the first time on March 3 to discuss the implementation of the programmes in ten townships. “The authorities in Yangon Region and in 10 townships that […]