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Two companies picked to build new Mandalay market

Two companies have been chosen to build a new Mingalar Market to replace the one that burnt down in March 2016 in Mandalay city, and construction work is expected to begin at the original site this year, said U Kyaw San Myint of the Mandalay City Development Committee. The MCDC’s Tender Analysing Team chose Capital […]

Alibaba aims to grow five times bigger in Myanmar by mid-2019

DRIVEN by rapid gains in smartphone use and people’s willingness to try new things in Myanmar, Alibaba Group plans to grow its business by at least five times in the country in the coming six to eight months, according to Frans Maas, managing director of Shop.com.mm, which is now under the fold of the Chinese […]

Real estate market still cool in Dala Tsp

Real-estate market in Dala Township is still cool despite the announcement of the Yangon- Dala bridge construction project, according to a report in the Myawady Daily yesterday. Authorities issued notice letters to apply eminent domain to residences and businesses in the path of the construction project, which will begin in October. The bridge is scheduled […]