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Yangon to Take Part in Upgrading of Industrial Zones

​​ The Yangon Regional Government will upgrade the industrial zones located within Yangon Region to encourage further investments and development, U Phyo Min Thein, the region’s Chief Minister said during a meeting at the office of the Union of Myanmar Federation of Chambers of Commerce and Industry late last week. There are 29 industrial zones […]

Three companies Shortlisted for Yangon Payment Services Tender

The Yangon Regional Government has shortlisted three companies to implement the Yangon Payment Services (YPS) cashless payment system on all Yangon buses in 2018. After conducting checks and meeting with a total of 14 companies which tendered for the project, the Tender Supervisory Committee has selected AnyPay Payment Services Co.,Ltd, Asia Stamar Transport Intelligent Co.,Ltd […]

Despite High Operating Costs, CEO of Yangon’s New Bus System Remains Optimistic

YANGON— Dubbed one of the first big reforms made by the National League for Democracy government in Myanmar’s financial hub Yangon, a new public transport system known as the Yangon Bus System (YBS) will turn one next month. The new system was aimed at replacing the former capital’s old bus service—the Rangoon Motor Vehicles Supervisory […]

Yangon Regional Government , Expression of interest for Global Competition for submission of Master Plan and Detail Design of the Integrated Logistics Park and IWT Jetty , Submission Date: 1 Jan 2018

Global Competition for submission of Master Plan and Detail Design of the Integrated Logistics Park and IWT Jetty Interested Parties are invited for the submission of proposals which are to be selected in a design Global Competition format for the Overall Master Plan and Detailed Design of the Integrated Logistics Park and IWT Jetty which […]

MP calls on Yangon to convert idle buildings and land into money earners, job generators

A regional legislator has proposed that the Yangon government seizes idle buildings and land plots and turn it into productive assets that would not only earn income for the government but also generate employment for the people. MP U Hla Htay from Mingalar Taung Nyunt township noted in his proposal to Yangon Region Parliament on […]

Car Importation Policy to Be Issued by Year End

The government will issue a general car importation policy within the year to put an end to the current confusion in the industry, Commerce Minister U Than Myint told The Myanmar Times. At present, there are several policies related to car importation. This has created confusion among the “legitimate vehicle importers” and the government will seek […]

Water Transport to Begin Operation in Early June

Water vehicles will start serving commuters in early June with ships and boats bought from Thailand and Australia, according to Daw Tint Tint Lwin, CEO of Tint Tint Myanmar. The Yangon regional government had promised to implement a water taxi system on the Hlaing River and Nga Moe Yeik Creek. Tint Tint Myanmar won the […]

Survey of Yangon’s Squatters Uses Fingerprint Scanning, Facial Recognition Technology

The Yangon regional government has surveyed tens of thousands of squatters using fingerprint scan­ners and facial recogni­tion technology as part of a resettlement plan to address the city’s housing crisis. Surveyors have visited almost 80,000 house­holds across seven town­ships with the help of for­eign experts and NGOs, officials said. But Colonel Tin Aung Tun, the […]

All’s Quiet for Property Market

The last two years of lacklustre performance in the property market has indicated a limited potential for transactions to take place this year, according to real estate agents. “Yangon’s property market doesn’t seem to be improving because we don’t see good potential for this year. “At first, we thought that 2017 would rehabilitate the country’s […]

YCDC Finishes High-Rise Review

Yangon City Development Committee announced yesterday it has completed its review of high-rise building projects and will start accepting new applications for construction permits next week. The Yangon Regional government and YCDC began a city-wide review of high-rise buildings in May, which covered projects already under construction, those that had begun foundation work and those still in […]