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New Industrial Zones Planned at 11 Townships in Yangon Region

The Yangon Region Government is planning to construct new industrial zones in 11 townships outside the Yangon, according to U Nay Win, representative of Pyithu Hluttaw in Thongwa township of Yangon region. U Phyo Min Thein, Chief Minister of the Yangon Region Government met representatives of parliament and the departments of relevant ministries to discuss […]

Number of SMEs Halves as Competition From Across the Border Bites

The number of small and medium enterprises (SMEs) in Mandalay industry zone has halved, according to U Nay Win, vice chair of Mandalay industry zone management committee U Nay Win. “According to our data, there were over 1,000 SME businesses in 2010 but now in 2017 there remains only over 500.” he said. The number […]

Yangon Hot Air Balloon – View from Above

A flight on Yangon’s latest tourist attraction Irarely have the opportunity to a look at Yangon from 220 feet high. Most of the time, as a pedestrian, I look up. At Shwedagon, at Traders Hotel, at Sakura Tower. But recently, for the first time, I saw my city from above. Enter Mingalarbar Balloon, one of […]

Myanmar under discussions with U.S. to export straw mushrooms

Discussions regarding mushroom exports is ongoing with the United States, said an official from the Myanmar Mushroom Cultivators and Distributors Association. Myanmar is negotiating with the U.S. to export 100 tonnes of straw mushrooms annually. A company from China (Taiwan) is providing assistance in the discussions, said U Nay Win, the chairman of Myanmar Mushroom […]

YCDC Threaten To Take Action Against Mya Kyun Thar Developers

Yangon City Development Committee (YCDC) has threatened to take action against those companies who do not cease construction and resubmit their proposals on developments at parkland beside the city’s Inya Lake. U Nay Win, deputy department head of engineering (building) at YCDC, told The Myanmar Times yesterday that YCDC had instructed firms working at Mya Kyun […]

YCDC to accept Sule Square fine

Yangon City Development Committee sent a formal letter to the developers of the Sule Square commercial complex yesterday, which will allow payment of a K2 billion (US$1.6 million) fine levied for building additional floors without permission. YCDC said late last month that although hotel group Shangri-La was willing to pay, the committee was waiting on […]

Contractors association bands together with YCDC grievances

Over 500 of Yangon’s licensed building contractors met last week to debate forming an industry association, which will have a long list of policy complaints to take to Yangon City Development Committee. The city’s contractors are banding together partly in anticipation of new YCDC regulations, and believe an industry association will make it easier for them […]

YCDC stops accepting high-rise applications

As government engineers continue their inspections of high-rise construction sites where work has been stopped pending their review, Yangon City Development Committee has announced the suspension of existing policies and procedures for applications from developers who want to put up tall buildings in the region. YCDC deputy engineering department chief U Nay Win said on June 24 […]

Shop owners quarrel over Mingalar market future

Construction of a temporary replacement for Mingalar Market, which was destroyed by a fire on January 9, may be delayed due to disagreement on whether to reconstruct the market or build a new one, shop owners say. Owners of spaces in the Yangon market disagree about its future, with a division mainly between those whose […]

YCDC Fights Fake Permits at Private Construction Sites

Constructors will not be allowed to post building permits for buildings themselves anymore, and have to use YCDC-made signboards instead, according to the Yangon City Development Committee (YCDC). YCDC said illegal builders are putting up signs on their projects that claim to have the Committee’s permission, while in reality the projects are illegal and the […]