Lump Sum Rent a Growing Problem for Tenants

​​ As rents in the commercial capital rise, the longstanding arrangement of paying six months’ or even a year’s rent upfront is increasingly a burden to Yangon’s residential and business tenants. U Soe Win Maung, who lives with his wife in a rented apartment on 40th street in Kyauktada township, said he cannot afford the one-time […]

Myanmar Awaits Indian Response on Bean Deal

​​ The fate of a nearly million-tonne bean deal remains uncertain as the Myanmar government awaits a response from India to its proposal to sell the beans at the current market price. The Indian government said it wanted to pay a much lower price. The deal concerns the India government’s offer to buy 900,000 tonnes […]