Property cycle at trough, turning point in sight, agents say

Property prices in Mandalay have dropped between 10 to 30 percent over the past five years, with steeper falls seen in less populated residential estates, local real estate agents told The Myanmar Times. After slipping from its peak in 2013 though, the property market could now be at a turning point. “Recent market conditions are […]

Sugarcane, sugar law expected to develop sugar business

SUGARCANE growth and the sugar law is expected to help develop the sugar business and to enable sugar businessmen to survive for the long term, said U Win Htay, the vice chairman of Myanmar Sugar Development Public Co Ltd. Local sugar entrepreneurs are being faced with high costs of production and cannot compete with the […]