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Mandalay city says firms cause delay of convention centre

Mayor Dr Ye Lwin has blamed the poor design and quality in the construction of the Mandalay Convention Centre (MCC), according to a post on his Facebook page last week. The mayor, who is also the minister for municipal affairs of the regional government visited the construction site located between 71st street and 72nd street […]

Medium-Income Housing Offered on Installment Plan in Mandalay

The Garden City Apartment Complex will break ground next week with the aim of giving medium-income people the chance to buy a unit, said project director U Zin Min Swe. Civil servants who are currently working will receive a 5 percent discount and all buyers will be linked up with banks that allow interest-free installment […]

Mandalay Convention Centre soft opening set for next month

THE Mandalay Convention Centre and Commercial Complex project is progressing as planned, with the soft opening slated for March, announced the construction company implementing the US$25 million project. The Mandalay Convention Centre soft opening will take place on 23 March, said U Zin Min Swe, managing director of CAD Construction Co., which is implementing the […]

Mandalay realtors gloomy over new Union tax rates

  Real estate agents in Mandalay say business is likely to be hurt by new higher tax rates that will take effect from April 1. All transactions will be taxed at least 15 percent in the coming fiscal year, up from this year’s base rate of 3pc. Sales worth up to K30 million will be […]