Yangon electricity board to receive its first budget

Yangon City Electricity Supply Board (YESB) will have its own budget beginning April 1 as part of a government-wide process of professionalising state-owned firms. YESB and other state firms are under pressure to transform the enterprises into professional businesses and separate them from day-to-day control by government departments. YESB has officially begun corporatising since 2014 […]