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Myanmar draws up agricultural development master plan for Yangon region

Myanmar has drawn up a three-year master plan (2018-2021) for development of agriculture in Yangon region and the plan will soon be implemented, Myanmar News Agency reported Wednesday. It was disclosed by Yangon Region Chief Minister U Phyo Min Thein at a Flower Festival held at the People’s Park Tuesday. Stressing the need for developing […]

Yangon gov’t makes losses in bus services: Auditor General

Yangon Region government took a loan of Ks-eight billion from Ayeyarwady Bank as it had no sufficient money to buy 1,000 new buses, according to an audit report submitted by Khin Than Hla, Yangon Region Auditor General for 2016-2017 fiscal year, at the session of Yangon region parliament on September 14. On behalf of Yangon […]

Myanma Insurance generates over Ks181 bn in state revenue in three years

The State has received over Ks181 billion in tax revenue from Myanma Insurance over the past three financial years, said Minister for Planning and Finance Myint Thaung during a session of Yangon Region Parliament held on September 21. The information came after Yangon Region MP Tint Lwin from Pazundaung Township Constituency No (2) asked the […]

Draft Municipal Law for Yangon Draws Fire from Lawmakers, Urban Planners

YANGON — Members of the Yangon Region Parliament condemned a new draft law for proposing to allow the Yangon City Development Committee (YCDC), the municipality’s governing body, to run business enterprises with tax revenue from the city’s 5 million-plus residents. The new draft of the Yangon City Development Committee Law was prepared at the request […]

Yangon Mayor proposes YCDC “privatization” bill

Yangon’s Mayor Maung Maung Soe submits a bill that will facilitate the transformation of parts of the city’s management into business enterprises. He submitted the bill on February 2nd’s session of Yangon Region Parliament, where he claimed that the bill will allow seven authorities (groups) and the privtization of departments across three major sectors within […]

YRTA’s school bus program to be launched in coming academic year

YANGON – The school buses being purchased by Yangon will be running on June 1 of the coming academic year, said Dr Maung Aung, Secretary of Yangon Region Transport Authority (YRTA). “We are going to hold a kick-off ceremony soon to talk to bus drivers,” said Maung Aung. “The school buses will include CCTV and […]

YCDC should speed up approval process for building construction

The Yangon City Development Committee (YCDC) should look into the long waiting times before permits to construct multi-storied buildings in the city are awarded to applicants, U Thet Tun Win, MP from Botahtaung Township, said at the Yangon Region Parliament. Currently, it takes at least one year before the construction permits are made available to […]

CBM licensing procedures in the spotlight in Yangon

The Central Bank of Myanmar (CBM) should allow financial organisations including fintech companies to operate only after confirming that their business models are credible and licensed, said MP Daw Sandar Min from Seikgyi Khanaungto township during a Yangon Region Parliament session on October 3. The issue was brought up after fintech company Ok Dollar was […]

YCDC to Take Action Against Wayward Street Vendors

The Yangon City Development Committee (YCDC) is taking action against street vendors who ply their trade in prohibited areas or streets and is mapping out a plan to ensure that trade will be carried out in a systematic manner. The announcement was made by regional Planning and Financing Minister U Myint Thaung at the Yangon Region Parliament session Since […]

Yangon MPs Approve Pollution Proposal

​​ Yangon Region’s parliament yesterday approved a proposal calling for action to be taken against factories that pollute.  Five MPs discussed the proposal submitted by MP Kyaw Kyaw Tun of Hlaing township constituency no.1 on October 18.  In his proposal, Kyaw Kyaw Tun said there were many industrial zones and factories in Yangon and it was crucial for distilleries, cell battery and rubber factories to treat their waste water. Now rivers were polluted with waste. Distilleries were not the factories that produced essential goods but they were heavy polluters, the MP said.  […]