No Go Yet to Malaysia for Myanmar Workers

Myanmar has yet to send workers to Malaysia as the political situation there is uncertain and there may be problems in future. U Myo Aung, permanent secretary for the Ministry of Labour, Immigration and Population, said that they have been looking into the situation in Malaysia to avoid potential problems for Myanmar workers going there. […]

Restaurants Might Have Licenses Seized for Tax Non-Compliance

Restaurants which have failed to include commercial tax stamps might have their licenses seized, according to discussions among lawmakers at the Yangon regional parliament session on April 24. Regional MP U Kyaw Kyaw Htun said that the regional government should deal with the restaurant situation. He suggested seizing licenses of restaurants which have failed to […]

507 Eateries Fined for Failing to Give Tax Stamps

A total of 507 restaurants in Yangon Region were fined for failing to stick tax stamps on the receipts in the fiscal year 2016-17. Myint Thaung, the Yangon minister for finance, told the regional parliament on April 24 in reply to the question about the state of taxation from MP Kyaw Kyaw Htun of Hlaing […]

Will Government Meet Target on Low-Cost Housing?

Under the previous government, the construction of low-cost apartments failed to reach its target. With the new government, we have to wait and see whether or not the specified numbers of low-cost apartments can be built in time. The previous administration had claimed that they were going to complete the construction of one million apartments […]

Yangon to Boost Revenue by Taxing for-Profit Pandals

​​ Despite a government ban on for-profit pandals in public areas, the Yangon Region government will allow them in private areas during Thingyan, or water festival, according to Yangon Chief Minister U Phyo Min Thein on March 24. “We’ve received applications to hold entertainment pandals at The One Entertainment [in Thuwunna township], People’s park and […]

JMHU Offers $20 Million in Capital to Implement Low-Cost Housing Projects

​​ Japan-Myanmar Association for Industry of Housing and Urban Development (JMHU) has offered to provide US $20 million to Myanmar to implement low-cost housing projects, according to a press release issued by the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).  A local public company, Myanmar Construction and Development, […]

4m Containers Expected By 2025

​​ Yangon’s ports are expected to receive more than two million containers by 2020, according to the Myanma Port Authority (MPA). They received 890,000 containers in 2015, said Zaw Tun Lwin, deputy general manager from the MPA. He said the number could increase to 4 million by 2025. He added that the government was working to find better solutions to tackle cargo problems. A container management […]

Yangon Relaxes Truck Use Restrictions

​​ Restrictions on the use of container trucks in Yangon are being relaxed, according to the regional Ministry of Planning and Finance. Minister Myint Thaung told a meeting that the container trucks from the ports of Asia World and the International Terminal Thilawa had been allowed to go to Hlinthaya Township from 11am to 3pm. Another meeting on the subject took place between military-appointed Vice President […]

K30b From Reserved Fund for Yangon’s Power Needs

​​ President U Htin Kyaw has asked the Pyidaungsu Hluttaw to approve the allotment of K30 billion from the reserve fund of the 2016 Union budget for the purchase of generators to meet the increasing electricity needs in Yangon Region. The proposal was made in a formal message distributed to the Hluttaw representatives on March […]

Yangon Needs to Generate More Power: Minister

​​ Yangon Region will need more power this year, according to Dr Htun Naing, deputy minister for electricity and energy. He asked Parliament on March 13 for Ks30 billion (US$22 million) to purchase a generator of 25 megawatt capacity. Yangon may need 200 more megawatts, since Ywama power plant can increase production up to 75 […]