The Yangon region government has come under flak since March, when it announced the launch of a new Yangon City project at the west bank of Yangon River. If and when the first phase of the US$5 billion development is complete, it will include five village townships, two bridges, 26km of artery roads, 10 sq […]
Broadband speed comparable to region
August 16, 2018 by
4G services may be a recent phenomenon in Myanmar, but the mobile broadband experience in terms of reach and speed, particularly in Yangon, is actually comparable to that of more developed cities in the region. In fact, 4G availability in Yangon is the fourth highest in ASEAN at over 80 percent, trailing Bangkok, Singapore and […]
Myanmar to cooperate with S. Korean company in Yangon development project
August 14, 2018 by
YANGON, Aug. 13 (Xinhua) — Myanmar’s Yangon regional government will cooperate with a South Korea-based Myanmar Wooree Company in developing Yangon region, the official Global New Light of Myanmar reported Monday. Under a memorandum of understanding signed between the two sides in Yangon on the weekend, the industrial development project area lies on the west […]
Visa on arrival for Indians visiting Myanmar
August 10, 2018 by
Indians wishing to travel to Myanmar will soon be able to do so without applying for a visa beforehand. Starting August 8, the Myanmar government is set to provide visa on arrival facility, suspending the special land entry permission which was formerly required for visitors entering the country via land routes. The Myanmar government decided […]
Lack of retail offerings in Myanmar yields growth opportunities for investors
August 10, 2018 by
Demand for retail space has been on the rise in Yangon, where the population has swelled and living standards are improving. Earlier this year, the government also permitted foreign ownership of local wholesalers and retailers and last month allowed businesses in the sector to trade in a total of 24 products. Ko Nay Min Thu, […]
Yangon, Amata Corp discuss details of industrial zone project
August 10, 2018 by
On August 7, U Phyo Min Thein, chief minister of Yangon Region Government met with executives of Thai industrial estate developer Amata Corporation PCL at the Yangon Region Office to discuss the Yangon Amata Smart and Eco City Project. Talks revolved around nailing down the construction plan and building a 150 megawatt power plant for […]
Yangon Contractors Face Trouble
August 3, 2018 by
Due to the dollar rate appreciation, bad weather, and a sluggish market, contractors are facing difficulties and troubles. In order to address the issue, an event was held at The Sky Star Hotel on July 21. The event that was drafting the Apartment Law gave the opportunity for many to express their feelings. Feelings of […]
Myanmar opens visa-on-arrival door
August 3, 2018 by
YANGON, 31 July 2018: Myanmar confirmed late last week it would ease visa procedures for three nationalities 1 October. Tourism officials quoted government sources saying tourists from Japan, South Korea and China would be granted a visa-on-arrival for up to 28 days. Details were sketchy with none of the official websites for the Hotels and […]
Work on Yangon Elevated Expressway to Begin Next Year, Says Minister
August 1, 2018 by
Naypyitaw—Construction of the Yangon Elevated Expressway project will begin next year and should be completed within three years, Deputy Construction Minister U Kyaw Lin said on Monday. The deputy minister made the comment in response to a question from lawmaker U Nay Myo Htet about the ministry’s plan to build an inner ring-road in Yangon […]
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