Companies Act to Be Passed Before End of the Year – DICA

An updated ver­sion of Myanmar’s Companies Act will be brought into law before this end of this year, a senior official from Myanmar’s top invest­ment body has said.Keep reading ...

Increased tourists lead to higher revenue in Bagan

The number of tourist arrivals to Bagan has increased by more than 53,000 in the 2016-17 fiscal year, compared with the year, leading to a total collection of entrance fees by over K134 billion for both years, said U Kyi Thein Ko, general secretary of ...

New economic zones planned

The Ministry of Planning and Finance is carrying out plans for new economic zones and special economic zones as the quality of existing industrial zones is mediocre and upgrading them is difficult, state media reported on 20 March.Keep reading  ...

Mooted Yangon expansion plans revived

Yangon Region Chief Minister U Phyo Min Thein said that the regional government will launch the Yangon New City project in Kyeemyindaing township, but firms involved in the Yangon Southwest New City were not informed about the new plan. Keep reading  ...

Economy Expected to Average 7.1 Percent Growth Over Next Three Years

RANGOON — Burma’s economy is expected to grow by an average of 7.1 percent per year in the next three years, amid easing inflation and a rise in investments in infrastructure and sectors such as light manufacturing and hospitality, the World Bank said in a ...

Efforts exerted to formulate a zoning law in Yangon

Concerted efforts are being made for a zoning plan in Yangon Region to go from draft to law, it is learnt from the City Planning and Land Administration Department under the Yangon City Development Committee (YCDC).Keep reading ...

Solving the Yangon housing shortage

Amid estimates that Yangon’s population of 7 million-plus will move into double-digits in the next 10 to 20 years, what is being done to solve the commercial capital’s housing crisis? The problem is exacerbated by the slow pace of economic and social development, which keeps incomes ...

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