NLD looks to raise ‘ancient’ Yangon rents

  According to MP Yan Aung of the National League for Democracy, the new government will reconsider the rental agreement with the Yangon Zoo and Kandawgyi – Mhyaw Sin Kyun Park. The Mingala Taungnyunt Township MP told the Daily Eleven that the rent was too low compared to market rates. He said that the current […]

Rangoon Govt Invites Private Investment in Public Bus Company

RANGOON — The Rangoon Division government on Monday launched an initiative to set up a US$25 million public bus service company that would improve major bus lines in Rangoon, Burma’s biggest city. On Tuesday, an official said they had already received pledges for more than half of $15 million in private funding shares required for […]

Heavy metal: U Tay Za’s ‘uranium’ find

Tycoon U Tay Za claims to have purchased uranium samples in upper Myanmar, and will return to the area in the future to search for a deposit. Speaking at a rare press conference held at his Yangon home on Inya Road on January 19, he said that if a uranium deposit is indeed found, he […]

How does one get off the US Sanction List?

Based on the discussion that I had with a US Embassy official in Yangon on their recent activity in inviting Myanmar people (eg Tay Za of Htoo & Company and Steven Law of Asia World) on the OFAC SDN List for a discussion on what they can do to remove themselves from the SDN List […]