YANGON—The Yangon municipal administration plans to reintroduce parking fees in six downtown townships of the country’s commercial capital after installing “smart” car parks. The Yangon City Development Committee (YCDC) announced at a regular press conference on Nov. 18 that it is currently evaluating six bids submitted by companies in response to a request for tenders […]
Colliers Property Report: Yangon Hotel Quarterly Review Q2 2018
September 12, 2018 by
Influx of Asian Tourists Spurred Demand Paul Ryan Cuevas Analyst | Research & Advisory As of H1 2018, Yangon witnessed a significant 6% YOY rise in the citywide occupancy rate. Resulting from the improvements in the overall tourist arrival figures coupled with the absence of project completions in Q2 2018, occupancy almost breached the […]
IRD will reward those who lodge complaints on businesses that fail to pay tax
April 19, 2018 by
The government is raising its efforts to collect taxes from commercial enterprises. Last week, the Internal Revenue Department said it will reward those who provide information on establishments that fail to collect commercial taxes, according to state media. Under the law, consumers who buy goods and services in Myanmar are liable to pay commercial taxes. […]
EOI for International financial management consultant, Closing Date: 21 March 2018.
March 8, 2018 by
Client: Yangon City Development Committee (YCDC) Country: Republic of the Union of Myanmar Project: Myanmar Southeast Asia Disaster Risk Management Project Loan No. 60800-MM Assignment Title: International Financial Management Consultant Reference No. (as per Procurement Plan): C4-CS3 The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) in the […]
Squatters may be a problem during Yangon Railway Station upgrade
February 28, 2018 by
Problems in relocating thousands of squatters occupying the Yangon Railway Station’s existing premises are expected to arise as upgrades and construction take place in the area over the next eight years. The mixed development project will involve the construction of 27 new buildings including office towers, condominiums, hotels, serviced apartments, a public park and museum. […]
Yangon home to over 300 karaoke places
February 13, 2018 by
Yangon Region has more than 300 karaoke places, according to a cabinet minister. Karen ethnic affairs minister Naw Pan Thinzar Myo revealed the information February 7 to a Yangon regional parliamentary session in reply to MP Kyi Pyar from Kyauktada Township who asked for the exact number of the businesses and the fees they pay […]
Yangon Regional Government, Invitation for Tender for Overall Master Plan and Architectural Design for housing in Kyauktada Township, Submission Date: 19 Jan 2018
December 20, 2017 by
Interested Parties for the submission of proposals which are to be selected in a competition format are invited to participate for the renovation/ rehabilitation and ensuring the strength and reusability of the former office building of the Ministry of Hotel and Tourism (Tourist Burma) while maintaining the building’s heritage and history. Overall Master Plan and […]
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