Yangon squatter numbers booming

The number of squatter households has increased fivefold in the 19 townships of Yangon city, says researcher Zin Min who carried out extensive research into the slums of the city. He said the number reached almost 44,000 in townships such as South and North Okkalapa, Thingangyun, South, North and East Dagon, Dagon Seikkan, Dawbon, Thaketa, […]

Less that 20 percent of Yangon citizens have a bank account

More than 80 percent of Yangon’s 7 million inhabitants do not have a bank account, according to a two-month survey carried out by Yangon-based Thura Swiss research and consultancy company. The firm’s CEO Dr Aung Thura told Mizzima that their in-house survey team conducted 2, 892 interviewees with people in a wide variety of careers […]