Yangon to tighten security during Thingyan Festival celebrations

Police will increase security during the Mahar Thingyan Festival to ensure the smooth celebration of the event, the Mahar Thingyan Festival Security and Regulation Committee said. “We will improve the security; it will be better than in previous years. In addition to crowded places, police will try to patrol around the business pavilions,” said Police […]

Singapore to invest $316m in housing

The Myanmar Investment Commission (MIC) has allowed two Singapore companies to invest over US$316 million in two Yangon housing projects, according to the Directorate of Investment and Companies Administration (DICA). “A Singapore company will invest US$35 million in a housing project and another firm will invest US$280 million in a separate project,” said an official […]

Min Residences to start construction in September

“We have created a joint venture to invest in Min Residences. “The complex will be located next to the second central business district of Yangon. It will be first tower in Myanmar with 60 fitness and recreational facilities such as sports rooms, a gym, a kids’ playground area and swimming pools,” he said at a […]