A new bridge that will link Mingalar Taung Nyunt and Dawbon townships will be opened early next year, the Japan International Cooperation Agency (JICA) said. The New Tharketa bridge over Pazundaung Creek will be completed in February, JICA said in a statement. The construction of the bridge cost 3.36 billion yen (K41.88 billion). It is […]
Mall operator, Thai healthcare group launch Yangon hospital on high demand
July 26, 2018 by
Myanmar mall operator Ga Mone Pwint Co has teamed up with Thailand’s Thonburi Healthcare Group to start a new facility, Ar Yu International Hospital, in Yangon, where demand for high quality standards of healthcare is rising fast. The new US$70 million hospital, which will open in mid August, is the first such project in Yangon […]
Collier Property Report – Yangon Office Q1 2018
April 23, 2018 by
Rate Corrections Continue Despite Lack of New Supply Headline lease rates corrected further downwards during Q1 2018 despite the lack of new supply. Occupancy rates, however, improved, particularly in developments which underwent significant price reductions previously. As more international standard office buildings become available Colliers expects rental rates to continue to correct albeit at more […]
Balloon Facility Will Squeeze out Park Users, Protesters Warn
February 22, 2017 by
Around 100 people protested against the helium balloon project planned by Myanmar Voyages International Tourism Company on 11 February, last Saturday. The helium balloon facility is expected to provide tourists with a chance to enjoy a panoramic view of the city, including Kandawgyi Lake and the Shwedagon Pagoda. The protesters, who visit Yangon’s Kandawgyi […]
