MIC approves 31 investments in January

The Myanmar Investment Commission approved 31 new local and foreign projects in January, mostly in the real estate and garments sectors, according to figures published by the Directorate of Investment and Company Administration. Of these, 15 were foreign, adding to the 138 international investments approved by the MIC since the start of this fiscal year. […]

Large extension for Yangon on the table

Yangon mayor U Hla Myint said an extension to Yangon City is being planned to the west of the existing city under the auspices of the regional government, though other members of the regional parliament said they had not heard of the plan until the announcement. Covering an estimated 30,000 acres, the expansion is required […]