As Seoul fleshes out its New Southern Policy to strengthen ties with Southeast Asian nations and other countries, Myanmar presents fresh opportunities with its business-friendly policies, according to the country’s top envoy to South Korea. During the Burmese National Day reception on Jan. 7 in Seoul, Myanmar’s Ambassador Thura Thet Oo Maung said the Korean […]
Yangon builds bridges to its future as megacity
January 15, 2019 by
YANGON/SEOUL/HANOI — As Yangon pushes out in all directions on its way to becoming Myanmar’s first megacity, East Asian countries are snapping up the opportunity to build bridges, industrial parks and other infrastructure in its long-neglected surroundings. “Myanmar is developing its infrastructure with the help of our neighbors. One example with South Korea is the […]
Dala property prices soar due to bridge project
January 8, 2019 by
After the government had approved the construction of Myanmar-Korea Friendship Bridge connecting to Dala Township, property prices have risen in a blur as rumors of small-scale industries as well as housing projects in Dala runs rampant. According to property agents and Dala locals, land prices hiked up as much as tenfold. Over a month ago, […]
