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. […]

YCDC Lost Millions in Park Leasing Process: Auditor General

The Yangon City Development Committee (YCDC) has lost millions of dollars in the process of leasing recreational parks in Yangon to private companies, the Auditor General of Yangon region said at a special meeting of the regional parliament. “The country is losing money on the leases of parks in Yangon. YCDC’s playgrounds, parks and gardens […]