YCDC officials deflect permit delay claims

The Yangon City Development Committee’s (YCDC) building department hit back at claims that it delays issuing permits and does so improperly, during an October 29 press conference. U Maung Maung Zaw, the department’s head, said nearly 50 percent more permits have been issued in 2013 than in 2012. ‘’In the 2012-13 year we issued 2024 […]

Myanma Insurance permits five private firms for first time in 50 years

Myanma Insurance, the sole state-owned insurance organization in Myanmar, has permitted five private firms to offer insurance services in the country for the first time in 50 years. IKBZ Insurance Co Ltd, Grand Guardian Co Ltd, Aung Thitsar Oo Co Ltd, National Economy Public Co, and Aung Myint Mo Min Insurance Co Ltd were given […]