Rents raised for shops in Yangon’s parks

The rent for shoplots located in Yangon’s parks and garden have increased based on the market price assessed by the new government, a senior Yangon official said. U Ko Ko Lin, head of the Yangon City Development Committee’s Playgrounds, Parks and Gardens Department, said the increase was to reflect the existing market price of properties […]

Over 570 business tax evaders uncovered in Mandalay

More than 570 businesses in Mandalay were found to be remiss in paying their taxes and were given ultimatum by an internal revenue inspection team to settle their arrears immediately, a senior revenue official said on Monday. U Aung Moe, deputy director of Internal Revenue Department in Mandalay, said the erring businessmen were uncovered during […]

Yangon takes legal action against nearly 30,000 vehicles

The Yangon region government took legal action against nearly 30,000 vehicles which are parked on public roads for long periods, it is learnt. As the number of cars in Yangon increased and parking became scarce, there were many quarrels over parking. Some companies and shops are taking up many of the parking spots on public […]

How does mining benefit Myanmar?

Author: Jan Dharmabandu is a mining engineer and a Chartered Environmentalist attached to Perth based Ensys Consultants. This article originally appeared in the Global New Light of Myanmar on 30th May 2017 as “What is & Why Mining: a Perspective from Myanmar”.   Each year about 5 billion tonnes of minerals are mined from the […]

Min Residences to start construction in September

“We have created a joint venture to invest in Min Residences. “The complex will be located next to the second central business district of Yangon. It will be first tower in Myanmar with 60 fitness and recreational facilities such as sports rooms, a gym, a kids’ playground area and swimming pools,” he said at a […]

Dry port discussions under way on China border

The Shan State government has approved the project, and has asked First Golden Dragon Company to secure consent from landowners, said Muse district administrator U Kyaw Kyaw Htun. The company hopes to build a 210-acre dry port including a highway bus station, space for trucks to load and unload, cold storage and new warehouses, he […]