Yangon’s new city vastly ambitious but govt’s role called into question

YANGON’S government has formed a company to develop a landmass twice the size of Singapore as a re-launch of the “new city” development project abandoned last year. While officials has gone as far as comparing the project’s ambition with the urban development of China’s Shenzhen, a business leader has called into question why the government […]

Calls for YBS fare hikes mount as losses widen

It’s been more than a year since the Yangon Bus Service (YBS) was launched in Yangon in January 2017, but many routes are still loss-making. As a result, calls for measures to reduce the pressure on YBS margins and alleviate costs on the loss-making routes have been on the rise. “At fares of K200 per […]