The Yangon Urban Public Transportation Company’s (YUPT) annual general meeting on Wednesday was disrupted by a shareholder uprising over a lack of profit and leadership selection. YUPT, in which the Yangon Region government invested K35 billion, operates 19 bus lines under the Yangon Bus Service (YBS) and has 1349 buses. The company’s second annual general […]
Phyo Min Thein and the business of government
July 4, 2019 by
The Yangon chief minister’s business ventures, including low-cost housing and Yangon Petrol, were the main talking points from a marathon press briefing on June 5. By YE MON | FRONTIER If there has been one defining feature of U Phyo Min Thein’s tenure as Yangon Region chief minister, it is his eagerness to get involved […]
Yangon inviting foreign help on housing
June 10, 2019 by
The Yangon Region government will invite foreign participation in efforts to build more affordable housing, said Chief Minister U Phyo Min Thein. The chief minister was speaking at a press conference to brief the media on the regional government’s progress after three years in office. “As Yangon has many industrial zones, many migrants workers are […]
Yoma Land targets middle-income buyers with new property project in Yangon
January 9, 2019 by
Yoma Land this month introduced a new real estate project targeted at middle-income earners. The firm, an umbrella branch of Yoma Strategic and First Myanmar Investment Company, on December 21 launched City Loft, a new property project targeting young working professionals. The property will be developed in phases at a 22-acre site within Yoma’s Star […]
Analysis: Yangon Public Losing Patience With Mercurial Chief Minister
October 16, 2018 by
Of Myanmar’s 14 state and regional chief ministers, few have seen such highs and lows in terms of their public approval as Yangon’s U Phyo Min Thein. In 2016, the country’s biggest nationalist group, Ma Ba Tha, threatened to target him with a nationwide protest after he vowed to wipe the group out. In response, […]
Excel KC Myanmar disqualified from implementing Yangon Payment System for Yangon public transport system
April 24, 2018 by
Excel KC Myanmar will no longer be eligible to build and implement a card payments system covering public transportation, the Yangon Regional Government said on April 21. After discussing terms of the contract, the government said Excel KC Myanmar did not have the necessary qualifications to implement the Yangon Payment Services (YPS) system and that […]
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