Tags Posts tagged with "Yangon"

Yangon

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Myanmar is close to legalize casino gambling in a bid to boost the local tourism industry and attract...
Yangon To Get Skytrain

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China has proposed to fund a $1.5-billion elevated railway project in Myanmar’s commercial capital, Yangon. China Railway Eryuan Engineering Group Co., Ltd (CREEC) made...
Myanmar’s economic downturn hits aviation sector

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Three airlines in Myanmar suspended operations in the recent past, citing economic losses and a shortage of aircraft. Two of them, Yangon-based Air Bagan...
Massive Yangon city expansion renders Naypyitaw pointless

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Myanmar’s business capital of Yangon will see a massive expansion to accommodate its growing population and make the city more business-friendly and livable, the...
Myanmar’s residential property market facing downward correction

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The heydays for landlords in Myanmar's with sky-high rents in larger cities are apparently over.  A global property firm says that 2018 will bring...
New Myanmar bank to supply tourism businesses with cheap loans

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A new bank, Myanmar Tourism Bank, will begin operations within six months in so far three branches in Yangon, Mandalay and Naypyidaw with the sole...
Ratings for Suu Kyi’s new Myanmar government not very flattering

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Satisfaction among Myanmar residents over the performance of the post-military government of former democracy icon Aung San Suu Kyi and her National League for...
Myanmar business tycoon complains about government’s “neglect of economy”

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Serge Pun, one of the richest individuals not only in Myanmar, but all over Southeast Asia, on July 6 criticised the government of Aung...
Grab, Uber make inroads into Myanmar

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While taxi hailing apps Grab and Uber are struggling with the Thai government over their legal status and over licensing issues, both companies are...
Huge city development kicked off in Yangon

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A $700-million urban development project saw its groundbreaking ceremony in Yangon downtown on February 17: The "Yoma Central" complex, the country's largest real estate...
Yangon gets first-ever regular bus network

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Myanmar launched a new public transport system in its business hub and largest city of Yangon on January 16,  the first such network providing...
Myanmar housing market cooled down

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Yangon’s property market finally cooled down in 2016 from a peak that began to ease in 2014 as a result of changing government policies. During...
Myanmar farmers enter modern age with 3D printing technology

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Farmers in Myanmar, notoriously under-equipped with agricultural tools, made a virtue out of necessity of deploying 3D printing technology to create bespoke parts the...
Islamist extremism reaches Myanmar

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Myanmar police said on November 26 that they arrested three Muslims for planting home-made bombs around Yangon and were investigating their links to what...
Singapore costliest, KL cheapest city for expats in ASEAN

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Singapore remains the most expensive city for expats in the Association for Southeast Asian Nations, or ASEAN, according to the 2016 Cost of Living...
Second listing gives wings to Yangon Stock Exchange

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Myanmar Thilawa SEZ Holdings (MTSH) made a solid debut on May 20 as the second company on Myanmar's Yangon Stock Exchange, spurring a lot...
Property prices in Yangon, Mandalay in 25%-slump

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Shortly after the presidential elections, Myanmar's property market is clearly cooling off, with prices in the two major cities of Yangon and Mandalay being...
Uber-like taxi app launched in Myanmar

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Getting around in Myanmar is becoming easier since Yangon-based company Oway Ride launched a Uber-style ride-hailing app. The car-on-demand service can be booked in...