YCDC claims hundreds of Yangon apartments
The Yangon City Development Committee (YCDC) has taken over nearly 500 disputed Yangon apartments this year and will raise rent by 10 percent, according to Yangon mayor U Maung Maung Soe. Disputed ownership claims, often caused by the deaths of landl
Watchdog urges more transparency in oil, gas and mining industries
Oil, gas and mining watchdog Extractive Industries Transparency Initiative (EITI) said Myanmar needs more transparency and policy reform. In an October 16 report, EITI praised the government for “meaningful progress” in data reporting and
Agreement backs both baht and kyat for border trade
Thailand and Myanmar signed a memorandum of understanding (MOU) supporting the use of both nations’ currencies for border trade. The October 21 announcement came just nine days before the opening of the second Thai-Myanmar Friendship Bridge, wh
NLD to change candidates for 2020 election
The National League for Democracy (NLD) will cut more than half its anticipated candidates for the next election. Monywa Aung Shin, a party spokesperson, told the Myanmar Times that many of the current candidates do not meet the party’s standar
US official criticizes repatriation process
Myanmar is still struggling to resolve the refugee crisis, which continues to damage its international reputation. A top-ranking US foreign aid official delivered a sharp criticism of how Myanmar is handling the repatriation process for more than 750
