Modern industrial hub “Yangon Amata Smart & Eco-City” project kicks off

Modern industrial hub “Yangon Amata Smart & Eco-City” project kicks off

In the very last days of 2020, Yangon Amata Smart and Eco City, a new “modern industrial hub”, held its groundbreaking ceremony in presence of many officials including Yangon Region’s Chief Minister, Thailand’s Ambassador to Myanm

COVID update: case count hits 100K, Yangon mayor infected

This week, Myanmar’s confirmed COVID-19 cases passed 100,000, with new cases hovering between 1000 and 1500 per day. Recent outbreaks include more than 80 cases among monks in a Mandalay monastery, as well as a surge in Myawaddy, whose case cou

Yangon under strict stay-at-home measures

The city of Yangon has been imposed with strict stay-at-home measures as the coronavirus continues to spread. The blanket stay-at-home order, which will continue at least until October 5, allows most people to go out only for essential tasks such as

Government will unbundle Chinese-backed New Yangon City

The Yangon regional government will unbundle an infrastructure deal for New Yangon City, a 20,000-acre Chinese-backed project planned for the western edge of the city. This means, bidders will have a better outlook of participating in parts of the pr
Real-estate sector suffers from Covid-19 outbreak

Real-estate sector suffers from Covid-19 outbreak

According to two reports recently released by Colliers International, a real-estate consultancy with office in Yangon, both retail and office markets are suffering from the waves brought about by the Covid-19 outbreak. For the retail market, the repo

Industry asks for lower duties for Myanmar-assembled cars

Auto industry representatives have asked Yangon’s chief minister to lower import duties on unassembled cars. The request comes as domestic and foreign car makers look to boost production in Myanmar. During a meeting with Yangon Region Chief Min