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Myanmar: Property sales expo to be held in Mandalay

Mandalay’s Hilton Hotel will host a property sales expo on August 4 and 5. The expo will feature condominiums in Yangon and the nine projects in Mandalay Region, according to U Kyaw Si Thu, director of Success Property Consultant. High-end condo projects in Yangon such as Golden City, Kanbae Towers, River Front Garden, May Inya, […]

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Thai ambitions target Myanmar

Myanmar’s new foreign direct investment act is expected to attract more Thai investment in the neighbouring country, says the head of the Thai Business Association of Myanmar. Myanmar’s ambition to promote marine tourism along the virgin beaches of the Bay of Bengal has attracted Thai tourism operators. Association president Surasak Keeratichokechaikul said that once the […]

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Myanmar’s economic future hinges on reforming state-owned enterprises

State -Owned enterprises (SOE) play dominant roles in Myanmar’s economy. Collectively, they generate about half the government’s revenue, spend half the government’s budget, and regulate much of the formal economy – from forestry to telecommunications to mining. Yet these entities have remained “black boxes”, with their activities and finances shrouded in secrecy. Over the past […]

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