All posts in 'News'

30May, 16

In a sudden reversal less than 24 hours after staging a power grab, Yangon City Development Committee members have agreed to step down. City Hall has been thrown into turmoil since Mayor U Maung Maung Soe announced revisions to the by-laws governing the committee, effectively truncating the terms of currently serving members. The mayor’s amendment ... more

30May, 16

The construction ministry has drafted an urgent plan to build 8000 low-cost housing units in Yangon to be sold for less than K10 million each to the city’s low-income residents. Housing will be built in Mingaladon and Dagon Seikkan townships, said U Min Htein, director general of the ministry’s Department of Urban and Housing Development ... more

30May, 16

Introducing water taxis could relieve Yangon city congestion, a region MP told parliament yesterday in what some saw as the latest far-fetched proposal to solve the traffic issue. Daw Thida Maung, who made the suggestion, said the Nga Moe Yeik River that flows though many townships could help dissolves the daily gridlock. “If water taxis ... more

30May, 16

Handmade brick companies are going out of business, starved of skilled labour and turfed out of expensive premises, industry experts say. Once popular with builders, handmade bricks are increasingly being replaced by machine-made products, particularly on large construction sides. While customers often prefer handmade bricks, which are bigger and K10 cheaper, the machine-made variety is ... more

25Mar, 16

Yangon real estate agents are hoping the incoming government can breathe new life into the real estate sector, where sales have slowed over the past couple of years to a near-standstill, condominium units lie empty and a growing number of people are unable to afford basic accommodation.   Growth in the sector – and the ... more

22Mar, 16

 Investigators are interviewing staff from two government ministries following the leak to social media of information concerning requests for housing by three Union ministers. The Satetaramahi housing estate nears completion in Mandalay earlier this month. About 25 staff members in the Ministry of Construction and its Department of Urban and Housing Development are under investigation, ... more