JobNet.com.mm, Myanmar’s leading online job search site, announced today the launch of the second edition of The Best Companies to Work in Myanmar campaign after a 2 year break. The campaign returns for the second edition aiming to recognize and celebrate top companies in Myanmar based on employee engagement...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Mortgage loans stimulate the sluggish local real estate market, which has been seeing lower demands during the devastating COVID-19 pandemic. “Most of the properties sold are through banks. Huge projects such as Star City offer apartment units with bank loans. There are very few transactions of high-priced properties...
Part 1 of the Yangon Elevated Expressway project is estimated to cost $800 million, according to U Han Zaw, Union Minister of the Ministry of Construction, at the meeting by Steering Committee on Implementation of Yangon Elevated Expressway and Outer Ring Road. The meeting was held to discuss the...
Yangon Gold Enterpreneur Association (YGEA) is working on innitiating Paper Gold scheme, which allows people to trade gold using the gold certificate issued by the banks. Under the paper gold system, gold is deposited at the banks as assets, for which the banks issue certificate equivalent to the deposited gold....
The local gold price when the market closed on Friday, September 10, was at K1.91 million per tical compared to K1.855 million on September 13 representing around a K50,000 drop over the weekends. (tical= 16.3 g) Global gold price is USD $1,789 per ounce on September 13. The local gold price...
vol 7 , Issue 43 Marga Landmark has officially opened its door Yangon’s first retail walking street, “The Central Boulevard”. Located along Inya Lake and directly underneath The Central, Marga Landmark’s luxury mixed use development is located at the corner of Kanbe and Kabar Aye Pagoda Road. “The Central Boulevard is...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Yangon’s real estate rental market sees lower rental fees as landlords lower their rental fees due to lower demands.  “There are some activities. But rental fees are lower,” an official from Myanmar Real Estate Services Association, told Myanmar Business Today. Transactions in the real estate sector almost stopped during...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Real estate service providers in Yangon hope to see the local real estate market, which has been inactive since early April, recovers in upcoming weeks. "We hope the real estate market, both rental and sales, will get better soon since there is a possibility of opening up to...
Germany-based international wholesale company METRO has announced that it will cease its foodservice distribution business in Myanmar due to the volatile investment and business environment in the Southeast Asian country, which is expected to continue for some time. "We made this decision with regret because we started 2019 with positive...
Retired government employees can now apply for tenancy at the rental housing recently built by the Ministry of Construction in Dekhina Thiri Township, Naypyidaw, according to an announcement by the ministry. Eligible applicants are retirees in low pension income groups who do not own housing. The ministry will give priority...