The Ministry of Construction has drafted and sent the Construction Industry Development Bill to the parliament aiming to standardize all the requirements and standards for real estate development. This bill, developed with assistance from KOICA in 2018,  also aims to make sure the quality of the buildings is met, which...
Written by Andrew Delaney Last year, Thailand was the third-largest foreign investor in Myanmar at $6.6 billion in 2018-2019 following Singapore then China. However, due to the unofficial border trade, this figure understates the value of the trade relationship. Thailand has the longest border with Myanmar at 2,416 km. Myanmar shares...
The Yangon City Development Committee (YCDC) has received over 1,000 building permit applications through the Yangon Building Permit System (YBPS), a fully automated system making all processes related to building permits including inspection requests completely online, significantly improving processing times, in just five months of operations. The YPBS was designed...
The junta's Ministry of Commerce has proposed to set the price floor for unhusked rice at MMK560,000 per 100 tins for the rice grown in the rainy season and summer of 2021-2022, at the Work Committee meeting held in the last week of August. U Nyunt Aung, Deputy Minister of...
TIn Mg Oo/Myanmar Business Today A memorandum of understanding on workplace safety, healthcare and capacity building trainings was signed by the Myanmar Construction Entrepreneurs Federation (MCEF), Confederation of Trade Union Myanmar (CTUM) and Myanmar Federation of Construction and Logging Workers on December 3, the very first agreement of its kind...