Business Development Lead Story News Video
Property market unmoved by ‘New Rangoon’ project
In Rangoon’s southwest a cluttered city skyline immediately gives way to lush green farms— that are now worth tens of thousands of dollars each.
Business Lead Story News Property Rangoon
Dagon City hits the rocks
The Burmese government orders the cancellation of the Dagon City real estate projects due to public concerns about their proximity to Shwedagon Pagoda.
Business Lead Story News Property Rangoon
Thai property giant views Rangoon office space
CP Land Plc plans to pay US$16 million this year to take over an office building in Rangoon.
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Burma’s land prices scare off Thai firm
Saha Group, Thailand’s leading consumer product conglomerate, has scrapped plans to set up an industrial estate in Burma, citing high land prices.
Business Weekly Lead Story News Pegu Division Trade
Business weekly 8 May 2015
Telenor posts record revenues; Carlsberg opens beer factory in Pegu; Burma poised to be leading rice exporter; and rents in Rangoon on the rise.
Govt to confiscate idle industrial zone land
Rangoon’s divisional government will confiscate land from individuals who have purchased more than 4,000 acres of industrial zone land without operating businesses there.
Land Lead Story News Property Rangoon
Land sales plummet following Rangoon New City project suspension
“We have gone from what was essentially a gold rush to virtually no buyers whatsoever,” a property broker from Rangoon’s Twante Township, Myint Oo, told DVB.
Business Development Lead Story News Rangoon
Mayor hits brakes on Rangoon expansion plan
Rangoon’s divisional government has withdrawn a controversial proposal to extend the city limits, just ahead of a scheduled debate in the regional parliament on Friday.
Lead Story News Politics Property Rangoon
Rangoon expansion plan brought before regional parliament
A controversial urban expansion plan for Burma’s former capital, Rangoon, was brought before an emergency session of the regional parliament on Monday.
Business Business Weekly Lead Story News
BURMA BUSINESS WEEKLY: 12 September 2014
ADB predicts 9.5% growth by 2030; South Korea to sponsor US$20m development institute in Burma; MSF Holland signs MoU on disease control; Indonesian firm WIKA to build $125 million tower in Burma;
Business Development Lead Story News Rangoon
Land prices skyrocket after unveiling of Rangoon development plan
The announcement that Rangoon’s divisional parliament had approved a proposal to implement a city expansion plan has caused land prices to skyrocket overnight in areas earmarked for development west of the city.
Development Lead Story News Property Uncategorized
Serge Pun and partner to develop hotel at former railway HQ
Yoma Strategic Holdings Ltd (YSH) and Hongkong and Shanghai Hotels Ltd (HSH) announced on Monday that they will partner on the development of the Peninsula Yangon [Rangoon], a five-star resort that will incorporate the 1880s structure into a more modern type of travel hub.
Development Land Lead Story News
Awaiting eviction, Dagon Seikkan’s denizens have nowhere to go
Up to 80,000 residents of informal settlements in wards 61, 67 and 93 of Rangoon’s Dagon Seikkan township are on-edge after a deadline to leave their homes or face eviction came and went without incident last Sunday.
Business Lead Story News Property Video
Foreign businessmen go homeless in Rangoon
Rangoon is facing a shortage of suitable housing as more and more foreign investors flock to the country to do business.
Real estate prices skyrocket in Pegu
Land previously valued between 200,000 and 300,000 kyat (US$200-$300) per 80x100ft plot, has skyrocketed to over 100 million kyat – a breathtaking 500 times the price of just two or three years ago.
