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.
As Burma’s economy begins its slow path to revival, one sector is already booming: the property market.
Son of late Karen leader Bo Mya’s house also searched as Burmese army confiscates military paraphernalia from breakaway Karen force
Businessmen close to Burmese government benefit from mass auctioning of formerly public-owned property as privatisation sweep continues
Feb 18,2010 (DVB)-Authorities in Mandalay have auctioned out a shop space owned by a National League for Democracy member currently in prison in connection with 2007 monk-led protests. Win Mya[…]
Oct 10, 2007 (DVB), Five Pakokku residents, who were arrested last month as part of the government crackdown on demonstrations, have been given long-term prison sentences. U Pike Ko, a[…]
Sep 07, 2007 (DVB)
Myanma Railways has selected a consortium led by Singapore-based Oxley Holdings to carry out a $2.5 billion redevelopment of the Yangon Central Railway Station. The project is expected to turn the station and surrounding area into a futuristic transportation hub along with commercial amenities and housing.