Bangkok Airways is exploring adding Bagan and Myeik to its list of Myanmar destinations. But the Department of Civil Aviation (DCA) says there are no immediate plans to open up more airports to Thai firms, a move that would likely anger local airlines.
Sagaing Region authorities are launching a crackdown on small-scale gold mines that, they say, contribute to environmental degradation. But concern is growing that larger companies, which are licensed at the level of the Union government, may be allowed to continue operating.
Rising trade and more foreign investment could be on the way, says the World Bank, but warns that careful steps are required to ensure they provide inclusive growth and reinforce rather than undermine the country’s peace process.
Officials from firms planning to launch their shares on the Yangon Stock Exchange have not been dissuaded by price fluctuations on the country’s new bourse, and are pushing on with the listing process.
The government is planning to make the extension of jade mining permits in Hpakant and Lone Khin that are due to expire this year contingent on an environmental assessment, an official from the Department of Mines has said.
Savers will go to the head of the queue when it comes to allocating low-cost housing, a bank chief says. U Win Zaw, managing director of Construction and Housing Development Bank, says people who deposit K100,000-K200,000 a month toward the cost of a home will get first priority.