The Myanmar Times
Wednesday, 29 July 2015
The Myanmar Times
The Myanmar Times

Authorities mull renting out low-cost housing

The Yangon housing market may be cooling, but homes are still well beyond what the average worker can often afford.

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Rain dampens mobile phone sales in rural areas

Handset sellers are blaming monsoon season for a slowdown in sales, particularly for wholesalers venturing into rural areas.

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Shwedagon campaign talks to high-ranking military officers

Two senior military figures have lent their voices to the Save Shwedagon campaign, which is aimed at forcing five developments near the famous pagoda to alter their plans or stop altogether, according to officials from the campaign.

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Sparse starting point for first New City

Driving northeast from East Dagon township along Number 2 Main Road, the city of Yangon fades away and is replaced by rice fields and idle land. The area is dotted with a few small villages, but given the distance between the area and downtown Yangon, it is thinly populated and underdeveloped.

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Mining locked up by difficulty of peace

Minning companies are eagerly following the Myanmar peace process, which may unlock large areas of the country to mining operations.

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Customers irate at futures trading firm

Unlicensed futures brokers have been accused of cheating large sums of money from clients who fear they will never be able to claim the money back because the companies are operating illegally.

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Myanmar property Awards 2

Condos and office for OEPG

OEPG office (photo below) nominated for: Best Office Development and Best Office Architectural Design

May Inya (photo left) nominated for:

Best Residential Architectural Design

Ocean  Emerald Pearl Group (OEPG) prides itself in the high level of materials that went into its office and residential project.

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Myanmar property Awards

Gems rises to the top

Nominated for: Best Residential Architectural Design and Best Condominium Design

Gems  Garden Condominium in Hlaing township comprises four 21-storey apartment blocks. Arranged in a U-shape to conform to the site, the project is designed with views and orientations of the main living spaces for its residents in mind.

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