Wednesday, February 10, 2016
The Myanmar Times
The Myanmar Times

White House adviser hints Myanmar vote could lead to US sanctions relief

A key White House adviser suggested yesterday that fair elections in Myanmar this weekend could lead to sanctions relief and improved ties with the United States.

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Lower rates see real estate tax revenues plummet 61pc

Half-year figures show that new tax rates for real estate transactions – introduced earlier this year to boost overall government revenues – have not had the desired effect.

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Property investors consider overseas opportunities

As Myanmar’s property sector remains in the doldrums, at least pending next month’s election, some would-be buyers are beginning to consider whether better opportunities lie overseas.

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Heritage patch-up jobs could improve under new law

At the corner of Merchant and 37th streets, between layers of peeling white and yellow paint, the words Burma Translation Society are written across a building owned by the Ministry of Information.

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Proposal to open Yangon City Hall to the public in limbo

A proposal to open the downtown headquarters of Yangon City Development Committee to the public have been on hold for almost a year, according to an official.

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Yangon’s not-so affordable housing

Apartments in two pilot affordable housing projects on the outskirts of Yangon look likely to be a bit less affordable than anticipated.

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CQHP warns against low-quality construction materials

Some construction materials are being falsely marketed as high-quality, when in reality they are sub-standard, the head of Myanmar’s high-rise building regulator has warned, as concerns mount over poor quality building practices.

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Real estate enters election shutdown

Real estate agents in Yangon say the property market has fallen totally silent over the past week, with almost no deals signed.

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