News

Realty market attracts more buyers than investors amid stable rentals

REAL estate agents say that there are buyers to live in the property market and the rental market is stable. There are fewer investors than real buyers in the current real estate market. The rental market is stable with regular tenants due to people coming from other cities to Yangon for training and people moving in, while it has increased because of more relocations during the dry season, said an agent in Kyimyindine Township.

TOP-J applications open as of 27 Jan

APPLICATIONS, for TOP-J which is scheduled on 9 March 2025 in Yangon and Mandalay, will be accepted starting on 27 January, announced by Myanmar Association of Japan Alumni (MAJA).

Bagan Archaeological Museum receives K48M+ over 9 months

BAGAN Archaeological Museum located in NyaungU Township in Mandalay Region has received more than K48 million from the admission of local and foreign tourists over nine months of the current financial year, according to the Department of Archaeology and National Museum (Bagan branch) under the Ministry of Religious Affairs and Culture.
From April to December, 45,072 domestic travellers and 300 international travellers, totalling 45,372 visited there, said an official.

Myanmar’s famous tea leaf culture aims for UNESCO recognition

The cultural heritage of a country is often of special interest to international travellers. In the Bagan region and the hilly areas, foreign tourists are accustomed to drinking green tea and tea salad.

EV Bus

Yangon is going EV all the way. EV private vehicle boom has been encouraged by the government through the abolition of import taxes on EVs. The imports become so popular that some auto traders are setting up entities to operate taxis from unsold stocks. Then came the coaches. Some of the popular coach companies are using EV tour buses to ply Yangon – Nay Pyi Taw route.The tide is not ending there. Now, another company has planned EV buses to be used in public transportation service in Yangon, said an official of the company.

Details on 2020 Election Fraud on Website and App

Interested parties across the world can read the final findings in the investigation of “voting fraud and unlawful acts”, of 2020 general election on the website and mobile application, starting from November 22.

Terrorists carried out inhumane acts using explosive devices by capitalizing on unguarded moments of security personnel

In order to cause injuries to both peaceable civilians and administrative authorities who are striving to restore the rule of law, extreme terrorists provide financial assistance and instigate destructive activities, such as detonating explosive devices and remote blasting, against public roads, railways, government offices and houses.

Innocent Civilian Injured in Heavy Weapon Attack on Village by Terrorists

Insurgents committing terrorist activities have been engaging in battles, firing heavy weapons and improvised rockets and dropping bombs using drones into the public towns, wards and villages.

China’s highways to see record-high EV charging volume during Spring Festival holiday

THE electric vehicle (EV) charging volume on China’s highways is set to hit a record high during the upcoming Spring Festival holiday, according to data from the State Grid Corporation of China.
Daily highway charging volumes are expected to average over 7.5 million kilowatt-hours during the eight-day holiday which starts on 28 January, marking a 52-per-cent year-on-year increase, the data showed.

Greek parliament fails to elect country’s president in 1st round of voting

THE Greek parliament on Saturday failed to elect the country’s next president.
None of the four candidates secured the required minimum 200 votes out of the total 300 members of the assembly in the first round. 297 members participated in the voting.
Constantine Tassoulas, former parliament speaker and nominee of the ruling New Democracy party, received 160 votes, the most. The other three candidates each secured less than 50 votes.
A second round is scheduled for 31 January with the threshold also being 200 votes, according to the Greek constitution.