Construction of a three-storey shopping mall at the Public Square which is adjacent to one of most revered Buddhist site, the Shwedagon pagoda, in Yangon has attracted widespread criticisms, as the mall will obstruct the scene of the pagoda from the nearby areas.

Myanmar is going to form a trade facilitation task force to streamline export and import procedures and cut red tape in the government departments, according to the President Office’s Minister Tin Naing Thein.

Yangon International Airport's authorities are planning to allow privatization of import cargo services, according to the release.

Myanmar Microfinance Bank (MMB) offering half the current interest rate for small loans will be launched some time this year, according to the banking communities.