A Chinese firm involved in a planned US$2.5 billion redevelopment of Yangon Central Railway Station appears on the brink of collapse, with creditors launching legal action to recover loans made to the company.
Myanmar's junta failed in an attempt to auction Aung San Suu Kyi's lakeside mansion on Wednesday, with no bids submitted for the former democracy leader's home – the third time the sale has flopped.
BY AFP