Theingyi Market

Theingyi Market, formerly Surati Bazaar, is the largest traditional market in downtown Yangon, Myanmar, spanning Latha and Pabedan Townships. The present-day Theingyi Market complex houses 1,156 wet and dry market shops.

History

Theingyi Market has its origins in the pre-colonial days, where market stalls were set up around Kyaik Myatthancho Pagoda, one of the nine revered "Maha Thein" pagodas.
Originally known as the Surati Bara Bazaar, it was established in 1854 by Surati merchants using local materials like bamboo and thatch. Fires subsequently broke out, in 1855, 1857, 1868, and 1905.
Over time, the market became colloquially known as Theingyi Market due to its proximity to the Maha Thein monastery. The market was officially transitioned into public ownership, and on 1 February 1954, under Law No. 26, it was formally designated as a municipal market under the Rangoon Municipal Corporation.
Building A of the complex was built in 1905, and houses 642 shops, while Building B was built in 1938 and houses 505 shops. Buildings C, D, and E were demolished and rebuilt in 1988. The latest market structure was opened in 2015.