Yangon designated Naypyidaw, north of Yangon, as the new administrative capital, and subsequently moved much of the government to the newly developed city. At any rate, Yangon remains the largest city, and the most important commercial centre of Myanmar. Yangon is located in Lower Burma (Myanmar) at the convergence of the Yangon and Bago Rivers about 30 km(19 mi) away from the Gulf of Martaban at 16°48' North, 96°09' East (16.8, 96.15). Its standard time zone is UTC/GMT +6:30 hours. Yangon has a tropical monsoon climate under the Köppen climate classification system. The city features a lengthy wet season from May
Yangon universities in the country, highlighting the extreme shallowness of talent pool in the country. The wealthy bypass the state education system altogether, sending their children to private English language instruction schools such as YIEC or more widely known as ISM, or abroad (typically Singapore or Australia) for university education. In 2014, international schools in Yangon cost at least US$8,000 a year. There are over 20 universities and colleges in the city. While Yangon University remains the best known (its main campus is a part of popular Burmese culture e.g. literature, music, film, etc.), the nation's oldest university is now mostly