Myanmar Times
Land compensation issue remains unresolved
Although a verbal promise had been made for compensation to be paid for lands which were seized from a subsidiary of a Chinese firm Wanbao Mining, Myanmar Yang Tse is still operating the Sabetaung and Kyisintaung mines beside Letpadaung.The lands have been seized twice, between ...
Chinese traders prefer Hpakant over Mandalay gems market
Buyers from China have found it much easier to do business in the mines of Hpakant than in Mandalay’s Maha Aung Myay Gems Trading Centre, the city’s largest emporium which features more than 1000 shops, especially if they want to buy raw or uncut jades. “I have ...
European Chamber chief voices scepticism against the BRI
Filip Lauwerysen, executive director of the European Chamber of Commerce Myanmar, wrote to The Myanmar Times and said that the Myanmar government and businesses should be cautious about the BRI, a scheme which he saw as a move by China to align the terms of trade and ...
Elderly get timely food, medicines
Poor elderly folk living in Mandalay City are being cared for with medicines and food during this season when temperatures can soar, said U Soe, secretary of the Ma Naw Kyar Phyu Blood Donor and Charity Association. “We help provide essentials to the poor and ...
China and Myanmar to set up border economic cooperation zone
A join-committee for the establishment of China-Myanmar Border Economic Cooperation Zone would be formed within the year in a bid to boost border trade between the two countries, according to the Ministry of Commerce. The committee would be headed by the commerce ministers from both Myanmar and ...
MIC green-lights Nga Yoke Kaung offshore supply base
A proposal to construct an offshore supply base for offshore blocks on a 30-acre company-owned land, at Nant Thar Pu village in Nga Yoke Kaung sub-township (Nga Pu Taw township), Pathein, Ayeyarwady Region, has been approved by Myanmar Investment Commission, Myint & Associates Offshore Supply ...
Joint-venture granted licence to trade machine oil
Myanmar Investment Commission has granted a licence to Puma Energy Asia Sun, said U San Myint, deputy director general from the Directorate of Investment and Company Administration. The licence allows the firm to conduct domestic retail and wholesale business for machine oil. PEAS Company started on ...
Confusion over water transport service implementation arises
The government has chosen the company which will operate the water bus service on the Hlaing River and Nga Moe Yeik Creek, said Daw Nilar Kyaw, regional minister of electricity, industry and transportation, on May 22 at a regional parliamentary session. The company Tint Tint ...
Pyithu Hluttaw nod for increased land, water, embankment tax
A proposal urging the Union government to increase land, water and embankment taxes on farmers to be compatible with the times has been approved by the Pyithu Hluttaw on May 22. It was submitted by Ayeyarwady Region, Thapaung township Hluttaw MP U Thein Tun during ...
Myanmar included in assessment on emergency disaster response
A baseline assessment on emergency disaster response will be done by Asia Disaster Preparedness Center (ADPC) in six countries, including Myanmar, in the last week of May and lasting for about a month. The assessment is a three-year project titled: Strengthening Emergency Response Capacity of Local Humanitarian ...
