News
Energy market opens up
Thailand has resumed liberalising its energy sector, opening it up to competition again after a decade of policy hiatus when global oil prices were well over US$100 a barrel. During this period, the costs of electricity and gas for the people were heavily subsidised by ...
Laos, Japan enhance cooperation
The relationship between Laos and Japan continues to grow and be fruitful, especially under the strategic partnership which has strengthened political, economic, and socio-cultural cooperation. This success was highlighted during a five-day visit to Japan last week by Deputy Prime Minister Dr Sonexay Siphandone when ...
Furniture fair exhibitors hoping for brisk trade
The Lao Furniture Association expects sales from the second Vientiane Furniture Fair to be held at Lao-ITECC from April 1-9 to reach 20-30 billion kip. The figure was announced by Vice President of the LFA, Mr Kongmala Phommalay, at a press conference in Vientiane last ...
Quang Ninh: Tonkin Gulf fishery logistics centre to be launched
The construction of the Tonkin Gulf fishery logistics center in Co To island district, northern Quang Ninh province, is expected to be put into operation in March, said Secretary of the district Party’s Committee Hoang Ba Nam. The project, started in 2009, has a total ...
Students use seafood waste to grow safe vegetables
Two students in Can Tho City are using waste from seafood processing factories to create microbiological sludge to grow safe vegetables and ornamental flowers. Nguyen Huu Huy Hao, a third year student of the Can Tho Economics & Polytechnic College, and Phan Hong Muc, a third ...
Regions can approve up to US$5m investments
The maximum amount of investments which can be approved by regional and state governments has been set to US$5 million. Region and state investment commissions will now be able to approve proposals without having to seek permission from Myanmar Investment Commission, according to an announcement ...
Nippon Foundation supports IDPs
Pledging to maintain peace, the Karen National Union has called on the Myanmar government and international organisations to work together to help internal displaced persons in the Kayin State. KNU chairman General Mutu Say Poe said IDPs, who fled to Thailand during the conflict with the ...
Pyidaungsu Hluttaw told 44 state projects should be suspended
As Myanmar moves to slash government spending, the Pyidaungsu Hluttaw was told that 44 of 52 projects by state-owned enterprises should be suspended. This was following a study by the assembly’s joint committees into the budgets for state-owned projects for the coming fiscal year. After ...
Pharmacies selling unregulated drugs to face legal action
Pharmacies in seven townships in the Mandalay district area found to be selling unlicensed and expired drugs will face severe action, including the closure of their stores, under a proposal submitted by the Food and Drug Administration (Mandalay branch) to the Mandalay regional government. The proposal ...
Myanmar garment industry body denies use of child labour in factories
Despite recent international reports which accused some garment factories in Myanmar of labour abuses, top executives of Myanmar Garment Manufacturers Association said last week that the industry did not accept the use of child labour, in line with the standards of International Labour Organisation. Some international ...