Myanmar Times

Mandalay to fulfill clean water demand by 2020

Mandalay City Development Committee’s Water and Sanitation Department has kicked off a plan to supply 100 percent of the demand for drinking water to all seven townships within the district by 2020. Currently, clean potable water supply in Mandalay is only available in five townships ...

Agricultural sector and SMEs to receive private bank loans

The Central Bank of Myanmar will make it compulsory for local private banks to grant a minimum percentage of their loans to the agricultural sector and the small and medium-sized enterprises sector, Central Bank director general U Win Thaw told the Myanmar Times. During a meeting held by ...

Mandalay GH short of blood, donors wanted

The Mandalay General Hospital — the largest medical facility in upper Myanmar — is facing a 30 percent shortage at its blood bank. National Blood Donation Bank pathology department specialist Dr Khin Mya Mon said many blood donors were needed to ensure the hospital’s blood ...

Yangon not budging on water festival stage ban

Despite criticism over the ban on commercial pandals, or stages, at the annual water festival last year, the Yangon Region government will not reconsider its decree for the upcoming Myanmar New Year festival, held annually in mid-April. Yangon Mayor U Maung Maung Soe told The ...

Villas to join Ngwe Saung

Ngwe Saung beach has seen an addition in its tourism industry. Having visited the beach resort area and been impressed by the scenery on offer, iGreen Construction Co decided to launch a villa-development project along the beach, targeting families visiting the area.​ The La Villa housing ...

ASEAN’s 50th year agenda: beyond the South China Sea?

This week’s smooth, relatively uneventful retreat by ASEAN’s foreign ministers appears to have put the grouping’s agenda on track for its 50th year, choosing to focus beyond the South China Sea disputes and set the stage for an April leaders’ summit that will put the ...

Plastic-free zone campaign at Mt Zwe Ka Bin

The first plastic-free zone campaign will be held at Mount Zwe Ka Bin from March 11 to 14. The campaign, which will be held simultaneously with the Tabaung festival in Kayin State, will involve about 350 volunteers from various organisations, including the Hpa-an Students Union, ...

Tax exemption on interest income questioned

The Ministry of Planning and Finance has issued a statement on February 19 that income tax will not be levied on interest from bank savings and deposits. The statement means that tax on interest from bank deposits will be exempted in the coming 2017-18 fiscal ...

SMEs in crisis due to failure to get bank loans

Small and middle-sized enterprises are facing a crisis due to difficulties in sourcing financing from banks, said the founder of City Mart Group of Companies, Daw Win Win Tint, “Not getting a bank loan means a catastrophe for the SMEs,” she said after SMEs Authoritative ...

How ‘evolving’ technology creates e-waste

Let me ask you a question. Are you periodically forced to buy a new laptop because the technology – hardware or software – in your current laptop is no longer supported even though it’s fully functional? The Microsoft Windows operating system is estimated to power about ...

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