News

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 ...

Forest department investigates sizeable seizures of smuggled timber

The forest department has launched an internal investigation in response to sizeable seizures of smuggled timber since late January. On Jan. 24, authorities seized more than 30 tons of smuggled teak from two containers at the Myanmar Industrial Port in Yangon. Further investigations led to ...

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 ...

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 ...

‘Success story’ Thilawa SEZ set to launch its second phase

More than three years after the start of the Japan-backed Thilawa special economic zone, Myanmar launched the development of its second zone in the presence of dignitaries from both nations including Vice President Henry Van Thio. Set Aung, deputy governor of the Central Bank and ...

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 ...

Water experts: Myanmar needs to prepare for climate change

With the threat of climate change and population growth, Myanmar – a nation rich in water resources – has to put in place proper measures to ensure water security for the future, experts said. National University of Singapore’s Assistant Professor Dr Winston Chow, who has ...

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