HOUSE OF THE WEEK

Three-storey Mayangone villa

MAYANGONE township is the setting for this three-storey villa with oodles of space and mainstream taste. The pillar- and balcony-heavy façade gives a strong indication of what lies inside- more

Yangon Weather Forecast, Burma

Japanese delegation visits Myanmar to consider investment

FIFTY representatives recently visited Myanmar to assess the nation’s investment potential, and could one day inject some sorely needed foreign direct investment (FDI) into its manufacturing industry. (Volume 26, No. 507)

Industry groups work to strengthen sugar trade

MYANMAR’S sugar industry must become more competitive if it is to survive once sugar imports are allowed in 2015, industry groups say. “In 2015, the ASEAN Free Trade Area (AFTA) will come into effect in Myanmar. At that time, our sugar industry needs to be more competitive in the region to survive, as cheap, high-quality sugar will be available from other Southeast Asian countries,” (Volume 26, No. 507)

Agriculture loans boost production

A TOTAL of K50 billion, or about US$50 million, in loans and assistance has already been provided by private companies to rice farmers in the 2009-10 year to develop the industry, an industry source said last week. (Volume 26, No. 507)

Diesel price continues to climb

SUPPLY shortages have pushed up the price of diesel by 10 percent compared to last month, local dealers and consumers say. (Volume 26, No. 507)

Factories await EU certificates

EIGHT Myanmar factories are waiting to receive a key certificate that would enable them to export fisheries products to European Union countries. The document is a so-called IUU certificate, a guarantee that their products are not illegal, unreported or unregulated. (Volume 26, No. 507)

Housing and building exhibition

UP to 160 stalls will be displaying their wares at the first Housing and Building Exhibition 2010 from February 5 to 8 at Tatmadaw Hall in Dagon township, according to its organiser, International Exhibition Management Service (IEMS) Company. (Volume 26, No. 507)

Max Myanmar building NPT stadium

BIGGER, better and longer characterises construction in Nay Pyi Taw, and the city is now set to receive a new sports stadium in a bid to host the 2013 Southeast Asian Games. (Volume 26, No. 507)

NDCG hands Pyay Towers over to Max Myanmar

MAJOR construction company Max Myanmar has acquired a 60 percent stake in one of Yangon’s most prominent new developments for K5 billion. The company has bought out the four private companies that, together with the Myanmar government, were building Pyay Tower, in Pyay Road, Kamaryut township. (Volume 26, No. 507)

Opening date set for 300-room downtown hotel

AFTER 15 years and almost US$100 million of foreign investment, one of the country’s largest hotel construction projects is nearing completion..

UN praises Myanmar govt for anti-human trafficking efforts

MYANMAR and its Southeast Asian neighbours are at the forefront of efforts to combat illegal trafficking in people, an international gathering in Bagan heard this week

Govt guarantees security of workers in Jordan

THE Myanmar government has stepped in to help ensure the security of Myanmar women workers in Jordan after a factory-floor fight that left several of them injured.

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Myanmar photographer awarded prize

WINNERS of the Asia-Europe Meeting (ASEM) Interfaith Cultural Photography Contest were announced earlier this month, with Myanmar photographer La Minn Naing picking up a complimentary prize.

Exhibition covers past through covers

THE Myanmar Traditional Artists and Artisans Organisation recently held an exhibition of magazine front covers that featured in Shumawa magazine. The monthly magazine was founded in 1946 by Shumawa U Kyaw and turned out its first issue in June 1947.