HOUSE OF THE WEEK
Ideal rental for small family
THIS one-storey, 1225 square-foot house in Tarmwe township is ideal for a small family. Located a convenient 20 minutes from downtown in Nat Chaung Street, off Kyaikkansan Road, it also has a compound of 4800 square feet, a rare size for the location, and well worth the K200,000 monthly rental. more
Traditional drum makers wait for buyers
MAKERS of Myanmar traditional drums are looking for new opportunities to tap foreign markets, rather than continue to rely on local buyers. (Volume 26, No. 514)
Vietnam set to grow rubber in Myanmar
VIETNAMESE rubber firms plan to grow 200,000 hectares (494,200 acres) of rubber in Myanmar in the face of land limits at home, Vietnamese media reported March 8. (Volume 26, No. 514)
Minister urges local firms to register
MORE than half the companies in the country are operating illegally, the Minister of Industry has warned. U Aung Thaung, Minister of Industry (1), and also the chairman of the Myanma Industry Development Committee, told the annual meeting of the Myanmar Industrial Association in Yangon on March 6 that thousands of firms had failed to register as required by law (Volume 26, No. 514)
Govt orders mesh size increased on fishing nets
FISHERMEN must use bigger-gauge nets as a conservation measure as from September 1, the government has ordered. But some industry sources say that unless the measure is also enforced on illegal boats, it will not work. (Volume 26, No. 514)
Cheap food imports concern trade body
CHEAP imported food and medicines could be a health hazard, and may even have forced the closure of local firms that could not compete with their low prices, officials say. (Volume 26, No. 514)
India dumps Myanmar pulses deal
NEW DELHI – The Indian government may have to import pulses through small tenders after it officially scrapped plans to procure 750,000 tonnes of pulses from Myanmar. (Volume 26, No. 514)
Commodity price wrap
COMMODITY prices generally remained steady in the second week of March, according to traders at the Bayintnaung Wholesale Commodity Exchange Centre and township markets. (Volume 26, No. 514)
Agents applaud sales tax break, eye August renewal
REAL estate professionals are waiting to see whether the government will extend a tax break, brought in two years ago, which they say has helped re-energise the property market. (Volume 26, No. 514)
Myanmar Infotech set to construct new building at compound
THE Myanmar Computer Federation (MCF) and a number of associated organisations are planning to build a new office block in Hlaing township, according to U Khun Oo, president of the Myanmar Computer Professionals Association (MCPA). (Volume 26, No. 514)
