The Myanmar Times
Tuesday, 30 June 2015
The Myanmar Times
The Myanmar Times

Carlsberg head taps into local market

Carlsberg aims to make a splash in the Myanmar beer market with its new US$50 million brewery in Bago Region commissioned in March and launched in early May.

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Thai companies plan offshore LNG facility in Myanmar

Thailand's state-owned PTT is going to invest in a liquefied natural gas (LNG) terminal project in Myanmar, according to a Reuters report.

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Importers complain of car parts gone missing at Yangon ports

Sticky fingers are lifting spare parts from imported vehicles at the ports, according to vehicle traders.

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Ministry of Energy stays mum on 2016 bidding

Further bidding rounds for offshore oil and gas blocks are likely to come in 2016, though government officials and Myanma Oil and Gas Enterprise have so far declined to confirm or deny plans.

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Foreigners flock to jade emporium

Hundreds of merchants from China to Malaysia flocked to Nay Pyi Taw on June 26 to inspect jade and other precious stones at an annual auction that offered a glimpse into the country’s notoriously murky but lucrative gems industry.

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Professor urges look at history to guide economic future

Myanmar can look to its past for inspiration as it grapples with finding a suitable model for economic development in the future, according to economist Sean Turnell.

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Nay Pyi Taw’s hotel conundrum

After an extensive building binge, as the jubilation of hosting two major regional events subsides the government is seriously assessing how best to attract people to Nay Pyi Taw’s hotels. As the city’s 10-year anniversary approaches, it remains disconnected from the world. The question is becoming ever more critical – what next?

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Companies eye LNG potential

Imports of liquefied natural gas (LNG) are likely to begin in the future due to growing energy demand in the country, according to officials.

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Indian gate closed for unusually long time

The main official border gate to India in Tamu, Sagaing Region, has been closed for 12 days, as local traders blame rising customs duties and a nearby military raid.

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Banks keen to experiment before credit bureau arrives

Banks are tentatively beginning to offer new types of products, but it would be easier with a credit bureau, according to banking sources.

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