The Myanmar Times
Thursday, 21 August 2014
The Myanmar Times
The Myanmar Times

Delegation to legalise rice trade with China

Three members of a Chinese committee governing import standards will visit Myanmar in September to start negotiating an agreement to legalise rice exports, said officials from the Myanmar Rice Federation.

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Confusion reigns with taxi licences

Taxi drivers say they are still confused about the legality of operating their cabs with out-of-region licence plates inside Yangon.

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Development could be helped by bringing workers back home

As Myanmar starts leaping down the path of economic development, many around the world are getting excited.

 

 

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U Tay Za cools on possible bank sale

Prominent entrepreneur U Tay Za may not sell his controlling stake in Asia Green Development Bank (AGD) to investors including U Ne Win’s grandson after all, he said on August 12.

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Fish farmers to try different species to boost flagging exports

Fish farmers are beginning switch to different types of fish to boost farm yields, said Daw Toe Nandar Tin, vice chair of the Myanmar Fisheries Product Processor and Exporter Association.

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US to waive timber sanctions for one year

The United States Treasury Department granted a special one year licence beginning in late July for certain US companies to trade with Myanma Timber Enterprise and other members of the timber industry currently under sanction by the United States.

 

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Investigators uncover smuggling attempts

Customs investigators uncovered more than 50 violations of import-export licence regulations at the country’s major air and sea ports in July. Officials of the Illegal Trade Prevention and Supervision Control Committee said the cases involved the importation of unlicensed goods, or goods not covered by an existing licence.

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Thai firm PTT begins natural gas exports from Zawtika site

Natural gas is now being exported from the Zawtika offshore site to Thailand, company officials said on August 5.

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Farmers stick with old methods due to costs

Farmers are shunning more modern methods of planting rice as too expensive even though they admit the measures increase yields.

 

 

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Growth for digital cash

Central Bank officials are urging more commercial banks to take up electronic banking.

 

 

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