The Myanmar Times
Thursday, 29 January 2015
The Myanmar Times
The Myanmar Times

Heavy metal: U Tay Za's 'uranium' find

Tycoon U Tay Za claims to have purchased uranium samples in upper Myanmar, and will return to the area in the future to search for a deposit.

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Roads slow Thailand trade

Thailand officials expect to boost bilateral trade with Myanmar by 20 percent in the coming year as progress is made on logistics and trade promotion, according to government officials.

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Experts cautious on stock market appeal

The planned stock market will likely not be a success straight out of the starting gate, though could eventually emerge as a worthwhile destination for investment, according to experts.

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Halt to liquor licences leads to informal deals

A clampdown on unlicensed liquor shops and a ban on new licences have created a robust secondary market for liquor licence permits and done comparativly little to prevent problem drinking, according to businesspeople.

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Deputy Minister lays out path to stock exchange

Up to 10 companies ought to meet the requirements to be listed on the Yangon Stock Exchange (YSX) when it opens in October – though these requirements have still not been released, according to deputy finance minister U Maung Maung Thein.

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No relief yet for air travellers

Plunging jet fuel prices have not yet brought relief to domestic airfare, even as some international carriers have begun cutting ticket prices.

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Petrol station problems lead to constant Thein Phyu queues

There is nearly always a line-up of cars waiting at the Max Energy petrol station on Thein Phyu Road. Often the queue stretches a few hundred metres south along the street, as drivers patiently wait for a chance to fill up.

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Overcoming ridicule to snap up selfie sticks

Love them or hate them, everyone has an opinion on the selfie stick.

 

 

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Budget shortfall to exceed forecast

The government will rake in less revenue for the current fiscal year than it initially expected, members of the Financial Commission said in Nay Pyi Taw on January 14.

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Caution urged before joining multilevel marketing firms

While some multilevel marketing companies offer legitimate ways for people to get involved in business, others stray dangerously close to pyramid schemes – and in Myanmar it’s usually buyer beware.

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