The Myanmar Times
Saturday, 23 May 2015
The Myanmar Times
The Myanmar Times

Inflation pushed up by range of factors

Inflationary pressure is coming from several directions this year, pushing up prices for a range of local goods, according to experts.

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Importers angry with parking rule

The government is not doing enough to provide car parking, even as it demands proof of a parking spot for each new vehicle import, according to car importers.

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How currency exchanges deal with rules – or dodge them

It's not exactly the return of the black market – more of a brownout market, perhaps. But as the US dollar continues its rise against the kyat, evidence is growing that some money changers are profiting from the spread between the reference rate set by the Central Bank and what customers are willing to pay.

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Betel vendors shrug off tobacco trouble

Local businesspeople said they are unconcerned about the future of betel nut chewing even as health advocacy groups push for lower tobacco use worldwide.

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Mitsubishi, Hitachi to invest $20m in domestic train network

Riding on Myanmar’s antiquated railway network is not an experience for the impatient or infirm. American travel writer Paul Theroux, in The Great Railway Bazaar, quotes a policeman on the Yangon-Mandalay line as it breaks down for the fourth time.

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Mon State fishery department’s first auction of smuggled fish hindered by police health warning

A consignment of smuggled seafood captured by a customs and police team in Mawlamyine has been handed over for resale by the local fisheries department for the first time.

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Local brands more competitive than foreign firms: Anthem

Anthem Asia will continue to seek investment opportunities among local companies, director Peter Witton told The Myanmar Times.

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Sliding kyat leaves online shops owners holding currency risk

Ma Aeint Myat’s “Love Portion” shop is in the business of women’s wear and cosmetics.

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Coal provokes debate

The concerns of civil society must be taken into account and strong technology must be used if the negative effects of coal-fired power generation are to be minimised, according to experts.

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German chamber comes to town

The German Myanmar Business Chamber launched last week, becoming the first membership organisation in the country specifically for German businesses and their local counterparts.

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