The Myanmar Times
Tuesday, 02 September 2014
The Myanmar Times
The Myanmar Times

Zawtika spurs growth in state gas export revenue

The state’s daily revenues from natural gas exports now reach US$15 million a day, driven up by the beginning of exports from PTT Exploration and Production’s Zawtika offshore project.

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RTAD looking to limit imports to left-hand drive

Left-hand drive cars may soon be the only vehicles allowed to be imported to Myanmar if some government officials get their way.

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Tackling the infant industry debate

Although most experts agree on some room for an industrial policy, the level of protection for new industries is a matter of fierce debate. Economists have debated how much is too much protectionism for future export-oriented industry in the country.

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Potential strong for Yunnan trade

Myanmar and Yunnan officials tout stronger trade links, though a lack of standards is still a problem

 

 

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Telenor addresses underage labour

Telenor has found 19 confirmed and suspected cases of underage labourers in its supply chain as part of its ongoing sustainability initiatives, according to Telenor Myanmar CEO Petter Furberg.
 
 

UPS comes calling with freight forward services

United States-based logistics and shipping firm UPS announced the introduction of its freight forwarding services to and from Myanmar on August 19.

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PwC fined for scrubbing reports on sanction violations

New York state fined accounting firm Pricewaterhouse Coopers US$25 million and suspended some consulting work for two years after finding the company hid a Japanese bank's US sanctions violations.

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Controversial oil pipeline not yet pumping

There is no start date in sight for the controversial South East Asia Crude Oil Pipeline (SEAOP), although construction work has been nearly finished for almost a year.

 

 

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Timber tender to feed domestic sawmills

Thoundsands of tonnes of timber will become available in Yangon and Mandalay Region as the government announced a large tender to process and export the already felled logs.

 

 

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UMFCCI annual meeting tame compared to last year

The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) held its annual meeting last week without the public opposition by some of its members to financial results that took place in 2013.

 

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