The Myanmar Times
Wednesday, 29 July 2015
The Myanmar Times
The Myanmar Times

Mango farmers frustrated by money changers in Muse

The Ministry of Commerce is working to arbitrate a Mandalay dispute between mango farmers and the Muse money changers they claim are giving them an unfair deal.

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Indian ambassador talks ports, roads and solar power

As the first meeting of the India-Myanmar Joint Consultative Commission (JCC) concludes in New Delhi, Gautam Mukhopadhaya, ambassador of India to Myanmar, provides an update on ambitious plans to improve connectivity between the two countries.

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MPT cuts landline cost as sales slow

MPT has reduced fixed phone-line installation fees in a bid to boost flagging demand for the connections as mobile takes off.

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Myanmar Investments raises $20 million in London as it lines up projects

Myanmar Investments International Limited (MIL) raised US$19.94 million on the AIM market of the London Stock Exchange yesterday, as the company lines up several potential new investments in Myanmar, according to managing director U Aung Htun.

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Villagers fret over factory’s restart as equipment stays put

A Tin processing factory in Pyawbwe township of Mandalay Region has been ordered shut, but the factory’s property has not been moved or transferred.

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Tata works to get more out of domestic agriculture exports

About 80 percent of Myanmar’s exports of beans and pulses go to India, with lesser amounts going to Pakistan, Bangladesh, Europe and the United States. Myanmar competes against other growers, including Canada, Mozambique, Tanzania, Sudan, Malawi and Senegal.

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SPA Group tops Web transparency report

Serge Pun and Associates Group climbed eight spots to take top place in this year’s Transparency in Myanmar Enterprise/Pwint Thit Sa report.

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Yangon Region gas pipeline to finish up next month: MOGE

A new gas pipeline slated to supply Yangon Region’s power plants and factories will be complete in August, according to officials.

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Strong US dollar hitting car importers hard

The strengthening US dollar is negatively impacting the market for car imports, and car prices look set to continue to rise, said chair U Soe Htun from the Myanmar Automobile Manufacturers and Distributors Association (MAMDA) on July 18.

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Rice exports planned to the Philippines

Myanmar is in discussions to export rice to the Philippines, as it looks to diversify away from the Chinese market, according to U Ye Min Aung, secretary of the Myanmar Rice Federation (MRF).

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