Wednesday, May 25, 2016
The Myanmar Times
The Myanmar Times

Agriculture ministry lowers machine fees

The Ministry of Agriculture, Livestock and Irrigation will lower the fees it charges for providing farming services as part of its action plan for the first 100 days under the new government.

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MADB raises interest rates for rice farmers

Rice farmers will have access to larger loans this rainy season – but must also pay higher interest rates.

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Logistics partnership eyes Myanmar power

A newly signed consortium agreement will see Thai-headquartered firm CEA Project Logistics and Italy’s Fagioli combine their efforts to win market share in Southeast Asia, including in Myanmar’s power sector.

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Myanmar firms take fancy to helicopters

Bell Helicopter is taking its 412 EPI model on a five-month demonstration tour across Asia-Pacific starting in Myanmar, where private sector firms have begun to show an interest in helicopters, according to the company’s local dealer.

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Commerce ministry to tackle container crisis and trade delays

Government departments need to negotiate to solve logistics problems at Yangon Port as soon as possible, while a Trade Facilitation Committee – set up under the previous government – will be fully implemented as part of an effort to boost exports, minister for Commerce U Than Myint told The Myanmar Times.

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Europe to seek green light for ASEAN-EU airline agreement

The European Commission (EC) will ask its council of ministers in June for permission to negotiate an aviation agreement between the European Union and the Association of Southeast Asian Nations – the first bloc-to-bloc aviation agreement for the EU.

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Crystal Jade comes to Myanmar

Singapore-Based restaurant chain Crystal Jade will break into the Myanmar market this year, opening two outlets in Yangon with others to open across the country from 2017, the firm announced yesterday. Singapore Myanmar Investco (SMI) has entered into a franchise agreement with Crystal Jade to operate the firm’s first Myanmar outlets.

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Right advice could make Yangon green and gold

By following expert advice, Yangon could become not just a green city, but a golden city, Yangon Region Chief Minister U Phyo Min Thein has told a meeting of town planners. Long-term neglect of planning advice had helped create the problems the city was facing today, including severe traffic congestion and overcrowding, he said.

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Farmers apply for food-safety certificate

Seventeen mango farmers in Mandalay Region have applied for a certification that would show they are abiding by prominent safety standards.

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State-owned hotels get new owners

Winning Star has won a tender to develop the Mrauk-U Hotel in Mrauk-U city, Rakhine State, paying K250 million a year for a 15-year lease agreement for the 5.54-acre property.

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