The Myanmar Times
Monday, 25 May 2015
The Myanmar Times
The Myanmar Times

Retailers push for beer and liquor imports

Frequent customer requests for foreign beer and liquor are leading members of the Myanmar Retailers Association to push for government permission to begin legal imports.

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Rubber price spike starts to erase losses

Rubber prices jumped last week in keeping with world prices and an improved exchange rate, but it is not enough to dig domestic producers out from mounting losses.

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Slow liftoff for helicopter association as market grows

The Myanmar Helicopter Association was launched last week at the Heliops Myanmar Conference and Exhibition in Yangon, with a view to developing helicopter operations across the country.

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Public transit slowed by gas pipe fire

Yangon 's public transport network has been affected by a disruption in its fuel supply, as an onshore natural gas pipeline has sprung a leak.

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Private insurance slowly catching on, says deputy finance minister

Private insurance entered the market three years ago and has slowly been generating more business, according to deputy finance minister Dr Maung Maung Thein.

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Motorcycle repair shops dodge Yangon ban

Veterans of other Southeast Asian cities quickly notice the differences when visiting Yangon. The treed streets and heritage buildings mark the city as unique, and Shwedagon Pagoda, the city’s landmark, is a ready symbol of Yangon.

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Environmental and social standards await final approval to move forward

A major issue surrounding project implementation in Myanmar is the way environmental and social impact assessment (EIA/SIA) reports are conducted. Without clear legislation, many investment projects struggle to complete this critical step.

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Parliament pushes for financial institutions law this year

The enactment of the Banks and Financial Institutions Law of Myanmar has been delayed in parliament due to its complexity, sources said.

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Central Bank warns on USD speculation

The Central Bank of Myanmar warned currency speculators they will face legal action, as the market dollar-kyat exchange rate climbs well past the Central Bank’s official rate.

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Gold price inching up leads to jewellery sales

Gold prices may have taken a hit from the strengthening US dollar this year, but have shown signs of life over the past week, according to local businesspeople.

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