The Myanmar Times
Tuesday, 04 August 2015
The Myanmar Times
The Myanmar Times

Drafters hope auto policy will finally arrive by September

An automobile policy aimed partly at attracting more international factories to the country could be finished by September, but will not be presented to parliament until 2016, according to U Khin Maung Kyaw, a head of the working group drawing the policy.

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Still room for paper in a digitalising economy

In an increasingly paperless world, Myanmar’s appetite for the folding stuff is still strong. Industry insiders say that declining paper use in Europe is not matched in Asian countries.

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Improved banking law submitted to parliament

An updated banking law has won the support of the Pyithu Hluttaw Bill Committee and has been submitted to the Pyithu Hluttaw on July 21.

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Mercedes-Benz builds the new car market 

Well-known German automaker Mercedes-Benz is working to find what cars click with local consumers.

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Should we worry about the weakening of the Myanmar kyat against the dollar?

Koji Kubo is senior research fellow at the Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO), analyses the Myanmar kyat–USD relationship in the wake of the Central Bank of Myanmar's decision to narrow the gap between reference and market exchange rates.

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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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