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

Canadian embassy comes to town

The newly opened Canadian embassy in Yangon may not have the size of the large US embassy on University Avenue or the prominence of the Australian and United Kingdom’s buildings on Strand Road, but officials hope it will help strengthen relations between the two countries.

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MAPCO to receive large loan from Singapore-based UOB

Leading agribusiness company MAPCO has been offered a second loan from Singapore-based United Overseas Bank to develop a port terminal and agribusiness plant near the Thilawa special economic zone.

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Border business district looks to mimic Chinese success

Muse is looking to China’s economic success for inspiration for its K50 billion central business district project, according to its member of parliament.

 

 

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Notices coming to businesses dodging licenses

More than 2000 businesses have not extended their licences for the 2014-15 fiscal year in Mandalay city, according to local officials.

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Delegation to legalise rice trade with China

Three members of a Chinese committee governing import standards will visit Myanmar in September to start negotiating an agreement to legalise rice exports, said officials from the Myanmar Rice Federation.

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Confusion reigns with taxi licences

Taxi drivers say they are still confused about the legality of operating their cabs with out-of-region licence plates inside Yangon.

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Development could be helped by bringing workers back home

As Myanmar starts leaping down the path of economic development, many around the world are getting excited.

 

 

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U Tay Za cools on possible bank sale

Prominent entrepreneur U Tay Za may not sell his controlling stake in Asia Green Development Bank (AGD) to investors including U Ne Win’s grandson after all, he said on August 12.

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Fish farmers to try different species to boost flagging exports

Fish farmers are beginning switch to different types of fish to boost farm yields, said Daw Toe Nandar Tin, vice chair of the Myanmar Fisheries Product Processor and Exporter Association.

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US to waive timber sanctions for one year

The United States Treasury Department granted a special one year licence beginning in late July for certain US companies to trade with Myanma Timber Enterprise and other members of the timber industry currently under sanction by the United States.

 

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