The Myanmar Times
Sunday, 21 December 2014
The Myanmar Times
The Myanmar Times

Kabar Aye jade re-opens

The Myanmar Gems and Jewellery Entrepreneurs Association re-opened its own gems shops in the Myanmar Gems Emporium Hall on Kabar Aye Pagoda Road, aiming to attract foreign customers in particular.

 

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Developers push for production materials to be made locally

The boom in construction has prompted local developers to press for the production of home-grown building materials. They say manufacturing steel and cement here instead of importing them could cut costs and create jobs.

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Finance law leaves bank questions

The Central Bank of Myanmar is receiving too much power under the recently completed draft Financial Institution Law, according to parliamentary officials.

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Factoring inflation into minimum wage proves to be difficult

Rising and volatile consumer prices are complicating efforts to establish a minimum wage, a source of tension between garment factories and workers.

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Gaining garment growth

Garments is the most promising sector for foreign investment over the next 10 years, particularly if an effective strategy is drawn up and executed, industry experts say.

 

 

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FMI plans listing on exchange

First Myanmar Investments intends to be one of the first to list on the Yangon Stock Exchange shortly after it opens in 2015, according to its chair Serge Pun.

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Japanese bank teams up with Myanma Apex to assist investments

Japan’s Resona Bank has signed an agreement with Myanma Apex Bank providing for closer financial cooperation, as Japanese firms look to extend their investments in Myanmar.

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Rice volatility eats into market

Tackling pervasive volatility in local rice prices will require significant structural changes to the way the market works, according to a World Bank report.

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Stock exchange to find a home in former Myawaddy Bank HQ

The former headquarters of the Myawaddy Bank will be the location of the Yangon Stock Exchange when it opens next year, according to deputy finance minister U Maung Maung Thein.

 

 

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Mandalay gets first catfish farm

A fish pond near the Yangon-Mandalay highway has been revitalised after being contaminated by industrial waste, with authorities promoting the facility as the model for commercial fish raising.

 

 

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