Thursday, August 25, 2016
The Myanmar Times
The Myanmar Times

Mandalay trader petitions for mining halt

A Mandalay trader is circulating a petition calling for an immediate but temporary halt to jade mining and a revamp of export procedures, warning the Mandalay market could be headed for disaster if business continues as usual.

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Illegal Chinese miners out of ministry’s reach

Illegal Chinese gold miners in Tanai district, Kachin State, are beyond the reach of government legal action, the Ministry of Natural Resources and Environmental Conservation has admitted. U Than Daing, managing director of the ministry’s No 2 Mining Enterprise, told The Myanmar Times that the zone in question was not under its jurisdiction.

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Local firms to sell Japanese lubricant

Japanese firm JX Nippon Oil and Energy Asia has signed agreements with two Myanmar firms to distribute its ENEOS-brand lubricant products in Myanmar.

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Thilawa Zone B to start in November

Construction of Thilawa special economic zone B will begin this November on 700 hectares of land, an official responsible for the project said in an interview with The Myanmar Times.

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DICA publishes private-sector plan

The Directorate of Investment and Company Administration published a report last week, written with help from the Asian Development Bank, which suggests the government should create a special council and a task force – with the interests of businesspeople clearly represented in both – dedicated to building a stronger Myanmar private sector.

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Myanmar carriers converge on Mandalay-Bangkok route

Mandalay residents eager to visit Bangkok will have a bevy of new flight options next month. Myanmar National Airways (MNA) will begin offering thrice-weekly flights from August 31, just a day before Myanmar Airways International (MAI) is scheduled to begin its own Mandalay-Bangkok route.

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US Foreign Agricultural Service opens Myanmar office

The US Foreign Agricultural Service opened an office in Yangon yesterday with the aim of strengthening trade and investment relations between Myanmar and the United States.

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New customs system scheduled for November

The government aims to have an automated cargo clearance system adopted by all customs departments in Yangon by November, before possibly extending the program to the country’s land border points, an official has told The Myanmar Times.

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Two casinos in Taninthariyi under government scrutiny

Two casino resorts in Tanintharyi Region’s southernmost Kawthoung township are on a regional government watch list, the chief minister told The Myanmar Times during an interview in Dawei last month.

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Cosmetics association sees uncertain future

The Myanmar Cosmetics Association is demanding the government protect the industry from foreign competition, which it says could destroy small and medium-sized local firms.

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