Monday, May 30, 2016
The Myanmar Times
The Myanmar Times

Live cattle top Myawaddy export list

OF the nearly 40 billion baht (US$1.1 billion) worth of trade that passed through the Mae Sot and Myawaddy border posts last fiscal year, about 90 percent, or 36 billion baht worth, represents exports from Thailand to Myanmar, according to Thai statistics.

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Right-hand drives to remain on the roads

Under a new law limiting automobile imports to left-hand drives, right-hand drive cars already on the roads will be allowed to remain in use.

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Total buys stake in Woodside-MPRL offshore block

Total E&P Myanmar announced last week that it had bought a 40 percent interest in offshore block A-6.

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Thai-Myanmar JV receives stock exchange broker licence

A Thai broker and its Myanmar joint venture partner have been awarded a broker licence for the soon-to-open Yangon Stock Exchange.

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Bank of Tokyo Mitsubishi UFJ (BTMU) gears up for real time settlement in Yangon

Bank of Tokyo Mitsubishi UFJ (BTMU) is preparing the systems at its Yangon branch to be “operational-ready” for the Central Bank’s new settlement system.

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Tourism companies still accepting USD

Tourism-related companies say they are still accepting US dollar cash payments as normal, despite a Central Bank decision to revoke foreign currency acceptor and holder licences last week.

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Entrepreneurship week hits nine Myanmar cities

Myanmar's democratic transition has made chasing down dreams a bit easier for entrepreneurs, according to the president of the Myanmar Young Entrepreneurs’ Association (MYEA).

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Myanmar Beer: new logo, new fight

Myanmar Brewery has upped its game, as international competitors Heineken and Carlsberg launch their beers into the market.

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Mawchi mines to reopen following deadly landslide

Officials say that Kayah State’s tin mines are set to reopen after a suspension of operations in the wake of bad weather and a landslide that killed at least 28 people and displaced more than 500.

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Central Bank will not return to old ways: senior official

Amid widespread anxiety over the impact of the Central Bank’s decision to revoke thousands of US dollar accepter and holder licences, a senior official has promised authorities have no plans to return to old ways.

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