Myanmar loses about K24 billion – about US$27 million – a year in taxation to illegal beer imports, sources said recently.
Three Myanmar representatives will attend an ASEAN mini-hydropower training program in Bandung, Indonesia from September 2-14, an official for a renewable energy agency in Yangon said last week.
Myanmar Fisheries Federation is urging farmers to build higher banks around their ponds and use plastic tarpaulins to repair damage caused by flooding in Ayeyarwady and Yangon regions this month.
Nearly 80 percent of rice farming areas in Ayeyarwady and Bago regions have suffered extensive flooding in the past fortnight, a Pyithu Hluttaw representative from Bago Region said last week.
Japanese officials said last week Myanmar’s government needs to solve four major issues before a healthy stock market can be formed in the country by the time it’s fully integrated into the ASEAN Economic Community in 2015.
A senior official at the country’s largest copper mine has denied accusations that Chinese workers at the Sagaing Region site tried to harm local residents whose land has been confiscated as part of a US$1 billion expansion of the mine.