Sunday, July 24, 2016
The Myanmar Times
The Myanmar Times

Mandalay car dealers complain as market slows under new tax

Mandalay car dealers are complaining that taxes and regulations on car imports have hurt sales, and want the government to make policy changes to help boost the market.

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Barriers to Bagan flights for Thai firm

Bangkok Airways is exploring adding Bagan and Myeik to its list of Myanmar destinations. But the Department of Civil Aviation (DCA) says there are no immediate plans to open up more airports to Thai firms, a move that would likely anger local airlines.

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Sagaing authorities start gold mine clampdown

Sagaing Region authorities are launching a crackdown on small-scale gold mines that, they say, contribute to environmental degradation. But concern is growing that larger companies, which are licensed at the level of the Union government, may be allowed to continue operating.

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The economy needs more women working

There are nearly 2 million more women than men in Myanmar – but when it comes to employment the picture looks very different.

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Myanmar banks offer international credit cards

In a boon for holiday shoppers, Myanmar banks are starting to offer customers international credit cards for the first time.

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Rising growth should sustain, not stifle, transition

Rising trade and more foreign investment could be on the way, says the World Bank, but warns that careful steps are required to ensure they provide inclusive growth and reinforce rather than undermine the country’s peace process.

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Firms push on with YSX listing despite price moves

Officials from firms planning to launch their shares on the Yangon Stock Exchange have not been dissuaded by price fluctuations on the country’s new bourse, and are pushing on with the listing process.

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Government plans to link mining permits to environmental survey

The government is planning to make the extension of jade mining permits in Hpakant and Lone Khin that are due to expire this year contingent on an environmental assessment, an official from the Department of Mines has said.

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KBZ CIO talks connectivity

Myanmar's mobile rollout has connected millions to the internet for the first time – but it has not been without growing pains, especially in the form of outages and sometimes spotty service.

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Savers first in line for CHD housing

Savers will go to the head of the queue when it comes to allocating low-cost housing, a bank chief says. U Win Zaw, managing director of Construction and Housing Development Bank, says people who deposit K100,000-K200,000 a month toward the cost of a home will get first priority.

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