The Myanmar Times
Friday, 06 March 2015
The Myanmar Times
The Myanmar Times

JICA loan to boost telecoms sector

Japan is providing a US$90 million long-term, low-interest loan to upgrade Myanmar’s mobile telecoms, according to deputy communications and IT minister U Thaung Tin.

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Heavy metal: Tay Za claims uranium find

Tycoon U Tay Za claims to have purchased uranium samples in upper Myanmar, and will return to the area in the future to search for a deposit.

 

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Trade deficit to rise while inflation a concern: Kan Zaw

The trade deficit will reach K4 trillion (US$3.9 billion) by the end of next financial year, Minister for National Planning and Economic Development U Kan Zaw said last week.

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Trade deficit to rise but inflation the concern

The trade deficit will reach K4 trillion (US$3.9 billion) by the end of next financial year, says Minister for National Planning and Economic Development U Kan Zaw.

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Heavy metal: U Tay Za's 'uranium' find

Tycoon U Tay Za claims to have purchased uranium samples in upper Myanmar, and will return to the area in the future to search for a deposit.

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Roads slow Thailand trade

Thailand officials expect to boost bilateral trade with Myanmar by 20 percent in the coming year as progress is made on logistics and trade promotion, according to government officials.

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Experts cautious on stock market appeal

The planned stock market will likely not be a success straight out of the starting gate, though could eventually emerge as a worthwhile destination for investment, according to experts.

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Halt to liquor licences leads to informal deals

A clampdown on unlicensed liquor shops and a ban on new licences have created a robust secondary market for liquor licence permits and done comparativly little to prevent problem drinking, according to businesspeople.

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Deputy Minister lays out path to stock exchange

Up to 10 companies ought to meet the requirements to be listed on the Yangon Stock Exchange (YSX) when it opens in October – though these requirements have still not been released, according to deputy finance minister U Maung Maung Thein.

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No relief yet for air travellers

Plunging jet fuel prices have not yet brought relief to domestic airfare, even as some international carriers have begun cutting ticket prices.

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