The Myanmar Times
Tuesday, 21 April 2015
The Myanmar Times
The Myanmar Times

Experts deride large-scale Chinese loan

A large US$700 million loan extended by China has come under attack from prominent community figures and social media users, who complain the terms are unfair for the country.

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Lone spa caters to K-poppers

South Korea-inspired culture is happily taken up by many local young and young-at-heart.

 

 

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Debate rages on waterfront’s future

The port facilities ringing Strand Road on the Yangon River are being upgraded even as some experts are calling for increased public use of Yangon’s waterfront.

 

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China trade weakens in conflict’s wake

Trade has gone quiet along the China-Myanmar borrow for the past three weeks as violence flared in northern Shan State, according to Ministry of Commerce officials.

 

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Daiwa underwriter bid raises finance industry’s eyebrows

Japanese securities company Daiwa Securities Group has entered a bid for an underwriter licence along with its Myanmar partner, prompting some observers to question whether the firm and its sister companies may be positioned for too much control on the forthcoming Yangon Stock Exchange.

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Fishery sales keep slipping away

Overfishing and environmental damage is leading to smaller natural stocks, while fish farms are slow to come onstream, say industry insiders.

 

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Closed distillers exacerbate MDY alcohol shortage

Four distillers in Mandalay’s industrial zone have been closed since the beginning of February, compounding the difficulty of buying booze after some retailers stopped selling imported liquor.

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Experts push for IP

The much-delayed Intellectual Property Rights (IPR) law may finally be enacted this year, as a draft is due to be debated during the next parliamentary session, according to Science and Technology Ministry head of IPR department Daw Moe Moe Thwe.

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Offshore gas fields to halt in April

Three of the country’s four offshore gas fields are to be shut down in April “for annual maintenance”, according to a senior official with Myanma Oil and Gas Enterprise.

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In South Okkalapa: Residents fund their own street repairs

South Okkalapa township residents have banded together to fund their own road repairs, hoping to avoid more floods come rainy season.

 

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