The Myanmar Times
Tuesday, 31 March 2015
The Myanmar Times
The Myanmar Times

Investment tough for local startup scene

“If they fail, how much do they owe you?”

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Townships vie for last six funding awards

A world Bank program to improve development in one township in each of the 14 states and regions, plus the caiptal will enter the next phase, as six more States and Regions have their townships selected.

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Office prices steady with supply coming

Searching for office space is perhaps the most difficult part of Ma Wint Yee’s job.

 

 

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CNOOC rig moves to local offshore blocks after South China Sea

The deepwater drilling rig at the centre of controversy in the South China Sea in mid-2014 has begun drilling in blocks near offshore Myanmar, according to its owners.

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Deadline for YSX pushed back

The number of companies to be given permission to act as service providers for the Yangon Stock Exchange is not yet fixed, and will be determined in the coming months, according to deputy finance minister U Maung Maung Thein.

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Yangon electricity board to receive its first budget

Yangon City Electricity Supply Board (YESB) will have its own budget beginning April 1 as part of a government-wide process of professionalising state-owned firms.

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Shifting focus for energy policy

The national energy policy needs to be more transparent to provide more information and better focused on the populations’ needs, according to experts.

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No rice firms join latest race for China exports

The Myanmar Rice Federation’s second deadline of February 27 has passed for companies aiming for permission to export rice to China – but unlike in the first round, no bids were submitted, according to federation joint secretary U Soe Tun.

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Shelves run dry as alcohol pulled

Retail outlets removed imported liquor from their shelves last week in response to government pressure on importing foreign alcohol, according to industry sources.

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Small spike in taxi registrations

A publicity campaign by Yangon Supervisory Committee for Motor Vehicles to register taxis has had some effect, though there is a long way to go until the city’s estimated 55,131 taxis are registered, said committee chair U Hla Aung.

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