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.
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.
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.
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.
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.
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.