Myanmar Times & Business Reviews

May 7 - 13, 2007

Myanmar's first international weekly ©

Volume 19, No. 365

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Warmer seas affect local pearl industry

HIGER than usual sea temperatures in late 2006 resulted in the death of thousands of oysters being farmed in the Andaman Sea, sources from the Myanmar pearling industry said.

Fisheries export target soars

BUSINESSES in the fishery sector are scrambling to develop a plan to meet a dramatically increased export target for the 2007-08 financial year after the government revised its initial target up 25 percent to US$750 million.

Pirated CDs seized in Nyaungdon

INSPECTOR of Police Kyaw Mya Than and party from Nyaungdon police station on March 20 searched house No 185, Setkyee Street in Ward No.5, Nyaungdon Township and seized 65 foreign compac discs produced without any licence and 56 Myanmar pirated CDs.

Govt to award 300 new jade blocks

THE state-run Myanma Gems Enterprise (MGE) will award more than 300 new jade exploration blocks to private businesses in the next three months to boost national production and earn more foreign currency, an MGE official said on April 30.

SKorean trade group to visit Myanmar

A SPECIAL trade mission from South Korea will visit Yangon this week in an attempt to enhance trade between the two countries, the local Voice journal reported on May 2.

Thaksin ordered loan to Myanmar

FORMER Thai foreign minister Surakiart Sathirathai, a key member of deposed prime minister Thaksin Shinawatra’s Thai Rak Thai Party, told Thailand’s Assets Examination Committee (AEC) on April 30 the former premier gave an order to lend four billion baht to the Myanmar government in spite of his objections, The Nation newspaper reported, citing an unidentified source.

Govt warning spurs building activity

PRIVATE construction companies have taken heed of a warning to get to work on projects being built on government land or have them confiscated, with work starting again on many of Yangon’s delayed projects, a senior housing official said last week.


Brief
»	New onshore gas deposit found
»	Govt to buy four deep-well oil drills
»	Malaysian business delegation to visit
»	Iran seeks ties with Myanmar businesses

HOUSE OF THE WEEK
A penthouse to satisfy party-pad dreams
	LONG live the bachelor pad. This 11th-floor penthouse in the three-month old Botahtaung Tower is an entertainer’s dream, though the modern streak it chases has a ‘70s feel that is likely to age as fast as your inner pimp.....

Traditional healer provides relief to her community

“My services to the community will diminish because of my age,” she said. “I won’t be able to tour around the villages. The sun is too strong and I can barely walk longer than an hour in the heat.”

Growing optimism for Myanmar trade as Tokyo moves to bolster ASEAN ties

“[Garment manufacturers] are steadily coming into Myanmar and many of them have transferred their operations into Myanmar from other countries in the region,”

Bangladesh visit touches on reviving gas pipeline talks

“Myanmar has taken up drilling in A3 block and, based on the result of drilling and quantity of gas available, would take a decision on selling the gas (to India) through available options,”

Youngsters stuck on sticker craze

“Over the past two years our sales have increased tremendously,” she said. “Sometimes the staff in our studios miss their lunch due to the large volume of customers coming through for the stickers.

Surprise success for amateur photographer

“Each photo has been carefully thought out to portray how the people live in different regions of Myanmar,” says Kyaw Thar. “I don’t have a favourite photo. Each one is as good as the other.”

JOB |Domestic|

	UNICEF Vacancies Field Monitors (GS-4), Education (Temporary Fixed-Term Position – 12 months) UNICEF Myanmar is seeking to recruit ten (10) Field Monitors who will be based in selected townships with assigned schools which they will be monitoring. Under the guidance of the Education Field Officer – .......................

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