September 17-23, 2007 Myanmar's first international weekly © Volume 20, No. 384
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“Every shareholder, regardless of whether they are a UMFCCI member or not, is allowed to buy up to K50 million worth of shares. Those who buy over K25 million of shares are eligible for a post on the board of directors,”

 

“Investing in massive properties that cost K900-1000 million is only for a very few people with a lot of extra money. Otherwise, apart from some people who use them for business purposes, most people can’t afford homes like this,”

 

Once a mining company’s three-year contract to explore a block expires, the firm must reapply to continue work at the site. U Hla Win said this encouraged miners to push ahead with production regardless of increases in outlay, such as those related to the government’s move to raise fuel prices from August 15.

 

“We will send 20 of our rice mill owners to Nanning to find out ways to import sophisticated rice mill units and spare parts. They will also take with them 10 different strains of export-quality rice to find buyers,”

An official with MMTC, India’s top international trading company, said the importer had slowed down purchases as domestic prices returned to more acceptable levels.

 

Fei Yuan holds the lion’s share of the market, according to a nationwide survey conducted in July by Golden Hero Co., thereby putting the Yangon-based company at the top of the pile of Myanmar printer suppliers.

 
HOUSE OF THE WEEK
An open living room, currently set up with a TV, is the best place in the house to kick back and relax on a day off. A large balcony off this room offers nice views over the neighbourhood.
 

“Right now about 19 percent of the country is on the national grid, with 60 percent of the electricity going to Yangon and 40pc going to the rest of the country. But projects are underway to build hydropower dams that will produce more than 21,000mw. So far we’re getting about 700mw from hydropower,”

 

“Those selected for ordinary jobs and scholarship will get a salary during their one year of training that will not be less than the salaries paid by other local IT companies,”

 

Bay of Bengal Resort at Ngwe Saung has announced packages from October 15 to November 15 aimed at attracting local residents. For K180,000 net, two people will get two nights of accommodation in a superior room plus meals. Upgrades to deluxe rooms, suites and villas are available at higher rates.

 

“When I started as a reporter I was afraid of people who threatened to sue and I responded by giving in and apologising even when they were wrong. But now I’m not afraid to deal with threats. The higher my position is, the more patient I become,”

 

“And if we are shooting outside then I have to take into account that the weather could undo all of my good work. It’s especially bad when using silicon — it comes right off and needs to be redone throughout the day.”

 
“Some of my students come to get fit and others just want to learn to dance. If you want to get fit, it is crucial that you do it at least two times a week and practice at home.”
 
 
 
 
 
 
 
 
  JOB |Domestic|
 

Job Watch

Vacancy for the Post of Secretary

The Embassy of Japan currently has a vacancy for the post of secretary.
Applicants must be a University graduate. Should either be able to speak, read and write Japanese and have passed the Japanese Language Proficiency Test Level One or have enough proficiency in English to function as a secretary. A good score in TOEFL or IELTS will be an asset......

 
   
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