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“Although we put more than 100,000 pearls up for
auction (in 2006-07), only a few hundred were left unsold.
That tells us that our pearls are attractive to international
pearl traders,”
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“United Overseas Bank and the Development Bank of
Singapore are the main banks Myanmar traders rely on for
transactions,” the chairman of one of Myanmar’s
leading international trading companies said on condition
of anonymity.
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TWO executives from German industrial giant Robert Bosch
GmbH visited Myanmar last month to discuss ways to expand
the market for their products here, a senior official with
the Union of Myanmar Federation of Chambers of Commerce
and Industry (UMFCCI) said last week.
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“Orders
have increased by 20pc compared with
last rainy season. From the start of
August up until October 10 we made 120
dehumidifiers. We hope to reach 200
by the end of October,”
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“We are planning to establish
the centre with the aim of protecting
Myanmar crab traders and ensuring them
financial security,” the association’s
chairman, U Hnin Oo, said at a weekly
livestock and fisheries meeting in Yangon.
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“In
mid October last year, special-quality
black gram cost K1.1 million per tonne,
which was a record for the market because
demand was so high. But prices and demand
this year are looking very different,”
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CONSTRUCTION companies are planning
a series of promotions in Yangon for
later this month to mark the return
to the property market of people who
have observed the tradition of staying
put during Buddhist Lent.
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“Custom-made furniture is becoming
more popular because people are beginning
to realise that this is an option available
to them. In the past, people wanted
to get things specially made but there
was no one to do it for them,”
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“We
have been inspecting rivers since last
month to check if sand producers operating
along them have approval from the department
or not. If they are found to be without
a licence, we warn them and ask them
to apply for one as this is the educating
period,”
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HOUSE OF THE WEEK |
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There
is little privacy out back of the three-bedroom
house, where a neighbouring block of flats
towers over the fully-paved backyard,
though a six-foot fence with razor wire
running along the front of the property
keeps the neatly trimmed lawn out of sight
and securely away from passers-by on the
street. |
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| YOUR
STARS |
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your dob then click to go. |
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