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“Even if the 100,000-acre plantation is successfully
completed, the company plans to develop other plantations
totalling between 300,000 and 400,000 acres throughout the
country,”
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MYANMAR’S banks have been granted approval to issue
cheques in a move that is hoped to give clients more payment
options in what is now a predominantly cash economy.
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“When my television had to be repaired one month
after purchase, the service centre told me it would be two
months until they could return it because there weren’t
any parts,”
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The Suzuki joint venture – between
the Ministry of Industry (2) and FMI
– was first inked in 1997 and
its terms included a 10-year permit
to produce vehicles. However, FMI chairman
U Theim Wai told shareholders at the
mid December annual general meeting
that the government had agreed to extend
the permit for another decade.
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“If you check rental rates, in
1996 a well-facilitated office would
cost about K60,000 a month. The same
place would be quite cheap these days,
around K300,000,” said the lawyer.
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THE third fisheries products fair held
by the Myanmar Fisheries Federation
has concluded with the federation hopeful
it will help to push seafood exports
closer to the target of US$750 million
set for 2007-08.
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“High technologies allow us to
use modern building materials in houses
constructed after 1990 and many varieties
of domestically produced and imported
building materials are available,”
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 “We
built a curved roof building similar
to this in the National Races Village
in Thaketa township last year by using
the reinforced cement (or RC) system.
But this curved roof building using
a steel structure is the first in Myanmar,”
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Seismic
work starts on offshore blocks |
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Food exhibition
in the Philippines |
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Leadership
forum slated for India |
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HOUSE OF THE WEEK |
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The
compound is 9.3 metres wide and 30 metres
deep on grant land with 60 years left
on the lease. Inside the iron gate, the
front yard is pleasantly adorned with
potted plants and has ample parking for
three cars. |
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 MYANMAR
marked its 60th Independence Day by raising
the national flag at precisely 4:28am –
the exact moment of freedom from Britain in
1948 – at a pre-dawn ceremony in Nay Pyi
Taw on January 4.
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AIMING to boost tourism in the region, airlines,
hotels, travel agents and national tourism organisations
in Association of Southeast Asian Nations member
countries have joined together to create the
Visit ASEAN Pass program (VAP).
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THE Myanmar Fisheries Federation (MFF) elected
new central executive committee members for
the 2008-2010 term at its 9th annual meeting
in Yangon on December 30, marking the first
time the federation used democratic voting methods
to choose its leadership.
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| THE government imposed a massive
166-fold increase last week on the fee for satellite
TV licences, an official from Myanma Post and
Telecommunications was reported as saying by AFP
on January 2. |
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 “We
have designs for all ages. For example, young
people like to have specific designs, the middle-aged
prefer designs that are appropriate for the
workplace and older customers want comfortable
clothing that covers their midriff and arms,”
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STARS |
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