June 30-July 6, 2008 Myanmar's first international weekly © Volume 22, No. 425
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Fertiliser sales likely to rise in coming weeks
“Sales at my shop have increased over last month, but demand is still lower than last year although this is the time when farmers are preparing for the rainy crop-growing season,”
 
Daewoo inks huge natural gas deal
A CONSORTIUM led by South Korean firm Daewoo International Corp signed a Memorandum of Understanding (MoU) with Myanmar’s government on June 20 on the future sale of natural gas from the Shwe project in the Bay of Bengal.
 
GP ups production
“The company is currently producing about 15,000 batteries a month and we plan to double that in coming months,”
 
MLFD Bank announces huge profit jump
THE Myanmar Livestock and Fisheries Development Bank announced profits totalling K2.323 billion in the 2007-08 fiscal year during the bank’s annual general meeting at Yuzana Hotel on June 23.
Expo to promote fisheries exports

The 5th China ASEAN EXPO (CAEXPO) has included aquatic products like fish and prawn among Myanmar’s exhibits, says the China-ASEAN Expo (CAEXPO) Secretariat.
 
More people take on Microsoft-certified exams

“More people have learned that these certificates play an important role in their career improvement,” said U Hla Myo Htun, chief information officer of Myanmar Inspirations, which supervises tests on behalf of Microsoft.
 
Developers say lift rule change good news

“In the past the top-floor apartments fetched the lowest prices in the building because they took the most effort to reach. But when the whole building is fed by an elevator there is no reason why the higher-level apartments should not sell for the same money as those in the middle or bottom levels,”

 
Construction continues as rents drop in capital

THE administrative capital of Nay Pyi Taw continues to buzz with development, even though there has been a sharp drop in rental fees since the start of monsoon, developers and agents said last week.
 
Briefs
»
PTTEP signs M-9 deal, official
»
Gems auction up and running in Yangon
»
Turkish business meet gutted
 
HOUSE OF THE WEEK
Try to ignore the first impression
Inside, the living room is furnished with dark leather sofas, a television and wood parquet floors. It’s an attractive and comfortable room, except for the ugly olive-green curtains.
 
Child care specialists seek alternatives for Nargis orphans
“I don’t like the name ‘institution’,” said Amarylla Myatt, the senior administrator and founder of Grace Home. “This is a home. This is a shelter for them. Because they are homeless, they have nothing.”
 
Tears in delta as Indonesian medics depart
“We provided medical treatment to about 600 patients a day at the clinic, including some surgical procedures, including hernia, lymphoma, hidrocel, hysterectomy and labioschisis surgeries,”
 
Humanitarian assistance still needed: ASEAN team
“Shelter designed in the spirit of ‘Build Back Better’ would be an important form of longer-term recovery activities,” said a UN statement issued last Thursday.
 
MRCS lauds Kachin branch

“As soon as we heard that the cyclone had hit Ayeyarwady and Yangon divisions, our 60-member unit mobilised to get to the area as quickly as possible,”

 
Turkish NGO raises donations by SMS
“We are collecting donations for Myanmar cyclone victims by SMS. The three biggest telephone companies in Turkey – Vodafone, Avea and Turkcell – are providing free services for our program by sending messages to at least 200,000 of their mobile phone users a day.
 
India loans $84m for electricity infrastructure upgrades
INDIA agreed last week to provide US$84 million in loans to Myanmar to finance upgrades of electricity supply infrastructure in Rakhine State and Ayeyarwady Division.
 
Novices receive inheritance of Buddha
“Every Buddhist boy must receive the inheritance that the Buddha gave to his own son 2500 years ago,” he said. “When parents give their sons up to the holy order of the robe, the boys become the Buddha’s own kin.”
 

Music and fashion play together
“People used to wear music inspired clothes only when they went to concerts. Even the artists only wore such clothes onstage. People didn’t have the same opportunity to follow fashion trends and so were far less fashion conscious,”
 
Artists offer helping hands for charity
“We made a lot of donation trips to the affected areas and we saw and heard many tragedies. I have vivid memories of the scenes in my head. Thinking about the possibility of losing my own family like them, I wanted to do something and I couldn’t wait even a second,”
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  JOB |Domestic|
 

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Bogyoke Aung San Road,
Lanmadaw Township, Yangon, Myanmar
Phone:222963, 229406, 728261, 09-501-7706
 
 
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