January 26 - February 1, 2009 Myanmar's first international weekly © Volume 23, No. 455
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WORKERS level the ground at the Kyauktalon salt production site in Kyaukpyu in Rakhine State earlier this month. In 2008 a total of 23,900 tonnes of salt were produced on 2033 acres in Rakhine state, up from 14,600 tonnes on 1330 acres the year before, according to U Toe Win, the manager of Myanma Salt and Marine Chemical Enterprise. The market price of salt in Kyaukpyu is K400 a viss (1 viss is 3.6 pounds or 1.6 kilograms).
Caption and Pic: Aung Tun Win
 
 
“They fund their business with their own investment. Moreover, the Myanmar industrial sector is like an import substitution business, and is not export-oriented. So, it does not affect our business as much as in other countries,”
“The trade figure for the fiscal year 2007-2008 as with whole was $11 million. But the trade department hopes to reach $21 million for the current fiscal year 2008-2009, and has slackened some rules and regulations in order to achieve this figure,”
THE global financial crisis will lead to a reduction in remittances sent back to Myanmar by migrant workers, according to leading economics expert on Myanmar.
A WAVE of bad financial tidings sweeping out from the global financial crisis is expected to hit the cargo shipping industry in April, said a spokesperson from the Myanmar Seafarer’s Employment Association.
 
“We dare not construct an apartment block just because we have a proposed site. We have to be very careful to choose a site that can ensure high demand, such as Pabedan, Lanmadaw or China Town,”
 
“Myanmar is definitely earthquake-prone because it is located in the Alpide Seismic Belt and it is also vulnerable to tropical cyclones, storm surge and floods because of its location in the tropical monsoon climate belt of Southeast Asia,”
 
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Fires in 2008 cost nearly K4 trillion
»
Summer paddy crop well on the way
   
HOUSE OF THE WEEK
The narrow access lane, barely wide enough for two cars abreast, conveys the sense of privacy. The green lawn, shaded with tropical trees, provides a welcome contrast to the concrete driveway. Parking space is ample, including a lockup garage.
 
GENEVA – More than 90 percent of the 235,816 people killed worldwide in natural disasters last year succumbed during the cyclone in Myanmar or the earthquake in China’s Sichuan province, the UN said Thursday.
 
THE establishment of a regional monetary fund will be high on the agenda of the Association of Southeast Asian Nations summit in Thailand next month, the grouping’s secretary general, Mr Surin Pitsuwan, said in New Delhi last week.
 
THE government has praised the Association of Southeast Asian Nations for helping to provide assistance to victims of cyclone Nargis in comments ahead of a decision next month on whether the regional grouping will continue to play a key role in the relief effort.
 
EIGHT Myanmar non-governmental organisations that work with local communities to fight tuberculosis, malaria and HIV/AIDS have received a total of US$560,000 from the Three Diseases Fund (3DF) for 2009.
 
“We have been asking for donations since construction of the pagoda began, and we are also asking for well-wishers to attend a ceremony in Mumbai next month to offer an ornamental metal umbrella (hti) to the Global Vipassana Pagoda,”
 

“In the past, our creations have been published just in newspapers and magazines, so we were slow to attract worldwide attention. I hope it will give artists the opportunity to show their work directly to the world,”

 

“I had to take one year [to complete] this 6th solo show. I am really satisfied to show all the ‘isms’ at this show. Among the four ‘isms’, modernist paintings are special because I have been studying modernism for only a short time. I think we should learn and create at every age even though we get older”

 
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