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Asean Infrastructure More Than Just Roads, Rails and Ports
Investment in soft infrastructure is as important as investment in hard infrastructure as the Asean Economic Community (AEC) pushes for inclusive economic growth by improving the region’s...
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Telenor Shifts Myanmar Focus to Data Services as ‘Hyper growth’ era ends
YANGON (Reuters) – Norwegian telecoms company Telenor will focus on improving data services in Myanmar, the head of the local business said on Wednesday, as an era of rapid subscriber growth following...
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Thailand Proposes Investment in Solar Power Sector
An unnamed Thai company proposed to make investments in a solar power station in Magway Region, said Myanmar Investment Commission (MIC) Deputy Director General Than Aung Kyaw on October 31. “They...
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Sailors Protest Against Marine Administration Department
About 100 sailors staged a protest yesterday against the Department of Marine Administration (DMA) in front of city hall in Yangon for failure to adequately respond to their requests, they claimed....
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Thailand Bid to List Kaeng Krachan Back to Square One
Thailand will re-submit a request to register the Kaeng Krachan National Park as a world heritage site after a Unesco committee asked it to seek the views of ethnic Karen residents in the area first....
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Yangon Airport Receives Over 360,000 Passengers a Month
Yangon International Airport currently hosts over 360,000 passengers per month, with 120 flights landing daily, said U Aung Kyaw Tun, the deputy director-general of the Civil Aviation Department....
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Suu Kyi Calls on Japanese Companies for Investment
The Yomiuri ShimbunAung San Suu Kyi, Myanmar’s state counsellor and foreign minister, met with representatives of the Japanese business community on Friday in Japan, calling on them to accelerate...
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Passengers Complain After Bus Drivers Raise Fares
Passengers expressed concern and displeasure during an impromptu gathering on Tuesday over unauthorised fare increases on the Yangon-Thanlyin bus line from Ks300 to Ks500. Bus drivers on the...
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GroGenesis Inc. Signs Agreement to Distribute AgraBurst PRO(TM) to Myanmar
Sustainable Solutions Company Continues to Develop Multi-Hemisphere Network of Distributors by Executing Agreement with Knight of Century Company Limited SIOUX FALLS, SD–(Marketwired – Nov 8, 2016) –...
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Create Jobs in Myanmar, Suu Kyi Tells Japan Inc.
TOKYO — Myanmar’s Aung San Suu Kyi urged Japanese business leaders Friday to invest in the Southeast Asian nation in ways that will create jobs. Myanmar’s youth have few employment opportunities,...
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Axiata Unit to Raise Stake in Myanmar Tower Operations
KUALA LUMPUR (NewsRise) – Axiata Group, Malaysia’s biggest telecom operator by revenue, said its infrastructure unit is buying an additional 12.5% stake in a telecom tower company in Myanmar for $35...
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Taxis Push for Higher Fares on Fuel Price Rise
Taxi drivers are complaining that higher fuel prices are eating to profits because the public refuses to accept higher fares. The price of 1 litre of fuel has risen by roughly K100 in the last month,...
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Govt Urges Officials to Find Ways to Reduce Impact of Regional Crop Prices on...
Vice President U Henry Van Thio, who leads the Committee for Protection and Promotion of the Interests of Farmers, addressed the Coordination Meeting for Reduction of Impact of Regional Crops Prices...
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MDY Urban & Housing Development to sell 500 affordable
Mandalay Department of Urban and Housing Development Director-General U Aung Kyaw Lin announced that they will sell over 500 affordable, color-codedapartments within the Mya Yee Nanda housing complex...
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Myanmar-Thailand border trade value hit over US$710million
The border trade value between Myanmar and Thailand as of 28th October in this fiscal year reached US$715.261million, a big jump compared to the same period of last year, when trade value was only...
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CBM likely to pave way for new mobile money services
The Central Bank of Myanmar will allow money services on mobile devices, according to Director- General Daw Than Than Swe of the CBM. “We are trying to implement effective financial services for the...
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Over 120 CCTVs to be installed across Mandalay next year
TO PREVENT crime and help investigation of criminal cases in the region, Mandalay Region authorities plan to instal over 120 new closed-circuit television cameras next year, a police spokesperson...
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Yangon Region Cabinet sues CEO Dr Than Tun Aung and Eleven Media Group for Libel
Dr Than Tun Aung, the CEO of Daily Eleven and Eleven Media Group, has been sued under the telecommunications law by the Yangon Region cabinet for libel, according to U Phyo Min Thein, chief minister...
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US-based Quasar Plans 100 MW Solar Project In Myanmar
Texas-based Quasar Resources is looking to invest several million dollars to set up power generation assets in Myanmar. The company plans to invest $300-400 million in Myanmar over the next five years...
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Chinese investors explore Myanmar market with caution
The delegation, organized by China’s Council for Promoting South-South Cooperation, is made up of representatives from 22 companies engaged in businesses such as infrastructure construction, banking,...
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