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Metro Cash & Carry enters Myanmar, centres Thilawa
Metro Cash & Carry, an international specialist in wholesale and food retail with a presence in 25 countries, recently entered Myanmar by kicking off construction of its warehouse in Thilawa...
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shopper360 in deal with Pahtama for JV firm in Myanmar
SHOPPER marketing services provider shopper360 said on Wednesday evening it has entered into a non-binding memorandum of understanding with Pahtama Group Co for the incorporation of a new...
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Sinotruk CDW’s Fire Trucks Exported to Myanmar Pass the Final Inspection
On September, 22, 2017, Myanmar government procurement agent paid a visit to Sinotruk Chengdu Wangpai Commercial Vehicle Co.,Ltd (Hereafter referred to as CDW) and made the final inspection to 3...
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Myanmar’s Internet Disrupted Society—and Fueled Extremists
DURING THE HALF century that they ruled the country, Myanmar’s military dictators occasionally turned to astrology for policy decisions. In the late ’80s, for example, the government switched the...
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Deepwater Myanmar could create long-term growth
Deepwater E&P activity offshore Myanmar might pick up, argues Clarksons Research, which could create opportunities for vessel owners, despite a cabotage market in the country. Clarksons said that...
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Boris Johnson caught on camera reciting Kipling in Myanmar temple
The foreign secretary has been accused of “incredible insensitivity” after it emerged he recited part of a colonial-era Rudyard Kipling poem in front of local dignitaries while on an official visit to...
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Beyond China: Nation must diversify FDI
While for a long time the world has been focussed on political reforms in Myanmar during its transition from military rule to a democracy, the country has also witnessed a significant economic...
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Foul smell from liquor factories prompts protest
Unable to bear the stench of waste water discharged from neighbouring liquor factories and garbage generated by factories, some 100 residents in Shwe Pyi Thar Township staged a protest Tuesday. “We...
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SEZs offer lessons for manufacturing
SPECIAL Economic Zones (SEZs) in Myanmar are considered by the Ministry of Industry as the main pillar of economic development, according to the ministry’s spokesperson. The government aims to boost...
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Belt and Road, Kaladan and the future of Rakhine’s economy
THE economy in the resource-rich Rakhine State is throttled by the crisis as well as the accompanying international backlash, dashing any hope of massive foreign investment in the near future. In the...
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More investments are left to allow: DICA
Myanmar Investment Commission (MIC) is left to allow up to 15 foreign investments worth of US$400 million, said Deputy Director General San Myint from the Directorate of Investment and Companies...
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Mobile operators join war on cash
WHILE Myanmar is still a cash-dominated society, the nation’s three telecommunications operators are trying to change that as they vie for the lead in the country’s nascent mobile financial market....
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Stock With Momentum: SHL Consolidated
SHL Consolidated Bhd (-ve) SHARES in SHL Consolidated Bhd (fundamental: 1.65/3, valuation: 2.4/3) triggered our momentum algorithm yesterday for the first time this year. The counter closed down two...
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Hitachi SEM Receives Order for Around 5,400 Distribution Transformers from...
Hitachi Soe Electric & Machinery Co., Ltd. (Hitachi SEM) – a subsidiary of Hitachi Industrial Equipment Systems Co., Ltd. (HIES) in the Republic of the Union of Myanmar – has received orders for...
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Expanding trade with India
INDIA has formed a Myanmar chamber of commerce in Yangon to boost trade and forge closer economic ties with the country. The move follows Indian Prime Minister Narendra Modi’s visit here on September...
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Foreign firm to supply 5,000 transformers
A FOREIGN joint-venture firm will supply US$15 million for the distribution of transformers to the Ministry of Electricity and Energy (MOEE), according to an official statement from the company....
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Tender for 1,500 Mobile Phone & Accessories. Closing Date 17 Oct 2017
Save the Children Tender Notice To Authorized Dealers for Supply of Mobile Phones and related accessories Dale: 29th September 2017 ITT Ref. No.: PR-17/032/SCI-GF/ITT Save the Children International...
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Counterfeit goods and illegal trade deters investors, draws focus on lack of...
Counterfeit goods and illegal trade are among the biggest issues for businesses looking to expand in Myanmar, foreign investors and local businessmen told The Myanmar Times. Even though Myanmar has...
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Industry, govt hit back at garment factory report
DURING a news conference held by garment businesses on October 4, the Yangon regional government asked ActionAid Myanmar to revise its report about safety standards for women working in garment...
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Cambodian PM asks workers not to demand higher wage hike
Cambodian Prime Minister Hun Sen has asked garment workers not to demand a higher rise in the minimum wage. As garment workers in many Asian nations get paid lesser, workers should not demand a salary...
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