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Dialogue on Pakbaeng Hydropower Project Begins
CHIANG RAI PROVINCE, Thailand (Vientiane Times/ANN) – The first dialogue meeting of the Pakbaeng Hydropower Project on the Mekong River yesterday took place to further react with the recommendations...
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Ministry to Train 250,000 Teachers
The Ministry of Education will have over 250,000 trainers nationwide to teach the new Grade 2 syllabus, according to Daw San San Nu, academic director for the Department of Higher Education. “The...
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Government, Entrepreneurs Cooperate to Develop Gems and Jewelry Market
The government will work together with local jewelers to raise interest and create a market for processed Myanmar gemstones and jewelry made locally, U Phyo Min Thein, Chief Minister of the Yangon...
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Myanmar drafts digital economy master plan
The Digital Economy Development Committee (DEDC) is drafting the Myanmar Digital Economy Development Master Plan to develop and regulate the country’s booming digital economy, committee member U Mya...
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Fifth firm to list on stock exchange next week
TMH Telecom Co will commence trading on the Yangon Stock Exchange (YSX) on January 26, YSX senior executive manager U Thet Tun Oo said. TMH Telecom will be the fifth company to list on the exchange,...
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VC funding in tech on the rise even as trading on YSX dips
The Myanmar Stock Price Index hit an all-time low at the close of trading last week, closing the second week of the year at 450.14, down by almost 5 percent during the week. Over the period, only...
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Yangon developer looks to cash in on loop line improvements
YANGON — The Japanese trains trundling along the line that loops around Myanmar’s commercial capital, Yangon, are a throwback to an earlier era and a far cry from the modern carriages that whiz...
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This ex-Goldman banker quit to take over an empire in Myanmar
SINGAPORE — When Melvyn Pun agreed to take his former boss to Myanmar in 2012, little did he know that the trip would cause him to quit his high-profile job at Goldman Sachs Group. Melvyn had wanted...
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Govt moves to complete five power projects
Electrical consumption in Myanmar has increased to about 16 per cent on average and the government aims to complete five power projects in the 2018-19 fiscal year, said Dr Tun Naing, deputy minister...
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Bringing out engineers with caliber
Himself a technological university student, the writer shares his experiences, both positive and otherwise, with those aspiring to become qualified engineers Local technological universities are where...
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Real Estate Sector to Pick up on Back of Foreign Demand
Demand in the Myanmar real estate market is expected to pick up in 2018 now that the rules to the new Condominium Law have been released. Under the new rules, property investments by foreigners are...
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Bago Locals Protest Against “Inept” Chief Minister
Bago locals, including members of the National League for Democracy (NLD), staged a protest on January 14 to get Bago Region Chief Minister Win Htein to resign. Around 200 participated in the protest...
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Garment Exports from Myanmar Rise
Myanmar exported $1.86 billion worth of products from garment units operating under the cut-make-pack (CMP) system as of the first week of January in fiscal year 2017-2018, according to the commerce...
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MOEE to Provide 3,600 MW of Additional Power in Four Years
The Ministry of Electricity and Energy (MOEE) has pledged to provide an additional 3,600 megawatts of electricity within the next four years, Deputy Minister Dr. Tun Naing said in Parliament Monday....
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Private Equity Investors Eye Myanmar’s Digital Economy as Interest Rises
Investor interest in Southeast Asia’s digital and technology start-ups has been on the rise of late, with private equity firm Belt Road Capital Management (BRCM) injecting A$2.25 million in Digital...
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Q&A: Director of ABC Convenience Stores Wai Thit Lwin
The managing director of the ABC convenience store chain Wai Thit Lwin has been a force in Myanmar business since the age of 18. Among her roles are founder of Bella Cosmetics and executive director...
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IFC, Regulators Assess Corporate Governance of Myanmar Firms
IFC, a member of the World Bank Group, is working with Myanmar regulators to benchmark the corporate governance practices of Myanmar companies against international standards to help them improve...
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Locals Upset Over IFC Meeting Regarding Salween Hydropower Project
MANDALAY — Action for Shan State Rivers (ASSR) said on Monday that locals were saddened by the meeting of the International Finance Corporation (IFC) concerning the controversial hydropower projects...
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What Does Myanmar’s ‘Biggest Ever’ Drug Bust Actually Mean?
On Thursday, the government of Myanmar announced what it claimed as the biggest recorded drug seizure in the country’s history. While the development does deserve mention as part of a wider ongoing...
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Myanmar Amongst Fastest-Growing Ad Markets
Bangladesh and Myanmar are projected to be amongst the world’s fastest-growing in terms of ad spend over the next three years, according to Zenith’s Thirty Rising Media Markets report. In fact,...
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