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Rangoon Takes On Illegal Developers
RANGOON — The Yangon City Development Committee (YCDC) has brought charges against the developers and landlords of more than 2,000 low-rise buildings who violated the city’s rules and regulations,...
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Facebook racks up 10m Myanmar users
The world’s most popular social network, Facebook, has made millions of new “friends” in Myanmar over the last few years. In that time, the site has played the part of nationwide news outlet,emergency...
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Japan’s Weathernews opens Myanmar post
YANGON — Weathernews has opened a location here in Myanmar’s biggest city to process and produce content for its mainstay business of global climate information services for shipping companies. The...
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Japan’s Acecook to start instant noodle production in Myanmar in 2017- Nikkei...
OSAKA — Acecook plans to begin making instant noodles in Myanmar in summer 2017. By switching from imports to local production and offering soups more akin to local tastes, the Japanese company hopes...
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‘Korea’s tech transfers key to Myanmar’s reforms’
YANGON, Myanmar — With Myanmar spurring political, economic and administrative reforms, technological assistance coupled with financial aid from Korea and other industrial powerhouses will help...
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Fruit farmers consider forming public companies
Frustrated with complex procedures, taxes and advantages held by Chinese traders in the border town of Muse, fruit farmers in upper Myanmar have floated the idea of forming companies in the hope of...
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India to import pulses from Myanmar
A high level decision from the Indian government has made plans to import more pulses from Myanmar and to release a buffer stock in order to open the market as food prices in India climb, according to...
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Two river pump projects to supply clean water to Yangon
To satisfy increasing demand for water in Yangon, the Yangon City Development Committee is planning to implement water-pumping projects in the Kukkowa River and Toe River this fiscal year. The two...
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Meat demand rises in Myanmar
Meat consumption in Myanmar has grown due to an influx of tourists and investment, while a limited manufacturing base presents new opportunities for international suppliers. Almost 90% of Myanmar’s...
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Yangon to improve of trash collection system
Yangon authorities are cooperating with the international community to improve the city’s garbage collection system, announced the Yangon City Development Committee (YCDC). The effort will include...
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Farmers fence off government land
Farmers who have fenced off government-owned land in Yangon Region which they say rightfully belongs to them may soon be facing legal action, according to the regional Department of Human Settlement...
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Indian Government clears pulses import from Myanmar as prices jump
Atop panel chaired by Union finance minister Arun Jaitley on Wednesday cleared imports of pulses from Myanmar and some African countries as a sudden shortage pushed the retail prices of pulses as high...
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KOICA helps Myanmar cope with effects of climate change
BAGAN, Myanmar — Endless rows of yellow-green, tender young trees soughed in the breeze, churning out rustling sounds across a serene forest in Bagan, Myanmar. A 10-minute walk led to a more exuberant...
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Singapore is leading investor in Myanmar’s Thilawa economic zone
YANGON – Singapore is the top investor so far in a huge industrial zone on the outskirts of Yangon, the Eleven Media Group reported, citing the country’s Directorate of Investment and Company...
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Dealmaking excitement builds over beers in newly opened Myanmar
YANGON (Bloomberg) – A scorching May day in Myanmar calls for beers and loosened neck ties. At newly opened Harry’s Bar in Yangon, investors talk opportunities over draft lagers, jalapeno steak...
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Chinese group Toener to develop 31-acre luxury complex in Yangon
The Chinese investors behind a major residential project in Yangon are preparing to launch another huge development on a 31-acre site beside the city’s Hlaing River. The Riverfront Garden sales...
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Myanmar to export 515b cubic ft of gas this FY
Myanmar is expected to export 515b cubic ft of natural gas this fiscal year while keeping 160.6b cubic ft for local use, according to the second National Development Plan (NDP), reported on Natural...
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Myanmar citizens’ bank to float next month
NYAPYITAW, Myanmar – A private bank to enter Yangon’s stock market. Myanmar Citizens Bank will be the third listed company to begin trading on the stock market next month, according to the Yangon...
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Yangon’s mega traffic jams
The biggest problem in Yangon today is the mega traffic jams the whole commercial city is facing almost every day. Except on the Myanmar New Year Day (on which only the famous pagodas are crowded with...
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Myanmar’s construction industry worth US$13.5bn by 2020
A report by Timetric Construction Intelligence Center (CIC) has found that that over the next five years Myanmar’s construction industry is to grow at a rate of 10.37% over five years. In 2015 the...
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