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Thursday, 24 July 2014

Japan seeks opportunity in Dawei SEZ

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Japanese officials from the ministry of economy, trade and industry met with the committee chairperson of the Dawei Special Economic Zone o...

Vietnam banks compete for licenses to operate in Myanmar

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VietNamNet Bridge – The Bank for Investment and Development of Vietnam (BIDV) is the only Vietnamese bank of 25 foreign banks that have an o...

Myanmar planning nuclear reactor for ‘research’, minister says

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Myanmar is planning to build nuclear reactors for research purposes after it develops the expertise required to run one safely, Union Minist...

TAITRA hosts auto parts show in Myanmar

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The second Auto Expo Myanmar hosted by Taiwan External Trade Development Council (TAITRA) kicked off July 18 at Tatmadaw Exhibition Hall in ...

Denmark to assist Myanmar education sector

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Denmark will provide a grant aid to Myanmar’s five-year development project with emphasis on the education sector. “The roadmap to assist My...

Myanmar-based DMCs get digital upgrades

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THE upgrading of Myanmar's data networks by new telecomms companies in the country are facilitating DMCs' own systems upgrade with m...

Kyaukpyu-Kunming railway's cancelled due to public disapproval

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The memorandum of understanding (MOU) signed between the Ministry of Rail Transportation and China for the Kyaukpyu-Kunming railway project ...

Thai banks step up push for licences in Myanmar

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ALL FOUR THAI banks in Myanmar are intensifying their efforts to secure banking licences in the belief that opening up of the industry will ...

State airline to expand flights to Asia

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The state-owned Myanma Airways is planning to expand its flights to to South Korea, Japan, China and Taiwan by early 2015.  The airline has...

Ooredoo announces distributors for Burma mobile rollout

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Ooredoo, one of two international telecoms operating in Burma, announced distributors for its low-cost mobile devices on Friday. The Qatari ...

Foreign telecom companies to introduce SIM cards

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Foreign telecom companies, Ooredoo and Telenor are preparing to launch the sale of their new SIM cards in August and September, according to...

ASEAN senior economic officials meeting underway in Myanmar

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YANGON, July 20 (Xinhua) -- A three-day ASEAN senior economic officials meeting is underway in Yangon to make preparations for an ASEAN econ...

MPT to begin selling unlimited SIM cards

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The state-owned Myanmar Post and Telecommunications (MPT) said it will start selling unlimited SIM cards rather than a limited number by luc...

India eyes cooperation with Myanmar's energy sector

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YANGON, July 18 (Xinhua) -- India is seeking cooperation in the energy sector with Myanmar, state media reported Friday. A meeting on energy...

Burma’s Oil Production Tipped to Decline; Fuel Imports to Increase

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Burma will become increasingly dependent on imported crude oil and refined fuels over the next ten years because of a lack of planning and i...

Myanmar to host 36th Asean ministerial meeting

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Myanmar will host the 36th Association for Southeast Asian Nations (Asean) Ministerial Meeting on Agriculture and Forestry in September, off...

Bangkok Bank Pledges to Bring Thai Investors to Burma

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RANGOON — Thailand’s Bangkok Bank, one of 25 foreign institutions awaiting permission to operate in Burma, has said it will bring more Thai ...

Myanmar major private bank to launch online banking services soon

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YANGON, July 18 (Xinhua) -- A Myanmar major private bank, the Kanbawza Bank, will launch online and mobile banking services soon and a U.S.-...

KBZ Bank picks up another award for excellence

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Kanbawza Bank was named Best Bank in Myanmar by the UK-based financial markets magazine Euromoney at a ceremony in Hong Kong on July 17, fol...

Myanmar to Grant Licenses to Foreign Banks

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Myanmar is preparing to grant as many as 10 foreign bank licenses next month, a senior government official said, allowing overseas lenders t...