July 18 - 24, 2005 Myanmar's first international weekly © Volume 14, No.275
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A YANGON development company has redesigned a building project on Manawhari Street to avoid obscuring views of the city’s landmark Shwedagon Pagoda, said a director at the company. Opal International Co., Ltd has changed the plans of the Manawhari Development Project to reduce the height of the buildings from 12 to eight storeys. The revised project also calls for the construction of five buildings rather than two, as originally planned.

 

THE Myanmar Foreign Trade Bank, and the Myanmar Investment and Commercial Bank will soon resume account transfer services in accordance with instructions issued last week by the Trade Council, said a business leader in Yangon.

MYANMAR traders signed sales contracts worth a total of US$290 million with Chinese entrepreneurs during the Greater Mekong Subregion Business Forum, which was held on the sidelines of the GMS Summit in Kunming, China, from July 3 to 4.

THE semi-government Myanmar Industrial Development Bank in fiscal 2004-2005 granted loans totaling nearly four times the amount of money it had granted in the previous fiscal year, the bank’s chairman, Major General Saw Lwin, said last week.

 

THE market for used cars was inactive and prices remained largely unchanged in the first week of July, said market sources at Hanthawaddy, the biggest car-trading zone in Yangon.

 

ABOUT 40 Myanmar gem traders will take part in Facets 2005: The 15th Sri Lanka International Gem and Jewellery Show, to be held in the capital city, Colombo, from August 31 to September 3.

 

A GROUP of miners and geologists in Myanmar has submitted an application to the government for permission to start a new mining association, said the director of the Myanmar-Tin Tungsten Co. Ltd mining company.

HOUSE OF THE WEEK

THE appeal of the Myanmar Times House of the Week lies in both its grand colonial architecture and its spectacular location along the shores of Yangon’s picturesque Inya Lake.

 

INDIA has indicated that it would reject conditions sought by Bangladesh for allowing a proposed pipeline to carry natural gas across its territory from a gas field off Rakhine State.

 

The United States has said Rice will skip the ASEAN Regional Forum (ARF) and the post-ministerial conference of the Association of Southeast Asian Nations annual meeting in Vientiane.

 

FOLLOWING the success of the first all-female rock concert in Yangon last month, the ladies are now set to rock Mandalay.


 

On July 5, producer Pee Paw brought together 58 female singers to record the Live Jewels VCD, due out in October. The immense concert - a treat never seen before in Yangon - took place at the Myanmar Convention Centre on July 5.

 

LOCAL hairstylists took a quick course last week with visiting Japanese hairstylist Hidero Nakagami. “We asked him to train the staff at our Shiseido beauty salon,” said Daw Ei Thandar Khaing, manager of Taw Win Oo Co Ltd, which brought the first Shiseido salon to Myanmar.

 

HORROR films are back on the menu in Myanmar with the upcoming release of two new films by famed director Maung Myo Min.


 
 
 
 
 
 
 
 
»
ART AWARD
Myanmar Contemporary Art Awards 2004 Finalist
 
 
»
YOUR OPINION
 
MY company, Htet Oo Manpower Company, has been arranging overseas jobs since it was granted a permit by the Department of Labour in April 2003. ......
 
»
THINKING ALOUD
I graduated from Yangon University with a Bachelor of Arts in 1962 and a Bachelor of Law in 1964. .....
   
  JOB |Domestic|
 
»

The Embassy of Japan
Vacancy for the Post of Clerk

The Embassy of Japan currently has a vacancy for the post of clerk. Applicants must be under 35 and in good health with at least 5 years’ work experience. .....

to G.P.O Box No. 841
by 29th July 2005.

 
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