December 12 - 18, 2005 Myanmar's first international weekly © Volume 15, No.296
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MYANMA Gems Enterprise (MGE) started taking bids on November 21 from mining companies seeking permits to explore for jade in Kachin State in northernmost Myanmar.

 

“For many years now, despite the fact that we have an efficient trading centre at our headquarters, the number of shares available for trading has been very limited,” FMI chairman Mr Serge Pun said at the company’s 13th annual general meeting late last month.

 

A local pilgrimage tour operator said her business was doing well despite the price hike, which doubled the cost of fuel sold to long-distance transportation companies from K750 to K1500 a gallon.

U Hla Shwe, the managing director of Yangon tile wholesaler Morning Glory Co., Ltd, said sales of tiles imported from Indonesia had dropped 50 per cent since early 2003. ....

 

A BUSINESS delegation from Myanmar attended the Third ASEAN Business and Investment Summit in Kuala Lumpur, Malaysia from December 9 to 12 with the purpose of exploring business and investment opportunities among ASEAN and East Asian countries.

 

A SEMINAR on self-management organised by the Gunkul Engineering company was held at Micasa Hotel Apartments on Kaba Aye Pagoda Road in Yangon on November 19 and 20.

 

GENERATOR producers and dealers in Yangon have expressed mixed feelings after the government announced in late November it would allow private enterprises to supply power in the city, potentially denting the lucrative generator dealerships.

 

MYANMAR’s pharmaceutical suppliers are showing strong support for more regulated industry standards, with the national body designed to ensure product quality and regular supply reporting a 50 per cent increase in membership in the past year.

 

THE demand for digital, or electronic, weight scales has increased dramatically in the domestic market following the implementation of government regulations in October requiring fish wholesalers to abandon the use of traditional mechanical balances.

 

MYANMAR cooks can breathe a little easier as cooking oil prices look set to continue their decline of recent weeks after the staple kitchen ingredient experienced four months of steady price rises.

 
HOUSE OF THE WEEK

FOR house hunters looking to move into a bigger home in an exclusive area, the Myanmar Times House of the Week offers a quarter acre of majesty and grandeur for the discerning buyer.

 

THE National Convention to draft a new constitution was an “historic milestone,” Secretary-1 of the State Peace and Development Council, Lieutenant-General Thein Sein, said at the opening last week of its third session since the government unveiled its road map for a transition to democracy in August 2003.

 
THE Prime Minister, General Soe Win, is leading Myanmar’s delegation to the 11th annual ASEAN summit and the historic inaugural East Asia summit in Kuala Lumpur this week, the government announced on December 7.
 
MYANMAR and Thailand are likely to begin contract farming of some crops early next year under an agricultural cooperation program, ......
 

TRADITIONAL cultural values have an important role in helping to combat HIV-AIDS, the Deputy Minister of Health, Dr Mya Oo, told a ceremony on December 1 to mark World AIDS Day.

 
SEDONA Hotel was the place to see and be seen on the evening of December 2, as the cream of Yangon’s celebrity crop gathered in their colourful outfits and glittering jewellery.
 
TWO bright young stars in Myanmar’s fashion design world were invited to show their work at the Kuala Lumpur-Asia Fashion Week in late November.
 

ALTHOUGH some local beauty experts predict that hairstyle trends could change soon, stylish Yangon girls still prefer straight hair to perms.

 
 
 
 
 
 
 
 
 
 
»
ART AWARD
Myanmar Contemporary Art Awards 2004 Finalist
 
 
»
YOUR OPINION
 
I STARTED learning about HIV when I was at high school. HIV is the human immunodeficiency virus that causes AIDS, a disease that results in the body’s immune system breaking down and being unable to fight infection. .....
 
»
THINKING ALOUD
I graduated from the Yangon Institute of Economics in 1968 with a Master of Commerce degree. I was a lecturer at the institute from 1969 to 1981...
   
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