Ayeyawady, Chindwin, Ngawun rivers have exceeded danger levels

WHILE exceeding danger levels around several towns the Ayeyawady and Chindwin rivers have threatened to flood people living in low-lying areas. The Department of Meteorology and Hydrology has alerted people living in lowing lying-areas in Mandalay, Sagaing and Ayeyawady regions to take precautions against possible flooding. According to observations yesterday the water level of the […]

New tolls to be charged on Ayeyarwady, Chindwin rivers

Six new toll stations will open along the Ayeyarwady and Chindwin rivers on December 1, according to an official. In addition to collecting fees, the stations will be charged with ensuring boats are in good condition and are driving according to the law. Fees will be set at K200 for a vessel less than 39 […]

French joint-venture to open agribusinesses in Myanmar

The French agricultural firm SIACOM has recently been given the go ahead under a joint-venture to launch agribusinesses in Myanmar, according to the The Myanmar Investment Commission (MIC). The Societe Industrielle Agricole Et Commercial D’Outre Mer (SIACOM) and Myanmar’s XY Trading Co Ltd have joined hands under the new company Shwe Zabar Co Ltd, which […]

Foreign investments in garment industry on the rise in Myanmar

Some foreign countries such as China, Hong Kong , French, Singapore and Japan will operate garment industry including rice and other agricultural with Cutting, Making and Packing(CMP) system in Myanmar, according to Foreign Investment Law. A Chinese companies such as Jiangsu Solamoda Garments Group Co;Ltd and Dong Fang Star Garment Factory Ltd will carry out […]