North Petro Chem Corporation Ltd of China exploring gas field in Ngahlaingtwin area

Deputy Minister for Electricity and Energy Dr. Tun Naing described joint oil and gas exploration and production projects between Myanma Oil & Gas Enterprise (MOGE) and North Petro Chem Corporation Ltd of China to yesterday’s meeting of the Amyotha Hluttaw. The deputy minister said North Petro Chem Corporation Ltd signed a PSC with MOGE for […]

Tech transfer clause linked to enactment of IPR law

The inclusion of the technology transfer clause in contracts inked in Myanmar by foreign firms will only take effect after the Intellectual Properties Right (IPR) law is enacted, said Deputy Minister for the Ministry of Planning and Finance U Maung Maung Win. Speaking at the Amyotha Hluttaw session yesterday, he said, “When the IPR law […]

Ministry to Set Up Industrial Zone in Paletwa

The Ministry of Industry has decided to set up an industrial zone in Paletwa township, Chin State, according to Union Industry Minister U Khin Maung Cho on May 25. That industrial zone is aimed for the development of value-added small and medium-sized enterprises (SMEs). Those SMEs include Chin traditional loom business, coffee industry and ginger […]

K30b Request to Boost Yangon Power Approved

​​ A request of K30 billion from the special reserved fund, granted by Budget Law of the Union 2016, to be spent for supplying the electricity power shortage in Yangon Region during the summer season was approved by the Pyidaungsu Hluttaw on March 17 amidst complaints by some MPs about poor electricity conditions in their […]

Five Content Providers to be Announced at The End of This Month

​​ Five content providers in a shortlist of ten companies will be announced at the end of this month, said Dr Pe Myint, from the Ministry of Information. The minister made his remarks when he explained the ministry’s work progress and future tasks to MPs at the dinning hall after the regular session of the […]

9 Acres of Marga Land Returned to Govt, but MP Demands More

The return to public hands of more than half a plot of land given to Marga Landmark Co for the relocated Dagon City real estate project in the waning days of the previous government is not enough for MP U Maung Maung Ohn, who yesterday called for more. Nine of the 17.7 acres of public […]

Myanmar to launch single-stop inspections at borders with neighbouring countries

Single-stop inspections will be deployed at border gates between Myanmar and neighbouring countries to prevent illegal trade, said Union Minister for Commerce Dr Than Myint yesterday. The Union minister told Amyotha Hluttaw that discussions are ongoing with China and Thailand to launch the single-stop inspection system at border crossings. The system is aimed at avoiding […]

Ministry to allow local and foreign investment forest plantation projects

Approval of the present government will be given to forest plantation projects involving local and foreign investments in forest reserves and protected forest areas, Union Minister for Natural Resources and Environmental Conservation U Ohn Win told Amyotha Hluttaw yesterday. Establishment of private forest plantations have been allowed since 2006-2007 FY for enabling wood-based industries to […]

Short-term and long-term land grants issued to applicants with no record of land disputes

ONLY applicants who have never been involved in land disputes have been granted leases of land for 10 years or 30 years in accordance with Upper Myanmar Land and Tax regulations and Lower Myanmar Town and Villages regulations, Deputy Minister for Home Affairs Maj-Gen Aung Soe told the Amyotha Hluttaw yesterday. Respective district commissioners have […]

Govt to limit jade mining under new laws and restrictions

NEW laws will soon be enacted to restrict jade production within the Lonekhin and Hpakant mining blocks in Kachin State, said Union Minister for Natural Resources and Environmental Conservation U Ohn Win at a session of the Amyotha Hluttaw yesterday. No more jade mining blocks will be allowed, and restrictions will be set on the […]