Traders seek to recoup losses on K5 billion in seized rice

About 50 rice traders from Mandalay Region and Katha, Banmauk, Htigyaing and Kawlin townships in Sagaing Region said their partner’s detention for the past two months has hurt their business. Their meeting at the Banmauk rice traders association office on Wednesday was attended by National League for Democracy MPs from Banmauk. U Aung Thein, who […]

Vietnam vies with Myanmar and Indonesia for foreign hi-tech investment

VietNamNet Bridge – Multinational technology groups are restructuring their production strategies, giving Vietnam a reason to hope that it would be their next destination. But Myanmar and Indonesia, which also have low labour costs, are scrambling to attract the same investors as well. According to PingWest, a technology news website, Microsoft is continuing to restructure […]