NAYPYITAW—The Lower House of Parliament on Thursday approved a proposal urging the Union government to take steps to reduce the prevalence of cancer in the country. Describing consumption of unhealthy foods as one of the leading causes of cancer in Myanmar, Lower House lawmaker U Kyaw Lwin Aung urged the government to take action in […]
Lawmakers Rebuke Construction Ministry Over Handling of Road Contracts
August 8, 2018 by
NAYPYITAW — The Lower House of Parliament on Tuesday passed a proposal to urge the government to keep companies true to their contracts after accusing the Construction Ministry of failing to adequately monitor firms it hires to build and maintain roads using the BOT — build, operate, transfer — system. Though the companies collect the […]
Locals Object to Mandalay Hill Cable Car Installation
September 11, 2017 by
MANDALAY — A proposal to build a cable car at Mandalay Hill, a landmark in the cultural center of Mandalay, has been widely criticized by locals. The initial proposal, recently submitted by the Korean company Sky Dream Co. Ltd., to the regional government, was explained to local environmentalists, lawmakers and Mandalay Hill trustee committee members […]
Myanmar insurance to thrive with competition and free market
August 10, 2017 by
U Myo Min Thu is the Managing Director of AYA Myanmar Insurance (AMI), one of the top three private insurers in Myanmar. AMI was created in 2013 following the liberalization of economic policy which permitted private insurers to enter the market. AMI is the insurance arm of AYA Financial Group, a conglomerate which also owns […]
Drug safety policy by year end
August 7, 2017 by
The move comes at a time when the department of Food and Drug Administration (FDA) is battling with sub-quality drugs, unregistered, fake and expired medicines sold in local pharmacies – largely procured from neighbouring countries. The number of deaths related to fake drugs and patients who have no resistance to substandard and fake drugs is […]
Shwedagon High-Rise Developments to be Relocated Soon: MIC
September 2, 2015 by
RANGOON — The relocation of five cancelled developments planned near Rangoon’s Shwedagon Pagoda is likely to be finalized by the end of the year, according to the Myanmar Investment Commission (MIC). At a press conference on Wednesday, MIC secretary Aung Naing Oo reiterated earlier comments that developments would be relocated elsewhere in Rangoon to compensate […]
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