On PM Narendra Modi’s visit, Myanmar to receive first lot of diesel from India

NAY PYI TAW: The first consignment of high speed diesel from India will reach Myanmar on September 3, Parami Energy Group CEO Ken Tun has said. Ken Tun told Mizzima News that his group is importing the diesel under a joint venture agreement with India’s Numaligarh Refineries or NRL. Two trucks, each loaded with 4,000 […]

Fighting north Myanmar’s addiction curse with sticks and prayers

Armed with batons and the bible, church-backed vigilantes are taking the fight against northern Myanmar’s heroin epidemic into their own hands — deepening the fallout from a drugs trade already feeding conflict and corruption in the region. On the leafy banks of the Irrawaddy river, locals from Katcho village in Kachin state tread carefully among […]

Terex Trucks receive Myanmar Thura order

Myanmar Thura has made its first order of Terex Trucks rigid haulers, purchasing 10 new TR60s to cover expansion at the company’s jade mine in Kachin State, Northern Myanmar. The order for 55 t capacity TR60s will be supplied by local Terex Trucks dealer, LHM, which has supplied Myanmar Thura with equipment for years. Jade […]

Bubble trouble hits Hong Kong jade sales

HONG KONG – Prized as a magical imperial stone, jade is a status symbol of the super rich in Asia, but rocketing prices in the top-end of the market have left traders in Hong Kong struggling to find buyers. With the cost of high-quality raw jade and jade products surging repeatedly in the past eight […]