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Myanmar’s Planning and Finance Minister Submits Resignation

NAYPYITAW — Planning and Finance Minister U Kyaw Win has submitted his resignation to the president amid reports that he is being investigated by the Anti-Corruption Commission and the Bureau of Special Investigation (BSI), sources close to the matter told The Irrawaddy. Since last week, news reports have circulated alleging that the minister and his […]

39 companies eye Yadanarpon Cyber City project

Thirty-nine local and foreign companies have expressed interest to build the New Mandalay Resort City project, also known as Yadanarpon Cyber City, in Pyin Oo Lwin township, the region’s Housing and Urban Development Department said. The Ministry of Construction called for expression of interest (EOI) applications for the project in February, and 39 companies have […]

MPs Investigate Validity of Coffee, Mulberry and Teak Plantations

In the past, forest lands in the Pyin Oo Lwin township of the Mandalay region had been taken over by military officials, retired civil servants, and entrepreneurs, to plant coffee, mulberry and teak. However no one actually knows whether these things were actually carried out. Therefore, some 15 Hluttaw members got together to lead the […]

Camera factory workers strike over allowance

Workers at a camera lens factory in Pyin Oo Lwin township, Mandalay Region, walked off the job because they say the introduction of the minimum wage has led to their pay being cut. The strike is the latest in which workers say factory owners have responded to the minimum wage law by apparently cutting allowances […]

Japanese firm to invest in Myanmar agribusiness

Japan-based Megumi No Sato will join hands with Myanmar’s City Mart Holding Company, to produce and sell vegetables and fruits, according to a company announcement. Megumi No Sato is a popular company back in Japan and is part of the G-7 Group which specialises in selling quality vegetables from select farmers. The Myanmar Investment Commission […]