Locals Object to Mandalay Hill Cable Car Installation

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 […]

Drug safety policy by year end

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 […]

Trade on the rise, more FDI needed: U Ye Min Aung UMFCCI VP

U Ye Min Aung, vice president of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, told the Global New Light of Myanmar his views on Myanmar’s economy in an exclusive interview. Q: Please tell us about the current economic situation in Myanmar? A: At the present period, global economy […]

Applications for public rental housing to open in February

The Yangon Region government will start accepting applications in February for public rental housing for people who cannot afford to buy homes, according to Kyaw Soe, the regional minister for forestry and energy. At the special session of the Yangon Region parliament yesterday, the regional minister replied to a question raised by Dr Nyo Nyo […]

Six foreign companies receive approval for manufacturing and wood factories

Myanmar Investment Commission (MIC) has approved six foreign businesses, including the companies from China, India and Singapore, on December 4, to start their operation in the country. The approved businesses consist of two garment factories, one shoe factory, one sporting accessories manufacturing company and two wood factories. Chinese firm Kamcaine Manufacturing Ltd obtained approval to […]