The Myanma Timber Enterprise (MTE) will halve the annual limit for logging teak and hardwood from natural forests in 2019-20, producing just enough timber to meet production costs, U Ohn Win, Minister of Natural Resources and Environmental Conservation, said yesterday. He added that logging will be restricted to trees aged 30 years and above in […]
Read MoreThe Deposit Protection Agency (DPA) is seeking the Bank of Thailand’s permission to get involved in the money refund process from e-wallet operators with an aim of facilitating convenience for service users. The agency discussed the service with the central bank, with consumer convenience to get money back from e-wallet operators as its focus, said […]
Read MoreFor the extensive operations of factories, Thilawa Special Economic Zone is in need of international-standard jetties and logistics services, said Win Aung, chair of Myanmar Thilawa Special Economic Zone Holdings Public Co., Ltd (MTSH). According to the MTSH’s annual report for 2018-2019 fiscal year, the MTSH is conducting preliminary surveys to transform the zone into a […]
Read MoreINFLATION likely slowed further in July as food prices sustained a decline, analysts said in a poll, adding that this would give space for the central bank to resume trimming benchmark interest rates after “a prudent pause” in its June 20 policy review. Estimates of 17 analysts and a research group yielded a 2.4% median […]
Read MoreMyanmar’s aquaculture industry will receive a boost from the barter-trade agreement that was signed between the country and China. Fisheries Department deputy director for quality control and research U Thet Naing said an inventory of fish for export has been sent to China. The inventory has been sent to China via the Ministry of Foreign […]
Read MoreIt has been eight years since Timor-Leste submitted a formal application to be a member of the Association of Southeast Asian Nations (Asean) but so far, the regional bloc has not accepted what would be its 11th member. Timor-Leste Foreign Minister Dionisio Babo Soares, however, expects to hear some good news this year while Thailand […]
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