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INFORMATION SHEET No. A.0258



                                     INFORMATION SHEET

                   No. A.0258                                23rd
December,1997
 
(1)		Privatization Should Benefit State, as well as Entrepreneurs
		Myanmar Privatization Commission held its meeting 1/97 on 22 December. Plans
are under way to privatize State-owned factories and cinemas. Duties and
authorities have already been designated for the commission, which is formed
with heads of departments. Coordinations are to be made for realization of the
State objectives and for the entrepreneurs to gain proper benefits.
 
(2)		Tokio Marine and Fire Insurance Co Opens Representative Office
		The opening ceremony of the Yangon Representative Office of Tokio Marine and
Fire Insurance Company Ltd was held at the Hotel Nikkol Royal Lake on 22
December. Foreign investment in Myanmar has been gradually increased. To date,
226 foreign enterprises from 21 countries have been permitted and the total
foreign capital has reached US $ 6.5 billion. Consequently, the role of
insurance business in Myanmar has been increasingly important and extensive
insurance services are called for. Tokio Marine has earned and maintained good
reputation. It has won the respectable positions of the biggest general
insurance company in Japan and the world third biggest general insurance
company.
 
(3)		Paper Reading Session on Health Research in Myanmar for 1997 	Commences
		The paper reading session on health research in Myanmar for 1997 commenced
at the Medical Research Department in Yangon on 22 December. Those present
asked questions after the papers were submitted. Altogether 78 papers will be
presented. Eighteen posters are on display.
 
(4)		Friendship Fund's Donation for Myanma Science and Technology Research
Department
		The Friendship Fund of Ministry of Foreign Affairs of Thailand donated
machines to Ministry of Science and Technology on 22 December. Ambassador Mr
Poksak Nilubol explained about the donation and presented related documents to
Minister U Thaung who thanked the donors. The concrete compression testing
machine and Chromatotron are to be used in Myanma Science and Technology
Research Department.
 
(5)		K 2.5 Million, FEC 3,200 for MMCWA
		Singapore Association of Myanmar donated K 2.5 million and FEC 3,200 to the
Myanmar Maternal and Child Welfare Association at the office of the
association on 22 December.
 
(6)		Myanmar Marathoners Win Semi-Marathon in Cambodia
		Thura of Myanmar was first in men's semi-marathon clocking 1:07:05. Over 400
marathoners of 17 countries participated in the race held in Siem Reap,
Cambodia on 20 December. Vietnam was second and Cambodia third. In women's
race, Win Win Mar of Myanmar was first with the time of 1:15:17, while Vietnam
was second and Lao third.
 
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