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(1)
(2) Indian Companies Reluctant to Invest in
(3) Cash confiscated from father-in-law of purged Nasaka official
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Burmese Language Story
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(1) Kachin leader car
attacked by Mine
(2) WLB expanded- new programs to be launched
(3) Chin LND held secret meeting
( Dear BNI readers for Burmese
Language Story Please download the font
in the attached file and add it in
your computer. And you can read it in
the www.bnionline.net .)
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Nava Thakuria
Mizzima News (www.mizzima.com)
gas pipeline project, where
The recent talks between the representatives of
government also failed to resolve
the issue.
Attendeding the
Finance and Planning Minister M Saifur
Rahman made it clear that the
issue was not easy to resolve and
it needs further discussion under a
package deal with other bilateral
issues altogether.
Revealing
pipeline from Arakan
to be resolved after elaborate
discussion and negotiations among the
three concerned countries.”
He, of course, promised that Begum Khaleda
Zia led
would seriously consider the
proposed gas pipeline project. Mr Rahman
was however, prompt enough to over
rule any gas export from
to
natural gas in the country.
Earlier
pipeline if
But it is understood that the Indian government is in
no mood for
allowing a transit route to
Mr Rahman
couldn’t resist his disappointment over the reluctance of the
government of
that, the 30-year effort by
road in
The finance minister also informed that
immediately ready for road transit
to
transportation between Kolkata and Agartala in
Northeastern state of
Tripura. But
“
Hence, we may consider the railway transit to
transit will not be possible for
said Mr Rahman.
The Finance and Planning Minister Mr
Rahman met the Indian Prime
Minister Dr Manmohan Singh,
External Affairs Minister Natwar Singh,
Finance Minister P Chidambaram, Commerce and Industry
Minister Kamal
Nath, Petroleum Minister Mani Shankar Aiyer
with others during his four
days stay in
+++++++++++++++++++++++++
Indian Companies
Reluctant to Invest in
=============================================
Surajit Khaund
Mizzima News (www.mizzima.com)
Even as the Burmese Government seeks Indian Companies to
investment in
the country, the Indian companies
at the moment are reluctant to go for
immediate investment, instead they favoured conducting a detailed market
survey in
Meeting recently with Mizzima
correspondent the heads of some of the
leading Indian companies smugly
said that they required more time for
investment in
Rajiv Dubey,
vice president of Tata Motors,
manufacturer told this correspondent
that the company did not have any
immediate plan to invest in
Eropean countries.. “We require a detail survey on
present condition of
the country before taking any final
decision”, Dubey said in an
exclusive interview with the
correspondent.
General Than Shwe during his recent
visit to
Indian companies to invest in the country and assured of
providing
incentives.
On Mr Shwe’s
invitation, Dubey revealed that several auto
companies are
eyeing the emerging economy of
ASEAN and hence Tata wanted to be a part
of it, but investment in
Meanwhile, Mr Raghu
Pati Singhania, director of
JK Tyre said that for
investment in
Mr Singhania,
informed that for setting up production unit in
company needs more security
from the Government. “ We have to study
the present market for taking
any final decision, but we do not have
immediate plan”, he added.
Mr Singhania,
however, has welcomed the move of the Indian government
for opening of trade links.
the demand generally the tyres are smuggled to the country through
border point, particularly from the
Tamu-Moreh point.
It is learnt that several IT companies have sought proper
security and
good market to sell their products
despite incentives provided by the
Junta for setting up of industries.
But the oil companies are very keen to go for exploration in
+++++++++++++++++++++++++++++
Cash confiscated from
father-in-law of purged Nasaka official
=============================================================
Narinjara News
Maung Daw, December 10: The local military authority has
confiscated
money and gold from the
father-in-law of Sergeant Aung Zaya, who was in
charge of the Nasaka,
or Burmese border security, check-point 3 at Maung
Daw township, Arakan
state.
U Pyone Win, the father-in-law,
lives on
Quarter, Pegu, 50 miles east of
Course. "His employee number
is 1197," a lawyer said, quoting a police
officer from
Maung Daw.
15 million kyats in cash and gold worth 37 kyats were
concealed at Lae
Kyon Aung Mae monastery at Pegu.
The police officer said "the authority is also
investigating those who
have business relations with Aung Zaya."
16.4 million kyat was confiscated from U Hla
Khaing from Lae Mine, 6th
Quarter of Maungdaw, who borrowed
money with interest from Aung Zaya .
At the same time, 3.7 million kyats received from Etarlone, Myothagree,
Hngakhung and Batagone
villages was obtained by abusing his power
against one villager over another.
Kan Bow Za bank was also
investigated for mone y transitions by Aung Zaya.
Aung Zaya worked under Nasaka's Colonel Aung Ngwe and
Military
Intelligence 3. He was also in
charge of Gate 3 at Maung Daw and
possessed a large amount of cash
obtained illegally.
#END#
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Burma News International is a network of nine exiled media
groups
such as Mizzima
News, Shan Herald Agency for News, Kao Wao News Group,
Khonumthung News Group, Narinjara News, Kaladan Press
Network,
Independent Mon News Agency, Karenni Information
Network Group and Network Media Group.
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