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Malaysian PM Dr Mahathir Mohamad introduces Senior General Than Shwe to government ministers and officials on his arrival in Kuala Lumpur last Tuesday

Malaysia called on to increase investment
THE head of the State Peace and Development Council, Senior General Than Shwe, has called for increased investment from Malaysia, saying it would be mutually advantageous for both countries. Senior General Than Shwe was speaking at a business luncheon in Kuala Lumpur last Wednesday during a three-day visit to Malaysia. Combining Myanmar’s human and natural resources with Malaysia’s technology and capital would "bring about great benefits for our two peoples," AFP quoted him as saying at the luncheon. "Malaysia is moving towards high technology industries. This transformation of your economy means that there is need to relocate your more labour intensive industries," he told his audience of 80 Malaysian business people. Senior General Than Shwe said Myanmar’s workforce had the ability to rapidly absorb new technology and techniques while being paid competitive wages. Senior General Than Shwe also said Myanmar was particularly attractive for agricultural investment.  FULL STORY


European Union gives $2.2m for aid projects
THE European Union has allocated more than US$2 million to Myanmar for health care and other projects which will benefit about half a million people. The donation of two-million euros (about $2.2 million) will be channelled through the European Community Humanitarian Office (ECHO) to non-government organisations in Myanmar during the next 12 months. It brings to more than $6 million the amount allocated by the EU to aid projects in Myanmar since 1996. The EU announced the latest allocation in a statement issued on September 21. FULL STORY

 

A humble family fears a foreign gesture
EI EI Khaing and Zarni Win are two sisters presently contributing the main income for their family of six; father, mother and four siblings. Plus four cats. They work at a garment factory not too far from their house in Shwe Pyi Thar. The far outskirts of Shwe Pyi Thar is reached by miles of rugged tar roads. Mya Sein Thar Lane, (Pleasant Emerald Green) leading to Ei Ei’s house, is made negotiable with sand bags set down in a line on the slippery mud.  A shop sells vegetables at a corner, another has bins of rice and there is even a general store. FULL STORY


 Others News:   Business & Industry :
AIDS campaign to get more resources, says Health Minister
ILO team ends visit this week
New garment factory to employ 1000
Myanmar benefits from special tariffs scheme
Thousands attend childrens' fair
Peer group programs effective, health worker tells workshop
Urban population growth fuels concern about welfare issues
Storm-free monsoon sets 100-year weather record
  Features :
The rigorous rules of ordination and monastic restraint
An ancient industry reaps rewards of modern marketing
Business is booming, say serviced apartments
Luxury accommodation and more
  Agriculture :
Indonesia unveils plan to open rice market
Good paddy harvest on way, predict agricultural experts
  Good news in real estate sector as residential development sells out
Demand soars for Internet data centres
Myanmar chefs groups plans cooking schoo
Electricity plant upgrade to aid cement industry
  Time Out :
A Gem of a deal
'Lotus seeds' and other sweet snakcs
eat your heart out
TIMEOUT Gig Guide
The way we were
Harvard days
  Socialite :
Socialite

 

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