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November 10 - 16, 2003 Update on every Monday Volume 10 , No.191
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A VISIT by the Indian Vice President, Mr Bhairon Singh Shekhawat, has resulted in a further strengthening of bilateral ties, with both sides pledging to increase cooperation in trade, transportation, education, defence and the fight against terrorism.A highlight of last week’s visit was a decision in principle by India to provide a US$57 million loan to upgrade the 800-kilometre rail link between Yangon and Mandalay.On another issue involving the transport sector, the two sides also agreed to ensure progress in implementing a transnational highway linking Myanmar, India and Thailand, which will be the subject of a ministerial meeting in New Delhi next month.[FullStory]

 

THE United Nations special human rights rapporteur on Myanmar, Mr Paulo Sergio Pinheiro, has praised the cooperation he received from the government during a visit to Yangon last week.[FullStory]

THE prime ministers of Myanmar, Thailand, Cambodia and Laos meet in Bagan on November 12 for a summit at which they are expected to sign a declaration on an economic development strategy.The strategy, aimed at increasing competitiveness,...[FullStory]

THE MINISTER for Agriculture and Irrigation, Major-General Nyunt Tin, last week stressed the importance of ensuring that paddy farmers receive good prices from the coming monsoon crop harvest so that rice production is not affected next year.[Fullstory]

 

A LAVISH theatrical production that depicts court life during the last Myanmar dynasty opens at the National Theatre in Mandalay on November 15.The production, which shows how members of the Konbaung dynasty,..[FullStory]

 
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 NEWS

MYANMAR has been making rapid progress in recent years in the development of information technology, which is playing an increasingly important role in the development of the economy.The emerging IT sector is aiding economic development through the crucial role it plays as a tool for training and upgrading human resources, or capacity building.[Fullstory]

YANGON City Development Committee is planning to expand its garbage collection service following a decision to buy 25 specialised vehicles from China by the end of the current fiscal year.[FullStory]

The Myanmar Education Research Bureau launches a training program later this month for more than 3000 people who will be involved in a national campaign aimed at increasing adult literacy rates.[Fullstory]

AN official at the Ministry of Culture has praised the talents of young people who participated in the 11th Myanmar Traditional Cultural Performing Arts Competition that ended in Yangon on October 31.[Fullstory]

 BUSINESS NEWS

TRADE between India and Myanmar has the potential to increase substantially, the Indian Vice-President, Mr Bhairon Singh Shekhawat, and representatives of business groups said last week.[Fullstory]

ONE of the biggest construction companies in Myanmar is planning to establish a one-stop-shop for building materials and household products, a company spokesman announced last week.[Fullstory]

WHEN it comes to property we know this for sure: There are millions to be made in the never ending cycle of booms and busts. And there are millions to be lost as well.[Fullstory]

 
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