Myanmar Times & Business Reviews

May 28 - June 3, 2007

Myanmar's first international weekly ©

Volume 19, No. 368

» Content

» HOME

» News

» Business

» Timeout

» Socialite

» Your stars

» Read in Myanmar Language

» Classifieds

» Job

» ARCHIVE

» Internation Flight Schedule

Garden homes losing ground in Yangon

“Electricity at affordable places with gardens is not very good since most of them are out of town. Also, some places don’t have tube wells and we have to rely on the mains water supply, which is less reliable in the summer,” U Ko Ko Aung said. While there are many attractive, leafy homes with large gardens in well-serviced townships such as Bahan, these are well beyond most buyers’ means.

Banks to assist trading at Indian border

“There may be delays when using normal trade, such as in processing remittances and transactions which are to be done through banks, but normal trade procedures will help traders avoid fraud,”

Car sales picking up speed

“I breathed a sigh of relief when the rumour was conclusively denied by the government because I can only afford to trade in low-priced, older cars. I don’t need to worry about that problem anymore,”

Tax forms due July 2

“The income declaration forms are available in all of the IRD offices scattered across the country and are to be submitted to the IRD…”

Interra well plugged in Myanmar deal

The company said in a statement that its net profit dropped to US$10,000 from $35,000 in the corresponding first quarter of 2006. The company recommended no dividend be paid for the quarter.

Gas stove shops call for more LPG

“Actually, gas shouldn’t cost that much, and if the government provided sufficient gas for the people it would be cheaper and more families would use gas stoves,”

Industrial bank sees profits soar in 2006-07

This represents an increase from 66.8pc in 2005-06 but remains below the Central Bank’s ruling that loans not amount to more than 80pc of deposits.

Sinopec to drill for oil in June

State-owned Sinopec will start drilling its first well at Block D, which is covers 4763 square miles of Sagaing and Magwe divisions, the official said on condition of anonymity.

PTTEP hails potential of Myanmar gas field

PTTEP announced the discovery of gas in the M9 exploration block – about 185 miles south of Yangon in the Gulf of Mottama – in January, and has been drilling appraisal wells this year to evaluate the size of the field and develop a production plan.

Yangon shophouse project starts sales

“We chose this place even though it’s a long way from downtown because we expect the area on Kyan Sit Thar Road in Hlaing Thar Yar township to develop more in the future,”

HOUSE OF THE WEEK
Indoor pool tops off first-rate home
	At the back of the 12,978-square-foot (1205-square-metre) section is another treat. Built at the same time as the main house is a second, smaller, two-storey building with myriad possibilities

Accident causes chaos in busy intersection

“I don’t know exactly what happened,” said the driver of one of the cars that was hit by the bus. “A Town Ace that was hit by the bus was in front of me and a taxi that also got hit was beside me. The bus collided with the Town Ace first and then the taxi. It just dragged the cars along until it hit the police box.”

Monk surprises locals in Dubai

“At first they were surprised to see me. My dress and appearance looked strange to them. It was most obvious when I encountered a group of 50 children, who bustled around me,”

Behind every ‘cyber village’… a bicycle?

“The projected total cost to set up a village internet centre is about K8 million. But it could vary from K7 million to K10 million depending on the number of computers, the type of internet connection and the system used to generate power,”

International Music Festival to feature hip-hop stars

“Paris puts on an amazing festival and was the first place in the world to hold one in 1981. Now many countries have adopted the tradition including Myanmar.”

Painter finds life, career in caricatures

“I will not stop following my dreams but I can’t give up caricaturing because I make my living doing it. I think drawing caricatures will support my plan to make paintings in the future influenced by my work as a caricaturist.”

JOB |Domestic|

	The International Language & Business Centre is looking for qualified professional music teachers, who are able to: (1) Draw and develop the music curriculum across the different levels of instruction. (2) Teach music both vocal & insturmental to children of ages 6-14 year olds (3) Monitor & access progress in the teaching process (4) Write a formal report at every stage of development Interested personnel are to submit their application to HRA, No.34,Lay Daunt Kan Road, Tarmwe Township, Ph.951 545 720, 542 982, 559 457. Fax . 951 541 040, Email: ilbcircd @ilbc.net.mm not later than 15th June, 2007 together with the following documents: 1. ID card/ Passport (for expartriates) 2. Degree/ certificates obtained 3. Reference of work/ training in the field of music 4. 2 passport photos

YOUR STARS

Check your dob then click to go.

Jan 20 - Feb 18	July 23 - Aug 22
Feb 19 - Mar 20	Aug 23 - Sep 22
Mar 21 - Apr 19	Sep 23 - Oct 22
Apr 20 - May 20	Oct 23 - Nov 21
May 21 - June 20	Nov 22 - Dec 21
June 22 - July 22	Dec 22 - Jan 19

For further information and enquiries, please contact
management@myanmartimes.com.mm
No. 379/383, Bo Aung Kyaw Street, Kyauktada Township, Yangon Myanmar.
Telephone: (951) 253 646, 392 928 , Facsimile: (951) 392 706
Copyright© 2004-2005 - Myanmar Consolidated Media Co. Ltd. All rights reserved.

Contact: Advertisement - advertising@myanmartimes.com.mm | Contact: Editorial - newsroom@myanmartimes.com.mm
Contact: Webmaster - webmaster@myanmartimes.com.mm