February 23 - 29, 2004 Myanmar's first international weekly Volume 11 , No.205
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THE government is ready to promote the Myeik Archipelago as a major tourist destination and is inviting foreigners to invest in the area, the Deputy Minister of Hotels and Tourism, Brigadier-General Aye Myint Kyu, said last week.Improved relations with Thailand had paved the way for opening the area, including the border port of Kawthaung, to greater development, Brigadier-General Aye Myint Kyu told Myanmar Times on February 16.

U Saw Lwin, an orchid breeder, is a central executive committee member of the Myanmar Floriculturist Association and managing director of the Myanmar Flora Co. Ltd.

A SENIOR member of India’s leading industry body has welcomed a pledge by the Prime Minister, General Khin Nyunt, to work for a further strengthening of relations with India.Mr Rajive Kaul, the past president of the Confederation of Indian Industry, said General Khin Nyunt made the pledge last Friday during a visit to the Made in India trade show at the Yangon Trade Centre. [Fullstory]

Mr Masashi Ogawa, a counsellor at the embassy, said the decision late last year to resume aid had followed an assessment of political developments in Myanmar last year, which included the release of a road map for a transition to democracy.[Fullstory]

MYANMAR and Ireland, the current president of the European Union, established diplomatic relations earlier this month.An agreement to establish diplomatic relations on a non-resident basis was signed in Kuala Lumpur on February 10, the Myanmar Foreign Affairs Ministry announced in a statement released the following day. [Fullstory]



THAILAND’S Thongchai Jaidee triumphed at the US$200, 000 Myanmar Open, picking up the winner’s cheque for $32,300 and claiming his second trophy in two months having won the Volvo Masters of Asia in Thailand in December.[Fullstory]


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Temperature and time at Yangon



STUDENTS from a Japanese university handed over nearly 40 wheelchairs, as well as towels and stationery, to two Yangon hospitals during a donation ceremony held on February 10. [Fullstory]

KNOWLEDGE of contraceptives has risen among Myanmar women in the past ten years as a result of AIDS awareness and reproductive health programs, United Nations and government officials said last week.[Fullstory]

MYANMA Post and Telecommunication will issue a commemorative stamp in May to mark to centenary of the Federation Inter-nationale de Football Association (FIFA), an official with the MPT said last week.[Fullstory]

“Although only a few billboard advertisements for cigarettes and alcohol can still be seen in Yangon and Mandalay, they are still quite common in smaller cities,” said Dr Nyo Nyo Kyaing, the manager of the ministry’s tobacco-free initiative project.[Fullstory]



THE Prime Minister General Khin Nyunt has urged Yangon’s developers to complete high-rise projects in the city before 2006.Gen Khin Nyunt was speaking at a meeting of the City Housing Project Supervisory Committee at the meeting hall of Department of Human Settlement and Housing Development on February 14.[Fullstory]

Myanmar Investment Commission (MIC) under the Ministry of National Planning and Economic Development, and Thailand Board of Investment (BOI) under the Ministry of Industry signed the Economic Cooperation Agreement. [Fullstory]
MYANMAR companies should be encouraged to investigate capital raising ventures and not just rely on bank loans as they have in the past, according to leading securities market experts.Some private companies should also investigate the advantages of raising capital by becoming public companies, they said.[Fullstory]

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