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Archive for September, 2013

Foreign Companies Seek Power Generation in Myanmar Through Wind Power

(Updated: 2013-9-30)   Two foreign companies from Thailand and China are making feasibility study on generating electricity in Myanmar through the use of wind power, according to the Ministry of Electric Power on 30th Sep.            Under respective memorandums of understanding initiated with the ministry, the Gunkul Engineering Public Co of Thailand is to conduct the […]

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New bonded zone in SW China approved

(Updated: 2013-09-26) The State Council, or China’s cabinet, has approved the establishment of a comprehensive bonded zone in southwest China’s Guizhou Province, the provincial government said 26th Sep. The zone will be in the provincial capital Guiyang, with a total area of just over 3 square kilometers. The zone will enjoy the same tax and […]

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Leading S Korean Steelmaker to Invest in Myanmar Construction Industry

(Updated: 2013-09-25) South Korean multinational steelmaker POSCO (formerly Pohang Iron and Steel Company) will invest in Myanmar’s construction industry, according to a company official. To carry out the construction projects, Myanmar POSCO E&C (Engineering & Construction) Co Ltd was formed and the Directorate of Investment and Company Administration allowed temporary registration to POSCO Company on 23th […]

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Posted in: Myanmar

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Car warranty rules to take effect in October

(Updated: 2013-09-24)   A new regulation on auto warranties will take effect next month that gives Chinese customers unprecedented rights to return a faulty vehicle for a replacement or refund. In January, the General Administration of Quality Supervision, Inspection and Quarantine issued the 3R regulation – repair, replacement or return – which is also called […]

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Posted in: China

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Myanmar to Draft Political Dialogue Framework

(Updated: 2013-09-22) Myanmar will start drafting a framework for political dialogue that will include the participation of government, military, parliament, national races, armed groups and political parties in November or December, says a government’s peace negotiator. Aung Min, the vice chairman of the Union Peacemaking Work Committee, revealed the plan during the opening of a […]

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Vietnam Pleges Continued Efforts to Improve Investment Evironment

(Updated: 2013-09-06) Vietnam will continue to try and improve its business climate and legal framework to benefit foreign investors, Prime Mister Nguyen Tan Dung has said. Speaking at the opening ceremony of the 10th ASEAN-China Expo and the 2013 ASEAN-China Business and Investment Summit, which opened 3th Sep in Nanning, China, he said his government would create […]

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Xinjiang to build cotton trading center

(Updated: 2013-09-02) Cotton processors in northwest China’s Xinjiang Uygur autonomous region are planning to build a cotton trading center in the country’s largest cotton planting area. The center will be located in the Xinjiang Huijin Logistics Garden, Korla city, in southern Xinjiang. It will be jointly supported by 17 cotton purchase and processing enterprises with […]

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Posted in: China

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