Lower House to form committee to monitor ministry purchases

The Lower House of parliament decided on January 27 to form a national supervisory committee to oversee government ministries' equipment purchases.

Lower House MP Tin Nwe Oo of Dagon Myothit (North) submitted a proposal to form the supervisory committee monitor the product sharing contracts of the ministries of energy, electric power, mining and information.

Compromise needed in education bill disputes, says Suu Kyi

Aung San Suu Kyi, the chairperson of the National League for Democracy (NLD), said all parties must prepare to  compromise on the controversial national education bill.

She spoke in response to reporters at the parliamentary session on January 27, where Suu Kyi also remarked in the protest march against the education bill currently on its way from Mandalay to Yangon.

CHD Bank offers home loans at 13 per cent interest

The Construction and Housing Development Bank is now offering loans to home buyers and builders at 12 per cent interest plus a one per cent service fee.

“We are financing both buyers and builders. Savings accounts must be opened at the bank to apply for a 13 per cent interest loan. Some purchasing documentation from both parties (buyers and sellers) is required to get a loan approved,” an official from the bank said.

The bank has not put a limit on loan amounts for individual borrowers, but it will consider each borrower’s credit limit. 

Education Minister promises to amend National Education Law

Union Education Minister Dr Khin San Yi said measures will be taken to amend some provisions of the National Education Law following protests against the law by students across Myanmar.

Parliament also recently announced that the education ministry is due to submit a bill to amend the education law for parliamentary discussion.

Ethnic coalition denounces murder of two Kachin teachers

The United Nationalities Alliance (UNA) has strongly condemned the brutal rape and murder of two Kachin volunteer teachers in a recent statement. It referred to these acts as inhumane and unacceptable. 

In the statement, UNA also expressed its condolences to the two slain teachers’ loved ones, saying the incident is far worse than a normal crime because it insults the goodwill and loving kindness of teachers who work voluntarily.

Farmers clash with troops near Pyin Oo Lwin military school

Farmers and military personnel clashed on January 27 near the Pyin Oo Lwin Defence Service Technological Academy (DSTA) when soldiers tried to extend the fence around the facility.

The farmers were previously allowed to cultivate the land around the military facility in exchange for tax fees. The land had been regarded as a standby area for the DSTA since 1993. The extension of the fence cut into the land being cultivated by the local farmers.

Third overpass with escalators to open soon

Yangon’s third overpass fitted with escalators is set to open soon in front of the Ga Mone Pwint department store on Kabaraye Pagoda Road, according to the Roads and Bridges Department, Yangon City Development Committee.

The area around the overpass is crowded, as it is located near Kabaraye Pagoda and a bus-stop. The overpass is expected to ease traffic congestion.

Costly downtown life drives people to suburbs

People’s interest in living in Yangon’s downtown area is declining due to its high cost of living, ever-growing population and inconvenient transportation system. More and more families are seeking affordable, quite places in suburban areas, according to data collected by house.com.mm, a website that offers real estate services.

Army officers involved in massive illegal smuggling attempt

Authorities have discovered that a captain and a sergeant from the Myanmar Army were involved in smuggling over 10,000 ammonium nitrate bags, which can be used to make explosives, and various illegal electronic items worth over Ks 2.5 billion in an illegal convoy consisting of 17 lorries, according to the anti-smuggling mobile enforcement team.

The smugglers used the Military Import Form (MI Form) to transport illegal items from China to Myanmar. The MI Form was found to have been misused in Muse by the captain and the sergeant from the Eastern Command.

Marching to honor independence hero's centennial birthday

"There can never be a second person with a good spirit like Bogyoke Aung San. I’d be very happy if such kind of person emerges. I really admire Bogyoke. It is an opportunity for me to encounter his centennial birthday during my entire life. I will walk to his birth place Natmauk from Myeik in his honour."