Local

Coal set to fill power shortfall

Myanmar is planning to increase the electricity generated by coal-fired power plants by 2030 to meet 29.6 per cent of overall demand, sources say.

Students to continue march

Kyaukpadaung – Students marching in protest at the National Education Law have decided to continue on to Yangon unless four-party talks are held, reports say.

They stopped to receive medical checkups in Kyaukpadaung for a day at the residents’ request. 

MPs demand Sky Net contract revision

The Public Accounts Joint Committee of the Union Parliament has called for revision of a government contract awarded to Sky Net Television operated by Shwe Than Lwin Media Co Ltd as it disburses only Ks 40.4 million (about US$40,400) a month, which is far lower than its profits.  

Kaungkhar school reopens

The primary school in Kaungkhar Village has reopened after the murder of two Kachin teachers. 

The two young volunteers were raped and murdered on January 19 in the village in Pan Sai Township, Muse District. 

“The school was closed temporarily after the two teachers were raped and murdered. We have substituted other teachers for their classes,” said Zawra, the secretary of the Kachin Baptist Convention (KBC). 

Warm welcome for protesting students

Thousands of high school students and residents of Kyautpadaung Township warmly welcomed the student protest march which is demonstrating against the National Education Law. The protest march reached Kyautpadaung Township at 3 p.m. on January 29.

Student protesters gave public speeches in front of the Commercial Department, explaining why they are marching from Mandalay to Yangon against the National Education Law. Then, the students and residents of Kyautpadaung participated in the protest march together with the student protesters.

Police: Menbox just a normal massage parlour

The Ahlone Township Police Force and the township administrators after inspecting the Menbox Health & Beauty Spa which opened in Ahlone Township on January 26 said that the Menbox is just a normal massage parlour.

“When we went to inspect the spa, we saw normal massage services. There were no sexual services,” Police Col Tun Shwe told the Eleven Media.

Mizzima to stop daily soon

Mizzima media group will cease publication of its local-language newspaper on February 28, said Soe Myint, chief editor and managing director of Mizzima media.

The stoppage of publication is due to the introduction of digital newspaper on January 1 this year. But the Mizzima media will extend its TV and radio broadcasting services. 

The government gave the green-light for the publication of 16 private daily newspapers in 2013. The Voice daily, the Union Daily, the New Golden Land daily and the Standard Time Daily firstly came out on April 1, 2013.

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.