Vol. VI, No. 3, March 1992 +-+-+-+-+ - Ibiblio
Vol. VI, No. 3, March 1992 +-+-+-+-+ - Ibiblio
Vol. VI, No. 3, March 1992 +-+-+-+-+ - Ibiblio
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47 exporters, 49 importers, and 34 business representatives, bringing<br />
the total (minus cancellations) to 2,125, 1,455, and 735<br />
respectively. (WPD 3/1)<br />
Energy, Fuel, and Transport<br />
Feb. 29: Minister for Energy U Khin Maung Thein formally<br />
initiated operations at Laymyethna <strong>No</strong>. 1 Oil Test Well in Hinthada<br />
Twp. [Ayeyarwady]. (WPD 3/1)<br />
Mar. 1: State LORC Secretary (2) Maj-Gen. Tin Oo visited the<br />
natural gas pipeline of the Aphyauk test-well in Taikkyi Twp.<br />
[Yangon]. The 14.5 mile pipeline, being constructed by the <strong>No</strong>. 11<br />
Light Infantry Division, will bring natural gas from the well to the<br />
main pipeline at Thanatchaung village, from where it will go to<br />
factories in Yangon, Tanyin [Syriam], and Hmawby. The existing 6 inch<br />
pipeline from Kyetphugan to Zigon villages is being replaced with an<br />
11-mile 10 inch pipeline to send natural gas to Hmawby and<br />
Danyington. (WPD 3/2)<br />
Mar. 5: An agreement was signed between Myanma Petroleum<br />
Products Enterprise and Castrol Singapore Pte. Ltd. for selling and<br />
distributing fuel oil and lubricants on a consignment basis. (WPD<br />
3/6)<br />
Mar. 9: The first 100 (of 200) bogies purchased from Yunnan<br />
Machinery and Equipment Import & Export Corporation, arrived at<br />
Lashio, via Muse, on Feb. 29. The rest will arrive in May. The<br />
contract, for US$283,000, was signed in <strong>No</strong>v. 1991. (WPD 3/10)<br />
Mar. 16: 40 more Daewoo buses, out of 200 ordered by the Road<br />
Transport, arrived on the MV Mawlamyine. The new Ro Ro II ferryboat<br />
was completed; it is 130 ft. long, 30 ft. wide, and draws 6 feet.<br />
Fitted with a 250 HP engine, it cost over K2 million and can carry 7<br />
ten-ton trucks. It will be used on the Insein-Hlinethaya ferry<br />
service. (WPD 3/17)<br />
Mar. 27: Beginning Mar. 26, oil can be exploited commercially<br />
from Well <strong>No</strong>. 116 of the Pyaytaungdan Oil Field. (WPD 3/28)<br />
Gems and 29th Gems Emporium<br />
Mar. 2: Total sales at the 29th Myanma Gems Emporium were<br />
K52,909,943 (US$8,771,397). Of this K1,720,856 went to joint ventures<br />
and K4,246,822 to private entrepreneurs. The sales broke "the sales<br />
record." 585 merchants from 18 countries participated. (WPD 3/3)<br />
Mar. 6: 29th Myanma Gems Emporium: Source of finest gems, by<br />
Maung Maung Aye. [Interviews on notable gem sales.]<br />
Mar. 26: A new site with rough ruby deposits has been<br />
discovered, thanks to "some patriotic and duty-conscious persons."<br />
They deposited with the authorities 369 rough rubies weighing a total<br />
of 227 carats, including one 11.7 carat stone. Subsequently, 301 star<br />
rubies weighing 111 carats [details] and 67 cabochon rubies weighing<br />
15 carats were obtained. They are of "exquisite quality" with varying<br />
colours including pigeon blood. Tests are under way to decide whether<br />
to designate the area as a "stone tract of the State." [photo] (WPD<br />
3/27)<br />
New 10-pya Coin<br />
Mar. 2: A new 10-pya coin will be issued on April 1. The design<br />
is the same as that announced Feb. 27, 1983, except that the legend<br />
(in Burmese) reads "Central Bank of Myanmar" instead of "The Union of<br />
Burma Bank," and the date is 1991. [photo]. The coin is circular,<br />
with a diameter of 20.42 mm and a thickness of 1.3 mm. The edge is<br />
smooth (not milled). The weight is 2.8 grammes. All currency coins<br />
currently in use remain legal tender. (WPD 3/3)<br />
Coop Exports<br />
Mar. 10: Co-operative Societies export earnings were US$610,000<br />
in 1989-90; $3.16 million in 1990-91; and $9.29 million in 1991-92.<br />
The target for <strong>1992</strong>-93 is $11.33 million. (WPD 3/11)<br />
Banking System