- Local farmers prepares to plough on disputed farmlands
- Legislations for better transport system of Yangon in the pipeline
- Father of Kachin war's victim still on trial for alleged false complaint
- Myanmar to participate in ASEAN Self-Certification Pilot Project
- Myanmar prepares for ASEAN Chair 2014
- Parliament approves 60-day extension of state of emergency order in Meikhtila
- EMG to sue mysterious blogger Dr Seik Phwar
- Govt pushes for Kyaukphyu-Muse railway project without public notification
- MTN to provide assistance to other sectors if selected as operator
- Buddha images stolen in Bagan
Local companies donate K1.2b to quake-hit areas in central Myanmar
Published on Monday, 26 November 2012 16:57
Myanmar companies, including Shwe Than Lwin Co, donated 1.2 billion kyats (US$1.4 million) to earthquake victims in Mandalay and Sagaing regions on November 24.
Officials of those companies made the donations when they accompanied President Thein Sein during his tour of the quake-hit areas.
A strong earthquake measuring 6.8 on the Richter scale, the second largest in the country’s history, hit central Myanmar on November 11, killing at least nine people, injuring over 30 and damaging more than 100 houses in the two regions.
In comforting the quake victims, President Thein Sein assured that reconstruction tasks would be carried out with the help of the government and donors. He then called for public participation in the tasks.
He also affirmed that the victims would not be relocated and the damaged houses and buildings would be repaired or reconstructed in the same places. Buddhist monasteries will be reconstructed first.
In his tour, the president was accompanied by Defence Services Commander-in-Chief Vice-Senior General Min Aung Hlaing, Upper House Parliament Deputy Speaker Mya Nyein, government ministers and senior military officers.
Sky Net Broadcasting Media owned by Shwe Than Lwin Company, Asia World, IGE, Max Myanmar, Shwe Taung and IBTC donated 1.2 billion kyats.
Mother Construction Company will take charge of repairing the damaged houses and buildings in Sammenago Village. The company is an arm of Mother Trading Company, which is running Danyingon Brick Factory leased from the Ministry of Industry.
Some firms in Myanmar, including famous companies, are reportedly notorious for tax evasions.
Fuel smuggling alone in the country has caused the government to suffer a great loss of 60 billion kyats in the form of state revenues.
In the second week of this month, authorities confiscated 113 tonnes of illegally imported petrol in Mon State by a vessel of Shwe Than Lwin Company. But, no details about how to take action against the illegal imports are released.