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Source: The Jakarta Post

Yangon :: Myanmar | updated 2012-06-23 09:21:09 -0700 | political-news

Business The Asian Development Bank says Myanmar faces a surge of investment that threatens to destabilize its economy. ADB Managing Director Rajat Nag told reporters Monday that this month's devaluation of Myanmar's currency is a "very positive step" but a...
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Source: Myanmar News

Yangon :: Myanmar | updated 2012-06-14 17:57:13 -0700 | political-news

The Burmese government signed an energy exploration contract for two inland blocks with a Malaysian company last week...The two inland blocks are RSF-2 in Tuywintaung Myaingtaung region and RSF-3 in Gwaycho... ... Read the full story at Mizzima News Have...
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Source: The Hindu

Yangon :: Myanmar | updated 2012-06-11 04:58:26 -0700 | political-news

The generational transformation within the ranks of the military as well as the role of individuals such as Myanmar President Thein Sein has led to a change in attitudes. A file picture of Members of Parliament at the Lower House...
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Source: Myanmar News

Yangon :: Myanmar | updated 2012-06-09 07:27:56 -0700 | political-news

The central bank set the new official exchange rate at 818 kyat (pronounced 'chaht') to the U.S. dollar -- in line with the most recent black-market rate -- and decided its value would in the future be determined at currency...
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Source: The Hindu

Yangon :: Myanmar | updated 2012-07-02 17:42:02 -0700 | political-news

AP Aung San Suu Kyi addresses her supporters and the media from the headquarters of her National League for Democracy in Yangon, Myanmar. Photo: AP There has been no real change...More than the interest in me as an individual, I...
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Source: Taiwan News

Yangon :: Myanmar | updated 2012-06-03 10:49:54 -0700 | political-news

Myanmar has staged its first foreign exchange auction under a new currency regime that sets the kyat free from its previous fixed rate. The state-run New Light of Myanmar newspaper carried an announcement Tuesday that the Central Bank of Myanmar...
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Source: Myanmar News

Brussels :: Belgium | updated 2012-06-02 14:38:52 -0700 | political-news

Auctions of land plots in prime locations in Rangoon for hotel development are being stepped up by the Burmese government.Thinn Htut Thidar, the CEO of Myanmar-based Universal Link Service Co Ltd, a business consultant and expert on the country, says...
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Source: The Economic Times

Yangon :: Myanmar | updated 2012-06-01 08:24:05 -0700 | political-news

Investors should be cautious when pursuing the opportunities for growth in Myanmar and Cambodia, Southeast Asia's frontier markets, Templeton Asset Management Ltd has said. While Myanmar's natural resources of oil, gas and minerals are positive factors, there are "areas of...
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Source: BurmaNet

Yangon :: Myanmar | updated 2012-05-31 02:10:53 -0700 | political-news

Journalists will be forbidden from taking photographs or conducting interview within 500 metres of a polling station on April 1, the head of the Union Election Commission said last week. Journalists can collect news and photos only outside the polling...
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Source: The Nation

Oxford :: United Kingdom | updated 2012-05-26 00:19:42 -0700 | political-news

Paradorn said the idea of investing in the property business was initiated due to the low supply of hotel rooms in Burma. This has become a big concern after Burma's move towards becoming a democratic country. Many investors are parading...
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Source: International Business Times

Yangon :: Myanmar | updated 2012-05-20 14:49:42 -0700 | political-news

Articles The change would be a shock for government institutions and state-owned enterprises that have been using the official exchange rate of 6.4, the central bank has said. But broader economic waves are unlikely since an exchange rate around 800...
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Source: Myanmar News

Yangon :: Myanmar | updated 2012-04-20 03:36:06 -0700 | political-news

The country has seen a steady increase in foreign tourists after the new government took office in March 2011. The tourism ministry has formed a committee to oversee tourist services. It will also participate in international travel shows to promote...
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Source: CNN

Yangon :: Myanmar | updated 2012-03-18 08:09:45 -0700 | green-news

U.S. bans imports of 4 exotic snake species From Kim Segal , CNN updated 1:19 PM EST, Tue January 17, 2012 Miami, Florida (CNN) -- The United States is banning the importation of four species of snakes and their eggs,...
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Source: The Nation

Yangon :: Myanmar | updated 2012-03-16 05:46:42 -0700 | political-news

The number of foreign visitors passing through Yangon International Airport rose by 21.8 per cent last year to nearly 360,000, reports said Sunday. More than two-thirds were from Asian countries, led by Thailand with 59,010 visitors, followed by China with...
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Source: BurmaNet

Yangon :: Myanmar | updated 2012-03-13 20:30:41 -0700 | political-news

Ltd, an oil and commodity trader partly owned by state-run Zhuhai Zhenrong Corp, is scouting for sites in Myanmar to build a 100,000 barrels-per-day (bpd) refinery, the company's chief executive said. The project, estimated to cost $2.5 billion, is likely...
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