Aid and development

Trump administration walking back Obama-era foreign policy mistakes in Burma

Less than two years after sanctions were lifted, that decision looks like a major foreign policy mistake, according to a variety of experts and human rights activists who told Fox News that Burma – also known as Myanmar – has slipped back into a miltary-dominated ...

World Bank to loan $100 million to Myanmar Financial Development Project

WORLD Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April.Keep reading ...

Construction on Yangon-Dala Bridge to Begin in April

Construction on the Yangon-Dala cross-river bridge, which will link Yangon’s downtown area to the underdeveloped satellite town, will begin in April this year, the Ministry of Information announced last week.Keep reading ...

Japan Donates Boat to Serve Rakhine Route Stricken by Fatal Sinking

The Japanese gov­ernment has do­nated a boat to Ra­khine state that will serve the same route where a fatal sinking killed dozens in 2015.The boat, delivered by the Japan International Cooperation Agency, is the first if a batch of wa­tercraft that will be used for ...

Economy Expected to Average 7.1 Percent Growth Over Next Three Years

RANGOON — Burma’s economy is expected to grow by an average of 7.1 percent per year in the next three years, amid easing inflation and a rise in investments in infrastructure and sectors such as light manufacturing and hospitality, the World Bank said in a ...

Relocated Street Vendors Complain of Insufficient Space

RANGOON —Rangoon’s municipal committee is facing hurdles in managing the relocation of downtown street vendors to newly designated areas after several individuals complained they were not provided sufficient space to sell their goods.Keep reading  ...

Nippon Foundation Suspends Vehicle Donations

The Nippon Foundation will suspend further vehicle donations in Burma until all of the cars currently parked at the Rangoon Ear, Nose and Throat Hospital have been deployed, deputy head of the foundation Takehiro Umemura told The Irrawaddy.Keep reading ...

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