News

Kayah Hluttaw to scrutinise state budget

THE Kayah State government has proposed a budget of K51 billion for the fiscal year 2017-18. The budget will be spent evenly on all sectors with the aim to facilitate the region’s development, said Kayah State Hluttaw Speaker U Hla Htwe.Keep reading ...

New Investment Law Rules to be Announced in March

RANGOON — Burma’s Directorate of Investment and Company Administration (DICA) will announce new regulations for the national investment law in early March, in time for the start of the 2016-2017 fiscal year, according to a senior DICA official. Keep reading  ...

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 ...

Thousands of pregnant women left without healthcare in Rakhine

An estimated 7600 pregnant women have been left without access to basic or primary healthcare services for almost two months in the northern Rakhine townships of Maungdaw and Buthidaung since the outbreak of violent conflict in early October.Keep reading ...

Mandalay fisheries fail to meet demand

MANDALAY’S fisheries are unable to keep pace with demand, with industry figures saying more than 48.9 tonnes of fish is imported daily from Yangon. Keep reading  ...

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 ...

Government Eases Trade Restrictions

RANGOON — Burma’s government has announced a plan to ease trade restrictions on joint ventures between local business people and foreign investors, U Yan Naing Tun, director general of the Ministry of Commerce, told The Irrawaddy.Keep reading ...

Hydropower review taskforce stalls, waiting for instructions

A commission member on the taskforce reviewing hydropower projects said the team has yet to hear back from the president about the first submitted report, which is believed to have advised cancelling the controversial, Chinese-backed Myitsone dam.Keep reading ...

Data from probe into dubious land deals submitted to Mandalay Region government

An investigation team formed to look into suspect land concessions reportedly made during the transition period earlier this year has reported its findings to the Mandalay Region government, according to team leader U Myint Aung Moe. Keep reading ...

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