The Irrawaddy

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 ...

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 ...

Investment Law Rules and Regulations Released by March

NAYPYIDAW — Rules and regulations for the newly enacted Myanmar Investment Law will be released in three months at the earliest and by the end of March next year at the latest, according to U Maung Maung Win, deputy minister of national planning and finance.Keep ...

Gems Emporium Expected to Attract US and EU Traders

RANGOON — More Western jade traders are expected to attend to the upcoming Naypyidaw Gems Emporium, after the lifting of US economic sanctions last month. Keep reading   ...

One in Five Burmese Children Go to Work Instead of School: Census

BANGKOK — One in five children aged 10 to 17 in Burma go to work instead of school, according to figures from a census report on employment published on Monday. Keep reading    ...

Mongla: ‘the Wildlife Trafficking Capital of the World’

Mongla lies on the border of the Xishuangbanna Dai Autonomous Prefecture in southwestern China and Shan State in northeastern Burma. Situated in the heart of the Golden Triangle, the city is known among other sad epithets as the wildlife trafficking capital of the world and for drugs, gambling, ...

Kachin locals oppose dam in Militia-controlled area

Locals have sent an open letter to Burma’s President opposing the planned hydropower project to be built over the May Kha River and Ngaw Chan Kha Creek in Kachin State’s Chipwi and Tsawlaw townships.Keep readin ...

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