Thursday, August 23, 2012

Burmese banks need upgrade before foreign investment


Wednesday, 22 August 2012 15:50 Than Htike Oo
 (Interview) – The Burmese Central Bank Deputy Governor Maung Maung Win 
was interviewed in the bank’s Rangoon office on August 10. He discussed 
the bank’s stance on liberalization of the financial markets, the opening 
of foreign commercial banks, the exchange rate unification and interest rates, among

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Laos Upgrades Burma Border Security at Mekong


22-Aug-12
VIENTIANE, Laos—A new military road is to be built along the Mekong River 
where it forms the Burma-Laos border in order to enhance security 
in the tumultuous Golden Triangle region where pirates have been terrorizing trade.

Burmese Commission heads to Rakhine State this week: report


Wednesday, 22 August 2012 15:32 Mizzima News
Zarganar, the well-known Burmese comedian who is a member of a commission 
named to look into the causes of violence in Rakhine State, said on Tuesday 
the group would spend two days there this week, according to a report 
by DPA, the German news agency.

Shan Ceasefire Starts to Show Cracks


21-Aug-12
Despite a peace deal with Naypyidaw still being in place, ethnic Shan rebels say 
that tensions with government troops are growing more acute as they are being 
forced to withdraw from certain economically strategic bases.

Up to 4 million Burmese working abroad


Wednesday, 22 August 2012 15:01 Mizzima News
Nearly four million Burmese are now working in foreign countries, according 
to recent Parliament discussions.

Lashio Hit by Worst Floods in Half a Century


22-Aug-12
LASHIO, Shan State — At least one person is dead and two others are missing 
after flash floods hit low-lying areas of northern Shan State’s largest city, 
leaving hundreds homeless.