Friday, November 30, 2012

Controversial Pyu Monograph Reading Ceremony to be cancelled


29 Nov 2012

Parliamentary Speaker Thura U Shwe Mann said the “Monograph Reading 
Ceremony of Pyu Tribe and Pyu Kingdom” scheduled for November 30 
would be cancelled during a consultation meeting last Sunday in Moulmein, 
the capital of Mon State.

Burma army artillery expert killed in Hpakant accident


29 Nov 2012

Several Burma army personnel died following a munitions accident at a military 
base in Kachin State's jade rich Hpakant district.

According to a source with close ties to the military, a Russian-trained artillery 
officer and three subordinates were killed on Nov. 21 at the Hpakant 
Military Strategy Command (MSC). The soldiers were attempting to fire a 105mm 
howitzer shell that exploded prematurely. At least four other soldiers are believed 
to have been injured by the explosion.

threaten Arakanese party


29 Nov 2012

The members of the Arakan League for Democracy (ALD) said local authorities 
have been threatening to eliminate their party accusing  them of fraud in 
their campaigns to extend their party memberships in Arakan State and Chin State.

Japanese bank announces deal with Ayeyarwady Bank


29 Nov 2012

Japan’s Juroku Bank has announced a deal with Burma’s Ayeyarwady Bank, 
according to a report in the Japan Times on Thursday.

The move marks “the first such arrangement between a Japanese regional lender 
and a Myanmar financial institution to help Japanese companies 
set up in the country,” the report said.

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Burma lacks capital to develop wealth of resources: ADB


29 Nov 2012

The Asian Development Bank (ADB) says that while Burma has a “wealth of 
possibilities for power generation,” it lacks the capital to develop them.

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80 injured in Monywa crackdown


29 Nov 2012

In the early hours of Thursday morning in Sagaing, riot police violently cracked 
down on protesters at the main “sit-in” site in front of the offices of the Wanbao 
copper mine company, injuring more than 80 people, including many Buddhist monks.