Thursday, February 07, 2013

Best Western to open Myanmar hotels



6 Feb 2013

Leading US-hotel chain, Best Western International Inc, has announced
 that they will enter the Myanmar hotel market this year.

New Inle Lake hotel zone unveiled



6 Feb 2013

A new hotel zone for Inle Lake is to be built on a 600-acre plot centered 
at Ingyingone village, some 15 miles from the picturesque lake.

Ministries to pay off Myanmar’s foreign debts



6 Feb 2013

Myanmar’s Finance and Revenue Minister Win Shein has said that government 
ministries will be responsible for paying off the country’s foreign debts.

KIO chairman calls for a federal union



6 Feb 2013

Kachin Independence Organization (KIO) Chairman Zaung Khara said that
 his people “hope for and expect” the establishment of a federal union in Myanmar.

First opposition MP appointed to Cabinet



6 Feb 2013

Myanmar's president has appointed an opposition lawmaker to his cabinet, 
state media said Wednesday, giving a foothold to a political rival
 in his reformist government for the first time.

World Bank to Target Burma’s Energy Development


6 Feb 2013

RANGOON — A visiting World Bank Group delegation said it will support 
public and private sector investment in Burma’s underdeveloped power infrastructure,
 as the sector is imperative to spurring economic growth and reducing poverty.

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