When Myanmar, earlier known as Burma, began to emerge from military dictatorship in 2011, most Western embargoes were lifted in response to the wide-ranging political and economic reforms introduced. Over the past three years, attempts by the quasi-civilian government led by former general Thein Sein to lure foreign investment, create jobs and improve infrastructure have generated excitement over the country’s potential as Asia’s next frontier market. (more…)

U Sett Aung, the vice chairman of the Central Bank of Myanmar told a press conference held in Yangon on September 14 that foreign banks would be given permission to operate Myanmar at some point in late September or early October.  (more…)

The International Finance Corporation, a member of the World Bank Group, has agreed to provide Yoma Bank Ltd with a US$5 million convertible loan and help improve its risk management and corporate governance, a news release announced on September 16. (more…)

The Ministry of Labour, Employment and Social Security is tightening procedures for issuing licences to job agencies that send workers overseas, says the Myanmar Overseas Employment Agencies Federation. (more…)

Myanmar has revised its forecast for foreign direct investment (FDI) to more than $5 billion for the fiscal year that began in April, a senior official said on Tuesday. (more…)

Two bombs in two days have been discovered in eastern Burma’s Myawaddy Township, with the second explosive device uncovered on Tuesday morning in the busy trading hub on the Thai-Burma border. (more…)

Ethnic leaders have spoken to Mizzima on September 14 to reveal their concerns over the late release of census data relating to ethnicity and the impact it may have on the provision of political representation at state and regional level.  (more…)

Opposition political parties, including ethnic Karen parties, welcomed the announcement by Burma’s Election Commission (UEC) to cancel nationwide by-elections planned for late 2014. (more…)

This year’s census showed nine million fewer people in Burma than expected. (more…)

A parliamentary proposal urging a set of policies “to make life more pleasant” for people in Arakan State was approved by Burma’s upper house on Monday. (more…)

Mismanagement of land ownership and ‘land grab’ issues has hampered the ability of Myanmar to feed itself, members of the agricultural community told Mizzima on September 15. (more…)

Irrawaddy Division officials and a Burmese construction company met with residents of villages in Nga Yoke Kaung Township last weekend to inform of them of a plan to build a 300-megawatt coal-firedpower plant in the coastal region. (more…)

A recent meeting of political party leaders to discuss a framework for post-ceasefire dialogue was carried out without Burma’s two biggest parties, giving rise to theories that past rivalries are resurfacing. (more…)

Farmers from Thegon, Pegu Division, announced on Monday that a local authority grossly under reported the amount of land confiscated in Aungon village, the site of an on-going and occasionally violent property dispute. (more…)

A student activist was arrested on Saturday and is facing charges for her alleged involvement in the illegal detention in May of two Chinese workers by local villagers who oppose the Chinese-backed copper mine in Monywa, Sagaing Division, the All Burma Federation of Student Unions (ABFSU) said.  (more…)

Opposition to Burma’s National Education Bill continues to grow as the draft moves closer to approval. (more…)

Medics working with civilians displaced by fighting in Kachin State are struggling to cope because of a lack of resources – community based organizations warn of a potential health crisis. (more…)

So, the Myanmar government plans to create job opportunities for these people in local areas. Deputy Minister of Home Affairs Brig-Gen Kyaw Zan Myint made this remark in parliament at Nay Pyi Taw on Friday. (more…)

This year’s census showed nine million fewer people in Burma than expected. In 2010, Burma’s Union Electoral Commission (UEC) stated that there were around 29 million enfranchised citizens in Burma, based on an estimated population figure of around 60 million. That has now been revised to 51.4 million. (more…)

A time-bomb was found near the Myanmar-Thai Friendship Bridge at around 6:30am on Sep 15 in the Myanmar border town of Myawady and authorities managed to defuse it in an hour, according to officials. (more…)

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