A workshop by the United Nations High Commission for Refugees (UNHCR) about the resettlement of internally displaced persons (IDPs) was held in Karen State capital Hpa-an.

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Intense fighting between the Tatmadaw and the Kachin Independence Army (KIA) continues with just one week before the start of the 21st-century Panglong Conference, to be held from August 31 to September 4 in Nay Pyi Taw with the hopes of fostering peace between the country’s armed ethnic groups.

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Burma’s main opposition party, the Union Solidarity and Development Party (USDP), has pinned its hopes on new leader Than Htay securing Burma’s top job in the 2020 election.

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A reshuffle of the Union Solidarity and Development Party (USDP) on Tuesday saw younger faces emerge at the top of Burma’s biggest opposition party, although the positions of chairman, vice-chairman and general secretary went to ex-military officers.

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Relations between China and Myanmar took a positive turn this month during Aung San Suu Kyi’s five-day visit to China as Myanmar’s de facto leader.

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China has extended an offer to assist Myanmar with a large-scale project to prevent natural disasters, says the Ministry of Social Welfare, Relief and Resettlement.

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Aung San Suu Kyi is playing her diplomatic cards shrewdly, choosing China as the first country outside the Association of Southeast Asian Nations to visit in her new capacity as Myanmar’s de facto leader.

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As Myanmar re-joins the ASEAN markets and introduces its own Stock market, there will be increasing pressure on local Companies to adhere to good corporate governance criteria. There are a number of codes that are applied and cater for the local market conditions, and it can be argued that no one single approach to Corporate Governance is the absolute correct one. Corporate governance systems have recently been under the microscope, driven by many corporate failings of recent years such as Exxon Mobil, HIH and those financial institutions caught up in the global financial crises of 2008. Current texts and publications highlight the growing complexity of company financial arrangements and increasing distance between shareholders and the respective boards of companies, concluding that a more formal board monitoring process is required (Tricker 2009; Nicholson & Kiel 2007; Sharp & Stock 2005).

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On August 31 Myanmar will hold its “21st Century Panglong Conference” – the latest step in the country’s long peace process. It will be a moment imbued with symbolism. General Aung San, Aung San Suu Kyi’s own father led the Bamar delegation at the first Panglong conference held in 1947, which reached a breakthrough agreement with three armed groups and is still etched in the popular memory of the country today.

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A powerful 6.8 magnitude earthquake struck central Myanmar Wednesday (Aug 24), killing at least three people and damaging some 60 pagodas in the famous ancient city of Bagan, officials said.

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Myanmar’s government has set up an advisory panel led by former United Nations. Secretary-General Kofi Annan to find “lasting solutions” to the conflict in Rakhine state, where human-rights groups have documented widespread abuses against the minority Rohingya Muslims.

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United Nations Secretary General Ban Ki-moon will attend the opening ceremony of the 21st-century Panglong Conference on August 31, according to U Zaw Htay, deputy director general of the President’s Office.

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The Arakan Patriot Party (APP) announced this week that it won’t attend the upcoming Union Peace Conference (also called 21st Century Peace Conference) if all the ethnic armed groups can’t attend.

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Three ethnic armed organizations not recognized by the previous military backed government as part of the Nationwide Ceasefire Agreement have said they are prepared to attend upcoming political dialogue if they are invited.

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Shan community groups are calling for the suspension of a Chinese-backed dam on the Salween River that they say risks exacerbating conflict and environmental problems in northern Shan State.

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The Lower House approved a bill on Wednesday that repeals Burma’s controversial 1950 Emergency Provisions Act.

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Burma’s Union Parliament passed a bill on Tuesday amending the 2016 Union Budget Law—drafted by the previous government and approved by the former legislature, trimming the estimated expenditures of the majority of the ministries.

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Burma’s parliament on Tuesday passed a bill amending the 2016 Union Budget Law to cut spending in 14 government ministries.

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New Union and Solidarity Development Party chairman U Than Htay said Wednesday that he was committed to winning the 2020 election after a leadership shakeup this week, while adding that the party had no plans to alter its policies ahead of the next poll.

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A newspaper published by the former ruling party of ex-generals has claimed that crime has sharply risen under the democratically elected government of Aung San Suu Kyi, and that her efforts to impose rule of law have failed.

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