News

Affordable housing projects affected as funds dry up

In a serious blow to thousands of would-be home-owners, the construction of affordable homes in Yangon’s Ayeyarwon and Yadanar housing projects has been suspended because the money has run out, government officials say. Urban and Housing Development department director general U Min Htein told The Myanmar ...

CPP passes 2017 budget

The 2017 national budget, with more than $5 billion in expenditures, was passed by the Senate on December 5 without any changes despite opposition from the CNRP. Expenditures in the 2017 budget are up 15.6 percent compared with 2016 and include more than $1 billion in foreign ...

Four-year plan aims to boost tourism

The National Tourism Policy Committee has unveiled a four-year plan to enhance tourism competitiveness and has also approved a special zone focusing on four islands in southern Thailand. Deputy Prime Minister General Tanasak Patimapragorn on November 30 said the committee would organise a series of training programmes ...

Voter drive extended for one day

The National Election Committee (NEC) decided to extend voter registration by only one day after pleas from the opposition and civil society to extend the deadline due to more than one million citizens failing to register in time. The new voter list, with 7.7 million ...

Cambodia leads pack for landmine clearance efforts

Cambodia has cleared more square kilometres of landmines than any other country over the past year, according to a new report by the International Campaign to Ban Landmines, but is still unlikely to meet its goals in coming years. At 46.5 square kilometres, Cambodia’s demining ...

Cabinet approves five decrees to boost economy, improve administration

The government cabinet has approved five new and amended draft prime ministerial decrees to boost socio-economic development and improve administration. They are the draft Decree on Government Bond, Decree on Tourism Fund, Decree on Technical Positions of Civil Servants, amended draft Decree on Private Education Institute ...

Myanma railways to offer compensation for circular line upgrade affected

Compensation is on the agenda for Myanma Railways, as planned up- grades to the Yangon circular railway gather steam. Myanma Railways general manager U Htun Aung Thin told The Myanmar Times there would be negotiation and compensation for those affected by the project. “We held ...

State spending trusted to boost GDP

Despite muted sentiment in the fourth quarter, the government is highly confident the economy could end this year with an estimated growth of 3.2-3.3%. Deputy Prime Minister Somkid Jatusripitak said accelerated state spending on infrastructure projects and growing tourism will shore up economic growth in ...

VN five-year economic plan to focus on non-state sector

Minister of Planning and Investment Nguyen Chi Dung spoke to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about the five-year economic restructuring plan. Is it feasible to raise two thirds of the capital resources required in the next five years (2016-2020) for economic ...

Saravan's stunning Kaengkou waterfall awaits visitors

Laos has abundant water resources that are among the main tourist attractions. But many of the country’s stunning waterfalls and cascades are unknown to visitors, including Kaengkou waterfall in Vapy district, Saravan province. This attractive landscape of flat rocks and large pools is one of ...

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