News

Thousands forced to evacuate as severe floods hit Rakhine State

Increasing heavy rains have caused severe flooding in the western state of Rakhine, Myanmar, destroying nearly 200 homes and causing serious damage to another hundred across four townships. During the first few days of the flooding, around 1,500 people were evacuated, and about 300 of ...

Myanmar Govt earns US$170 million monthly from gas exports

Natural gas exports earn Myanmar US$170 million each month, with a total of 1.6 billion cubic feet per day of natural gas exported to Thailand and China, according to the Ministry of Energy. “Gas exports earn over US$170 million every month, including taxes and other charges. ...

Hundreds infected in Yangon cholera outbreak

Health officials were insisting last week a cholera outbreak in Yangon’s South Okkalapa township was under control, after hundreds of patients presented at an emergency clinic and Thingangyun Sanpa Hospital for treatment. The outbreak had originally been diagnosed as gastroenteritis but Dr Tin Thit Sa, an ...

Jailed Myanmar fishermen arrive home from India

More than 120 Myanmar fishermen arrested by the Indian navy for illegally plying India’s waters were returned to Myanmar last week, a government official said. U Aung Kyaw, deputy director of the Department of Relief and Resettlement, said on 10 July that the return of the ...

Exclusive: Myanmar drafts new foreign investment rules

Foreigners will no longer need a local partner to set up businesses in Myanmar and may be granted a five-year tax holiday from the start of commercial operations, according to the draft of a new investment law obtained by Reuters.  Keep reading ...

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