The Asian Development Bank and International Monetary Fund Saturday encouraged Myanmar to carry on its economic reforms aimed at achieving the goal of reducing poverty and development.
Indonesian President Dr. Susilo Bambang Yudhoyono's current state visit to Myanmar highlighted the two countries' economic cooperation with the two sides agreeing to further increase trade volume to 1 billion U.S. dollars in 2014, up from 500 million dollars set when Myanmar President U Thein Sein visited Indonesia in May 2012.
The U.S. government welcomes Myanmar's release of over 90 prisoners under a fresh presidential amnesty order, a spokesman said here on Tuesday.
Indonesian President Susilo Bambang Yudhoyono is due to arrive in Nay Pyi Taw later on Tuesday to start a two-day state visit to Myanmar.
The European Union (EU) on Monday decided to lift sanctions against Myanmar, while keeping the arms embargo.
Myanmar entrepreneurs have voiced opposition to allowing foreign investment in joint ventures with local tourism operators, the ruling-party-run Union Daily reported Tuesday.
A 17-member business delegation led by Secretary General Dr T Roy from Calcutta Chamber of Commerce of India will make joint venture talk with Myanmar businessmen at the Union of Myanmar Federation of Chambers of Commerce and Industry ( UMFCCI) here, according to UMFCCI Monday.
Myanmar Ministry of Information has allowed the second batch of eight private daily newspapers for temporary publication starting April 1 after scrutiny, official media reported Tuesday.
UN Secretary-general Ban Ki-moon on Thursday welcomed the outcome of recent discussions between the Myanmar government and the Kachin Independence Organization (KIO), praising all parties for their efforts to make this happen.
Myanmar will allow exchange of local currency Kyat with two more foreign currencies -- Chinese yuan and Thai baht -- at Myanmar banks and money exchange counters legally set up in the country, official media reported Thursday.
Japan has been stepping up its economic activities in Myanmar since the beginning of this year, especially after the visit of Japanese Deputy Prime Minister and Finance Minister Taro Aso, a highest-ranking Japanese official to have come to Myanmar since a civilian government is installed in the Southeast Asian nation.
Myanmar will begin construction of a new international airport, the Hanthawaddy International Airport by July this year, local media reported Tuesday.
Myanmar has taken measures to introduce international electronic payment services, bringing in so far three international payment cards to facilitate foreign travelers in domestic payment in preparation of the upcoming Myanmar-host 27th Southeast Asian (SEA) Games in December this year.
The United States Chamber of Commerce (USCC) and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI)on Monday signed a memorandum of understanding (MoU) in a bid to promote bilateral trade and investment between the two countries.
The Myanmar authorities have extended granting of visa-on-arrival at Mandalay International Airport for visitors from 22 more countries mostly from Europe starting this month, local media reported Monday.
A staff team led by a senior official of the International Monetary Fund (IMF) has been visiting Myanmar between Jan. 31 and Feb. 6 to discuss matters regarding improving the relations between the Washington-based global lender and the Southeast Asian nation.
Representatives of the central peace making group of the Myanmar government and the Kachin Independence Organization (KIO) resumed peace talks on Monday in Ruili, China's border town opposite to Myanmar's Muse, according to a five-point joint statement of the two sides aired by the state radio.
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