Dec 9, 2015

Open but not trading: Myanmar launches fledgling bourse

Myanmar officially launched its first modern stock exchange Wednesday, but without a single stock to trade, as the nation’s latest drive for economic revitalization struggles to take flight. Aung San Suu Kyi’s pro-democracy party swept elections last month, boosting confidence in the former junta-run ...

Dec 5, 2015

U.S. prepares to amend Myanmar trade sanctions

The United States is preparing to amend sanctions on Myanmar after banks complained they can’t finance trade that goes through the nation’s main port terminal because it is run by a blacklisted business tycoon. State Department officials have been sounding out Congress about remedial ...

Nov 29, 2015

Japan eager to cozy up to Myanmar's incoming NLD government

The government is stepping up efforts to develop a relationship with Myanmar’s top opposition force, the National League for Democracy, after its landslide victory in the general election earlier this month. Also, Japanese businesses have a high interest in Myanmar’s abundant and cheap labor. ...

Myanmar jade mine landslide toll tops 100

Nov 23, 2015

Myanmar jade mine landslide toll tops 100

Rescuers on Monday were searching for victims of a huge landslide at a mine in northern Myanmar as the toll topped 100 in a disaster highlighting the perils of the country’s secretive billion-dollar jade trade. Authorities in the remote town of Hpakant, the epicenter ...

Landslide in northern Myanmar kills about 70; 100 missing

Nov 22, 2015

Landslide in northern Myanmar kills about 70; 100 missing

A landslide near a jade mine in northern Myanmar killed up to 70 people and left more than 100 missing, most of them villagers sifting through a huge mountain of tailings and waste, a community leader and businessman said Sunday. The collapse occurred Saturday ...